Category: Precious Metals Update

19
Dec
2011

2012 Gold Averages: Goldman $1,810/oz, Barclays $2,000/oz and UBS $2,050/oz

Gold is trading at USD 1,592, EUR 1,223.30, GBP 1,028.00, CHF 1,491, JPY 124,067 and AUD 1,600.50 per ounce.

Gold’s London AM fix this morning was USD 1,593.00, GBP 1,028.34, and EUR 1,222.94 per ounce.

Friday’s AM fix was USD 1,589.50, GBP 1,022.84 and EUR 1,218.94 per ounce.


Cross Currency Rates

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16
Dec
2011

Gold Oversold and “Buying Opportunity” as “Protection Against Currency Debasement”

Gold is trading at USD 1,599.20, EUR 1,222.20, GBP 1,028.30, CHF 1,498.40, JPY 124,340 and AUD 1,595.0 per ounce.

Gold’s London AM fix this morning was 1,589.50, GBP 1,022.84, and EUR 1,218.94 per ounce.

Yesterday’s AM fix was USD 1,590.00, GBP 1,026.54 and EUR 1,223.64 per ounce.

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15
Dec
2011

Gold Falls due to Re-Hypothecation, Counter Party, Liquidity and Contagion Risk

Gold is trading at USD 1,591.10, EUR 1,224.20, GBP 1,026.30, CHF 1,501.40, JPY 123,940 and AUD 1,602.0 per ounce.

Gold’s London AM fix this morning was 1,590.00, GBP 1,026.535 and EUR 1,223.64  per ounce.

Yesterday’s AM fix was USD 1,635.00, GBP 1,055.32 and EUR 1,255.18 per ounce.

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14
Dec
2011

Roubini Asks of ‘Goldbugs’ on Twitter “Where is 2,000?” – Ignores Academic Research

Gold is trading at USD 1,614.10, EUR 1,242.20, GBP 1,045.30, CHF 1,533.40, JPY 126,100 and AUD 1,623.0 per ounce.

Gold’s London AM fix this morning was USD 1,635.00, GBP 1,055.32, and EUR 1,255.18 per ounce.

Yesterday’s AM fix was USD 1,665.00, GBP 1,068.75, and EUR 1,262.22 per ounce.


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13
Dec
2011

Gold Support at 200 DMA at $1618/oz, Massive Chinese Demand and Gartman Flip Flops

Gold is trading at USD 1,665.10, EUR 1,261.20, GBP 1,067.30, CHF 1,557.40, JPY 129,550 and AUD 1,643.0 per ounce.

Gold’s London AM fix this morning was USD 1,665.00, GBP 1,068.75, and EUR 1,262.22 per ounce.

Yesterday’s AM fix was USD 1,680.00, GBP 1,077.06, and EUR 1,266.49 per ounce.

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12
Dec
2011

ETF and Central Bank Gold Lent to Banks Being Relent Into Market?

Gold is trading at USD 1,680.90, EUR 1,267.70, GBP 1,075.30, CHF 1,564.40, JPY 130,750 and AUD 1,659.0 per ounce.

Gold’s London AM fix this morning was USD 1,680.00, GBP 1,077.06, and EUR 1,266.49 per ounce.

Friday’s AM fix was USD 1,712.00, GBP 1,094.49, and EUR 1,281.34 per ounce.

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09
Dec
2011

Euro Fudge Distracts From Global Debt Titanic; Intervention in Gold Market?

Gold is trading at USD 1,719.00, EUR 1,283.70, GBP 1,095.30, CHF 1,582.40, JPY 135,510 and AUD 1,689.0 per ounce.

Gold’s London AM fix this morning was USD 1,712.00, GBP 1,094.49, and EUR 1,281.34 per ounce.

Yesterday’s AM fix was USD 1,739.00, GBP 1,105.81, and EUR 1,297.28 per ounce.


Cross Currency Table

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08
Dec
2011

Real Interest Rates Negative (Base ECB 1.0%, BOE 0.5%) – Central Banks Prepare For Life After Euro

Gold is trading at USD 1,719.40, EUR 1,302.70, GBP 1,109.30, CHF 1,608.40, JPY 135,050 and AUD 1,689.4 per ounce.

Gold’s London AM fix this morning was USD 1,739.00, GBP 1,105.81, and EUR 1,297.28 per ounce.

Yesterday’s AM fix was USD 1,731.00, GBP 1,108.20, and EUR 1,289.96 per ounce.

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07
Dec
2011

New Independent Research: Gold Is Crucial Diversification – Hedge Against Monetary and Systemic Risk

Gold is trading at USD 1,724.70, EUR 1,289.70, GBP 1,099.30, CHF 1,105.5, JPY 134,050 and AUD 1,679.4 per ounce.

Gold’s London AM fix this morning was USD 1731.00, GBP 1108.20, and EUR 1,289.96 per ounce.

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06
Dec
2011

‘Gold For Bonds’ in Japan as Bond Buyers Get Gold Coins – May Enhance Returns 5.9 Times

Gold is trading at USD 1,718.90, EUR 1,282.70, GBP 1,099.30, CHF 1,587.50, JPY 133,650 and AUD 1,679.40 per ounce.

Gold’s London AM fix this morning was USD 1,720.00, GBP 1,098.76, and EUR 1,284.54 per ounce.

Yesterday’s AM fix was USD 1,744, GBP 1,114.88, and EUR 1,296.08 per ounce.


Cross Currency Rates

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