Market Updates Archives - Page 20 of 40 - GoldCore News

Euro Gold Near Record Highs Due to PIIGS Contagion Risk

GoldGold dipped to $1,132/oz in New York before recovering to close with a loss of 0.49%. It has range traded from $1,137.50/oz to $1,143/oz in Asian and European trading this morning. Gold is currently trading at $1,140/oz and in euro and GBP terms, at €859/oz and £741/oz respectively.

READ MORE

Gold Supported by Growing Inflation Concerns and Record Low Interest Rates

GoldGold touched over $1,150/oz late in New York before dipping slightly to close with a gain of 0.79%. It has range traded from $1,144/oz to $1,149/oz in Asian and early European trading this morning. Gold is currently trading at $1,147/oz and in euro and GBP terms, trading at €856/oz and £743/oz respectively.

READ MORE

Gold Edges Higher in Major Currencies on Debt and Inflation Concerns

GoldGold went up to $1,145/oz for a gain of over $10 early in New York but it then fell back off ending with a gain of 0.34%. It has range traded from $1,140/oz to $1,146/oz in Asian and early European trading this morning. Gold is currently trading at $1,143/oz and in euro and GBP terms, gold is trading at €851/oz and £742/oz respectively.

READ MORE

Gold Falls on Goldman Sachs Revelations; Icelandic Volcano Ramifications Assessed

Gold Gold fell 2% last Friday resulting in a loss of 2.1% for the week. The majority of the markets fell on the news regarding the SEC’s investigation of alleged fraud by Goldman Sachs. Oil and some other commodities were particularly hard hit. Gold has fallen below $1,130/oz in European trade this morning and could now fall to support at $1,110/oz.

READ MORE

Gold Consolidating in USD and Near Record Highs in EUR and GBP

Gold Gold went as low as $1,150/oz early in New York, it then rose to $1,161/oz before ending with a gain of 0.13%. It has range traded from $1,151/oz to $1,156/oz in Asian and European trading this morning. Gold is currently trading at $1,155/oz and in euro and GBP terms, gold is trading at €853/oz and £748/oz respectively. Gold rallied from below £745 to £749.60 per ounce overnight on UK hung parliament and economic concerns (see gold GBP chart below).

READ MORE

Gold Remains Near Record Sterling Price on UK Hung Parliament and Devaluation Concerns

Gold

READ MORE

Palladium Surges 8% in One Day to Test Long Term Resistance; Gold Short Term Correction?

Gold Gold fell to as low as $1,145/oz in New York, it then recovered to close with a loss of just 0.86% yesterday. It has risen from $1,153/oz to $1,160/oz in Asian and early European trading this morning. Gold is currently trading at $1,160/oz and in euro and GBP terms, gold is trading at €850/oz and £753/oz respectively.

READ MORE

Gold Breaks Resistance and Succumbs to Profit Taking

Gold Yesterday, gold jumped to $1,169/oz in Asia before falling in New York, it then recovered to close with a small gain of 0.11%. It range traded from $1,150/oz to $1,157/oz in Asian trading this morning. Gold is currently trading at $1,154/oz and in euro and GBP terms, it is trading at €847/oz and £750/oz respectively.

READ MORE

Gold Rallies to 2010 High in Dollars – 27 Year Record High in Yen in Tokyo

Gold Gold jumped to as high as $1,164.38/oz in New York on Friday, and rose 0.69% on the day and 3% on the week. It rallied sharply on the open in Asia (from $1,159/oz to over $1,169/oz) and has since range traded from $1,162/oz to $1,169/oz in Asian and early European trading this morning. Gold is currently trading at $1,164/oz and in euro and GBP terms, at €855/oz and £754/oz respectively.

READ MORE

Silver’s Surges 10% in 2 Weeks – Near Record in Euro Terms

Gold Gold climbed steadily to as high as $1,153.70/oz in New York before reverting slightly to close unchanged for the day. It has risen from $1,150/oz to $1,158/oz in Asian trading this morning. Gold is currently trading at $1,157/oz and in euro and GBP terms, gold is trading at €864/oz and £753/oz respectively. Gold and silver have given up some of their earlier gains as the dollar rose and then fell today.

