September 2011 - GoldCore News

Gold Steadies, Inflation Rises in Eurozone, Stagflation Beckons

  Gold is trading at USD 1,619.95, EUR 1,207.17, GBP 1,045.29, JPY 125,291, AUD 1,679.09 and CHF 1,469.15 per ounce.  Gold’s London AM fix this morning was USD 1,629.00, EUR 1,204.26,and GBP 1,042.63 per ounce.  Yesterday’s AM fix was USD 1,620.00, EUR 1,187.77, and GBP 1,033.69 per ounce. 

READ MORE

Global Market Paralysis Sees Gold Holding Onto Gains

Gold is trading at USD 1,653.45, EUR 1,210.52, GBP 1,055.44, JPY 126,298.80, AUD 1,665.32 and CHF 1,477.66 per ounce.  Gold’s London AM fix this morning was USD 1,655.00, EUR 1,214.77,and GBP 1,059.37 per ounce.  Yesterday’s AM fix was USD 1,671.00, EUR 1,236.40, and GBP 1,075.50 per ounce. 

READ MORE

Gold Rebounds Strongly From Lows of $1,532

Gold is trading at USD 1,673.70, EUR 1,237.67, GBP 1,076.82, JPY 127,949.30, AUD 1,693.21 and CHF 1,511.32 per ounce.  Gold’s London AM fix this morning was USD 1,671.00, EUR 1,236.40,and GBP 1,075.50 per ounce.  Yesterday’s AM fix was USD 1,615.00, EUR 1,198.96, and GBP 1,041.87 per ounce. 

READ MORE

Gold and Silver Get Sold Heavily, Markets Erratic and Seeking Consensus – Washington is Quiet

Gold is trading at USD 1,613.00, EUR 1,198.37, GBP 1,040.91, JPY 123,180, AUD 1,654.44 and CHF 1,465.41 per ounce.  Gold’s London AM fix this morning was USD 1,615.00, EUR 1,198.96,and GBP 1,041.87 per ounce.  Yesterday’s AM fix was USD 1,730.00, EUR 1,279.68, and GBP 1,119.81 per ounce. 

READ MORE

Markets Price in Slower Global Growth – The Herd Sells! Sells! Sells! and Buys…Dollars

Gold is trading at USD 1,718.09, EUR 1,275.40, GBP 1,113.33, JPY 130,935.64, AUD 1759.15 and CHF 1,556.07 per ounce.  Gold’s London AM fix this morning was USD 1730.00, EUR 1,279.68, and GBP 1,119.81 per ounce.  Yesterday’s AM fix was USD 1,765.50, EUR 1,310.40, and GBP 1,144.35 per ounce. 

READ MORE

FOMC Focuses on Slower Growth, Eyes Further Easing, Gold Lower, Equities Fall

Gold is trading at USD 1,752.70, EUR 1,304.87, GBP 1,137.30, JPY 133,736.30, AUD 1,785.46 and CHF 1,609.01 per ounce.  Gold’s London AM fix this morning was USD 1,765.50, EUR 1,310.40, and GBP 1,144.35 per ounce.  Yesterday’s AM fix was USD 1,792, EUR 1,322.22, and GBP 1,155.23 per ounce. 

READ MORE

Gold Focuses on FOMC Meeting as IMF Report Paints Sombre Picture for World Economy

Gold is trading at USD 1,811.05, EUR 1,324.35, GBP 1,156.92, JPY 138,179.50, AUD 1,765.83 and CHF 1,616.80 per ounce.  Gold’s London AM fix this morning was USD 1,810.25, EUR 1,322.22, and GBP 1,155.23 per ounce.  Yesterday’s AM fix was USD 1,792, EUR 1,309.37, and GBP 1,142.27 per ounce. 

READ MORE

Gold Gains as Credit Rating Agencies Flag an “Italian Job”

Gold is trading at USD 1,793.84, EUR 1,309.37, GBP 1,140.96, JPY 137,101.40, AUD 1,742.44 and CHF 1,577.91 per ounce.  Gold’s London AM fix this morning was USD 1,792, EUR 1,309.37, and GBP 1,142.27 per ounce.  Yesterday’s AM fix was USD 1,817, EUR 1,332.31, and GBP 1,155.56 per ounce. 

