Market Update Archives - Page 20 of 21 - GoldCore News

Inevitable US, UK, Japan, Euro Downgrades Lead to Further Currency Debasement And Safe Haven Gold Demand

Gold’s London AM fix this morning was USD 1,721.00, EUR 1,303.10, and GBP 1,091.80 per ounce. Yesterday's AM fix was USD 1,727.00, EUR 1,302.22, and GBP 1,093.17 per ounce. Cross Currency Table – (Bloomberg)

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Asia Buying Gold On Dips – “Empires May Fall, Currencies May Change… Gold Will Always Survive”

Gold’s London AM fix this morning was USD 1,727.00, EUR 1,302.22, and GBP 1,093.17 per ounce. Friday's AM fix was USD 1,715.50, EUR 1,295.21, and GBP 1,084.25 per ounce. Cross Currency Table – (Bloomberg)

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Buffett Says “Right To Be Fearful” of “Paper Money” – Favours Stocks Over Cash, Bonds and Gold

Gold’s London AM fix this morning was USD 1,715.50, EUR 1,295.21, and GBP 1,084.25 per ounce. Yesterday's AM fix was USD 1,733.00, EUR 1,304.77, and GBP 1,094.20 per ounce. The pattern of gold trading higher in Asia and falling just before or at the open in Europe continued again today. Gold ticked a little higher in Asian trade prior to sharp falls before the open at 0800 GMT when gold fell quickly fell from $1,729/oz to $1,715/oz.

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Gold Will Advance to $2,500 If Euro Zone Breaks Up – Capital Economics

Gold’s London AM fix this morning was USD 1,733.00, EUR 1,304.77, and GBP 1,094.20 per ounce. Yesterday's AM fix was USD 1,743.00, EUR 1,315.17, and GBP 1,095.95 per ounce. Cross Currency Table – Bloomberg

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Gold Increased In Value In Both Extreme Inflationary and Deflationary Scenarios (1900-2011) – Credit Suisse & LBS Research

Gold’s London AM fix this morning was USD 1,743.00, EUR 1,315.17, and GBP 1,095.95 per ounce. Yesterday's AM fix was USD 1,720.00, EUR 1,308.98, and GBP 1,087.56 per ounce. Cross Currency Table – Bloomberg

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Fed’s Record Setting Money Supply Splurge Spurs Gold’s Rally

Gold’s London AM fix this morning was USD 1,720.00, EUR 1,308.98, and GBP 1,087.56 per ounce. Yesterday's AM fix was USD 1,717.00, EUR 1,315.31, and GBP 1,090.85 per ounce. Cross Currency Rates – Bloomberg

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Stocks and Euro Fall (€1,315/oz) As Possible Greek Default Looms

Gold’s London AM fix this morning was USD 1,717.00, EUR 1,315.31, and GBP 1,090.85 per ounce. Friday's AM fix was USD 1759.50, EUR 1,335.48, and GBP 1,110.66 per ounce. Gold has followed the now familiar trading pattern of gains in Asia followed by weakness in Europe. While gold has fallen and is weaker in most currencies gold remains higher in euro terms due to euro weakness on the concern of a Greek default.

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Research: US Mint Gold Coin Sales for January – Signal Return to Fundamental Driven Demand?

Gold’s London AM fix this morning was USD 1759.50, EUR 1,335.48, and GBP 1,110.66 per ounce.  Yesterday's AM fix was USD 1,747.50, EUR 1,326.68, and GBP 1,102.80 per ounce.   Gold prices hit their highest since mid-November this morning as signals that U.S. monetary policy will remain ultra loose increased investor appetite for bullion. 

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Gold Challenges Resistance at $1,750/oz – Technicals and Fundamentals Remain Very Positive

Gold’s London AM fix this morning was USD 1,747.50, EUR 1,326.68, and GBP 1,102.80 per ounce. Yesterday's AM fix was USD 1,744, EUR 1,327.65, and GBP 1,106.74 per ounce. Cross Currency Table - Bloomberg Gold has seen quite volatile up and down trading in Asia and Europe but within a narrow $10 band.

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Silver Surges 21% in January – Silver Demand Is “Diminishing A Supply Surplus”

Gold’s London AM fix this morning was USD 1,738.00, GBP 1,102.23, and EUR 1,317.27 per ounce. Yesterday's AM fix was USD 1,720.50, GBP 1,097.40, and EUR 1,310.06 per ounce. Cross Currency Table – Bloomberg

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Chinese ‘Gold Rush’ -Year of Dragon First Week Sees Record Sales– Up 49.7%

Gold’s London AM fix this morning was USD 1,720.50, GBP 1,097.40, and EUR 1,310.06 per ounce. Friday's AM fix was USD 1,722.00, GBP 1,095.98, and EUR 1,310.30 per ounce. Cross Currency Table - Bloomberg

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Roubini’s Bearish Forecast Is Bullish For Gold

Gold’s London AM fix this morning was USD 1,722.00, GBP 1,095.98, and EUR 1,310.30 per ounce. Yesterday's AM fix was USD 1,713.00, GBP 1,091.10, and EUR 1,300.59 per ounce. In Asia this morning gold fell from its seven week high as traders took profits ahead of US Gross Domestic Product data to be released later today (1.30GMT).  Gold investors were happy with the Fed's decision to keep interest rates low, but now the focus will again be on the eurozone and hopes for a solution to Greece's debt debacle.