READ MORE

Gold Moves Higher as Greece Crisis Moves up a Gear, Financials Get Pummelled

Gold is moving up again in U.S. dollars and is trading at USD 1,818.29, EUR 1,331.50, GBP 1,155.79, JPY 139,571.90, AUD 1,854.66 and CHF 1,603.73 per ounce.  Gold’s London AM fix this morning was USD 1,817, EUR 1,332.31, and GBP 1,155.56 per ounce.  Yesterday’s AM fix was USD 1,778, EUR 1,288.67, and GBP 1,126.24 per ounce.  Stocks down, Gold up, no consensus, no plan, the death of the euro by a thousand cuts continues. This morning the euro banks are getting pummelled as their exposure to a potential Greek default grows. 

READ MORE

Gold Gives Ground As Europe/Germany Decides Its Future

Gold is lower again in U.S. dollars and is trading at USD 1,778.19, EUR 1,288.45, GBP 1,125.01, JPY 136,422.70, AUD 1,838.65 and CHF 1,554.01  per ounce.  Gold’s London AM fix this morning was USD 1,778, EUR 1,288.67, and GBP 1,126.24 per ounce.  Yesterday’s AM fix was USD 1,806.00, EUR 1,310.03, and GBP 1,143.18 per ounce. 

READ MORE

Gold Marginally Lower on Euro Debt Moves, Market looks forward to FOMC Meeting Next Week

Gold is marginally lower in U.S. dollars and is trading at USD 1,802, EUR 1,306 , GBP 1,140, JPY 138,062, AUD 1,752 and CHF 1,576.04  per ounce.  Gold’s London AM fix this morning was USD 1,806.00, EUR 1,310.03, and GBP 1,143.18 per ounce. Yesterday’s AM fix  was USD 1,829.00, EUR 1,339.33, and GBP 1,160.46 per ounce. Gold Bullion

READ MORE

‘Perfect Storm’ of Global Banking and Sovereign Debt Crisis to Lead to Global Currency Crisis

Gold is marginally lower in U.S. dollars and is trading at USD 1,831.60, EUR 1,337.90 , GBP 1,160.50, JPY 140,722, AUD 1,792.60 and CHF 1,610.10  per ounce. Gold’s London AM fix this morning was USD 1,829.00, EUR 1,339.33, and GBP 1,160.46 per ounce. Yesterday’s AM fix was USD 1,806.00, EUR 1,326.38, and GBP 1,143.33 per ounce.

READ MORE

Asian Inflation Demand (Vietnam, Indonesia, Thailand, India and China) To Support Gold

Gold is marginally lower in U.S. dollars and is trading at USD 1,816.60, EUR 1,329.90, GBP 1,147.90, JPY 139,820, AUD 1,763 and CHF 1,600 per ounce. Gold’s London AM fix this morning was USD 1,806.00, EUR 1,326.38, and GBP 1,143.33 per ounce. Yesterday’s AM fix was USD 1,843.00, EUR 1,354.94, and GBP 1,164.10 per ounce.

READ MORE

Gold New Record High in Euros (€1,375/oz) on Greek Default and Eurozone Contagion Risk

Gold is marginally lower in most currencies and is trading at USD 1,836.60, EUR 1,350.90, GBP 1,158.90, JPY 141,320, AUD 1,779 and CHF 1,626 per ounce. Gold reached a new record nominal highs in Australian dollars, Swiss francs and euros this morning.  Gold’s London AM fix this morning was USD 1,843.00, EUR 1,354.94, and GBP 1,164.10 per ounce.  Friday’s AM fix was USD 1,879.50, EUR 1,359.39, and GBP 1,177.12 per ounce.

READ MORE

Global Currency Wars Sees Swiss Franc Devalue 8.5% Against Gold This Week

Gold is trading at USD 1,836.60, EUR 1,330.90 , GBP 1,153.90, JPY 142,750 per ounce and reached a new record nominal high in Swiss francs at CHF 1,652.83. Gold was higher in all currencies prior to sharp selling was seen in the hour after the London AM fix. Gold’s London AM fix this morning was USD 1,879.50, EUR 1,359.39, GBP 1,177.12 per ounce. Yesterday’s AM fix was USD 1,827.00, EUR 1,298.88, GBP 1,146.68 per ounce.

READ MORE

U.S. Mint Gold Eagle Coin Sales Research (1987-2011) Casts Doubt on “Gold Bubble” Assertion

Gold is trading at USD 1,841.60, EUR 1,310.90, GBP 1,148.90, CHF 1,593.10 and JPY 142,290 per ounce and is thus trading at levels seen at this time yesterday.  Gold’s London AM fix this morning was USD 1,827.00, EUR 1,298.88, and GBP 1,146.68 per ounce. Gold fixed lower in all currencies from yesterday’s AM fix - USD 1,844.00, EUR 1,311.99, GBP 1,153.44 per ounce.

READ MORE

Dr. Constantin Gurdgiev: If you’re looking for bubbles, don’t look at gold coins

Dr. Dr Constantin Gurdgiev, Head of Research with St Columbanus AG, member of the investment committee of GoldCore and the adjunct lecturer in finance in Trinity College, Dublin. Of all asset classes in today’s markets, gold is unique. And for a number of reasons.*

READ MORE

Gold Falls 2% in Minutes in Asian Trade – Global Currency Wars Resume and Markets Digest German Decision

Gold is trading at USD 1,843.60, EUR 1,314.10 , GBP 1,155.30, CHF 1,584.10 and JPY 142,390 per ounce.  Gold closed marginally lower in all currencies yesterday except for the Swiss franc which fell nearly 7% against gold and other fiat currencies. Gold’s London AM fix this morning was USD 1,844.00, EUR 1,311.99, GBP 1,153.44 per ounce. Gold fixed lower in all currencies (USD 1,891.00, EUR 1,330.75, GBP 1,172.86 per ounce).

READ MORE

Swiss Franc Collapses 7% Against the USD, EUR and Gold – Swiss National Bank to Fix CHF to EUR and Debase Currency

Currency markets have seen massive volatility this morning after the Swiss National Bank decision to fix the Swiss franc to the euro. Gold is trading at USD 1,899.50, EUR 1,339.10, GBP 1,177.30, CHF 1,611.10 (up from CHF 1,486.50 yesterday) and JPY 146,350 per ounce. Gold is down 0.18% in dollar terms and strong physical demand continues at these levels. Just prior to the announcement, spot gold for immediate delivery had risen to a new record nominal high of $1,921.15/oz in early morning trading in Europe.

READ MORE

Gold Reaches $1,900 Again – Supported by Risk of U.S. Recession, German Euro Risk and Wikileaks China Gold Cables

Spot for immediate delivery rose to $1,903.00/oz as the dollar and all currencies fell against gold in early European trading. Risk aversion has returned due to concerns about the US and global economy and Eurozone contagion. Gold is trading at USD 1,890.50, EUR 1,339.10, GBP 1,171.30, CHF 1,486.50 and JPY 145,350 per ounce.

READ MORE
Category
Archives
Popular

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion - News and Commentary Asian Stocks Fall as Miners Decline; Yen Gains (Bloomberg.com) Gold prices ease despite slightly weaker dollar (Reuters.com) Bitcoin Hits New All-Time High Above $12,250 (GoldSeek.com) Don’t Expect Gold to Go Wild Next Year[...]

READ MORE

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion - News and Commentary Gold rises on bargain hunting after slumping to over 4-month low (Reuters.com) Dollar Heads for Weekly Gain, Asia Stocks Advance (Bloomberg.com) Platinum’s discount to palladium hits 16-year-high (Reuters.com) Consumer credit accelerated in October[...]

READ MORE

"There Will Be Pain": Bank of England's Carney Warns On Brexit

Gold and Silver Bullion - News and Commentary Gold volatility 'breakout' coming soon to ‘eerily quiet’ market - Metals Expert (CNBC.com) Gold inches up as dollar weakens after U.S. Senate tax bill stalls (Reuters) Dollar Dips as Tax Bill Hits Snag;[...]

READ MORE