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Continuing Negative Real Interest Rates Sees Gold Rise Above $1,700/oz

Gold’s London AM fix this morning was USD 1,713.00, GBP 1,091.10, and EUR 1,300.59 per ounce. Yesterday's AM fix was USD 1,659.00, GBP 1,064.08, and EUR 1,277.04 per ounce. Gold rose 2.5% yesterday and broke $1,700/oz to $1,712.80, its biggest one-day gain in the past 4 months, as the US Federal Reserve’s 11 out of 17 members voted that interest rates would likely remain near zero into late 2014.

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IMF’s Grim Outlook to Davo’s Sunny Slopes – Gold Shines

Gold’s London AM fix this morning was USD 1,659.00, GBP 1,064.08, and EUR 1,277.04 per ounce. Yesterday's AM fix was USD 1,669.00, GBP 1,072.69, and EUR 1,282.17 per ounce. Gold edged up after an early dip on buying from jewellers in Asia this morning.  Prices are trading narrowly as investors await the outcome of the US Federal Reserve meeting with its decision on interest rates at 17:30 GMT. 

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Japan Gold Buying on TOCOM Again Supports

Gold’s London AM fix this morning was USD 1,669.00, GBP 1,072.69, and EUR 1,282.17 per ounce. Yesterday's AM fix was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce. Cross Currency Table - Bloomberg

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Currency Wars – Iran Banned From Trading Gold and Silver

Gold’s London AM fix this morning was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce. Friday's AM fix was USD 1,646.00, GBP 1,064.68, and EUR 1,274.29 per ounce. Cross Currency Table - Bloomberg

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Gold Rises for Fourth Day – IMF $500 Billion Hopes Create Concerns

Gold’s London AM fix this morning was USD 1,664.00, GBP 1,076.53, and EUR 1,289.62 per ounce. Yesterday's AM fix was USD 1,657.00, GBP 1,077.09, and EUR 1,290.80 per ounce. Cross Currency Table - Bloomberg Spot gold rose on Thursday in Asia and has consolidated on those gains on somewhat subdued trading conditions.

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2012 Gold Estimates Lowered By Banks – But Remain Bullish

Gold’s London AM fix this morning was USD 1,657.00, GBP 1,077.09, and EUR 1,290.80 per ounce. Yesterday's AM fix was USD 1,662.00, GBP 1,080.34, and EUR 1,299.76 per ounce. Cross Currency Table – Bloomberg 

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Global Gold Coin & Bar Demand Surges in 2011 – Thomson Reuters GFMS Annual Gold Survey

Gold’s London AM fix this morning was USD 1,662.00, GBP 1,080.34, and EUR 1,299.76 per ounce. Yesterday's AM fix was USD 1,642.00, GBP 1,070.27, and EUR 1,281.71 per ounce. Cross Currency Table – Bloomberg

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Gold Nears €1,300/oz – Euro Lower After EU Downgrades and Greece Jitters

Gold’s London AM fix this morning was USD 1,643.50, GBP 1,074.60, and EUR 1,298.90 per ounce. Friday's AM fix was USD 1,642.00, GBP 1,070.27, and EUR 1,281.71 per ounce. Spot gold is again above the 200 day moving average near $1,638/oz. Gold prices have rallied 5% so far in 2012, with the eurozone debt crisis and the growing tension between Iran and the west supporting gold's safe haven status.

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Gold’s Time Is Nigh

Gold and Silver Bullion - News and Commentary Gold little changed amid firm dollar (Reuters.com) Bitcoin Futures Trading Brings Crypto Into Mainstream (Reuters.com) Bitcoin exchange warns customers of system collapse if prices crash (CityAM.com) Investors Told to Brace for Steepest Rate[...]

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98,750,067,000,000 Reasons to Be Worried About 2018

Gold and Silver Bullion - News and Commentary Gold inches up from near five-month low ahead of Fed meeting (Reuters.com) Gold slightly higher ahead of Fed meeting (Reuters.com) Asia shares take breather, Brent oil breaks above $65 (Reuters.com) Asia Stocks Mixed[...]

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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[...]

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