READ MORE

Gold Firm on International Currency Crisis Risk

Gold Gold climbed steadily to as high as $1,153/oz in New York before reverting slightly to close with a gain of 1.56%. It has since range traded from $1,144/oz to $1,147/oz in Asian trading this morning. Gold is currently trading at $1,145/oz and in euro and GBP terms, gold is trading at €861/oz and £755/oz respectively.

READ MORE

Gold Rises to New Record Euro High – Greek Debt Crisis is Canary in Coal Mine

Gold Gold jumped to as high as $1,138/oz in New York before falling back to close with a gain of 0.16% yesterday. It has since range traded from $1,134/oz to $1,138/oz in Asian trading this morning. Gold is currently trading at $1,135/oz and in euro and GBP terms, gold has risen and is trading at €852/oz (new record nominal highs) and £744/oz respectively. Support is at $1,120/oz and resistance is at $1,145/oz. Given the gathering momentum in the gold market - a close above $1145/oz could see us rise to $1160/oz quite quickly.

READ MORE

Euro Gold Rises to New Record High on Renewed Greek Concerns

Gold Gold jumped to as high as $1,133/oz in New York before dropping slightly to close with a gain of 0.71% yesterday. It has since range traded from $1,124/oz to $1,130/oz in Asian trading this morning. Gold is currently trading at $1,125/oz and in euro and GBP terms, it is trading at €839/oz and £742/oz respectively. Gold priced in euros has risen to a new all-time high above €839 an ounce this morning due to renewed concerns about Greece’s fiscal position (see News below).

READ MORE

Q1 2010 – Gold +1.5% and Silver +3.5% – Gold’s Sixth Consecutive Quarterly Advance

Gold Gold jumped to as high as $1,118/oz in New York on the surprisingly poor jobs number before dropping slightly to close with a gain of 0.86%. It has since risen from $1,112/oz to $1,118/oz in Asian trading this morning. Gold is currently trading at $1,117/oz and in euro and GBP terms, gold is trading at €827/oz and £734/oz respectively.

READ MORE

Gold Set For Sixth Consecutive Quarterly Advance on Physical Demand?

Gold Gold fell to $1,101/oz in New York before recovering to close with a loss of 0.53%. It has since risen from $1,105/oz to $1,110/oz in Asian trading this morning. Gold is currently trading at $1,109/oz and in euro and GBP terms, gold is trading at €825/oz and £732/oz respectively. Gold looks set for a lower close for the month of March (some 1%) but a higher close for the quarter (see chart).

READ MORE

Gold Rises as Chinese Investment Demand to Double in “Exponential Growth”

Gold Gold closed at $1104.45/oz Friday night with a gain of 1.09% on the day in dollar terms, but a loss of 0.27% on the week. Prices were volatile this morning in Asian trading as gold surged in price to $1,114.60/oz prior to falling to $1,103/oz. Gold then gradually recovered in Asian trade and European trade as the dollar weakened. Gold is currently trading at $1,112.00/oz and €824.18/oz & £741.28/oz in EUR and GBP terms respectively.

READ MORE

Gold Rises after Option Expiry but May Close Lower on Week

Gold Gold in dollars closed last night at $1092.50/oz with a gain of 0.31% on the day. Gold continued its recovery in Asian trading this morning and is currently trading at $1,097.60/oz in dollars and €820.02/oz & £11.32/oz in EUR and GBP terms respectively. Equity markets in Asia welcomed the latest Greek deal but European indices are more tentative this morning. The euro has recovered from its recent 10 month lows against the dollar (had risen above 1.3400 by 1130 GMT) but remains under pressure versus some other currencies and gold.

READ MORE

Risk of Contagion Bolsters Gold’s Status as Currency Hedge

Gold Gold closed at $1089.10/oz last night, having lost 1.36% on the day in dollar terms. Gold recovered in Asian and early European trading this morning and at the moment is trading at $1,093.40/oz. In EUR and GBP terms, gold is trading at €819.21/oz and £730.74/oz respectively . Gold rose in euro terms due to the risk of contagion in the eurozone and remains near record (nominal) highs of €833.54/oz reached on the March 4th (see chart).

READ MORE

GoldCore Update: Euro Gold Up 0.45% as Euro Falls on Concerns over Greece and Portugal

Gold Gold closed at $1104.15/oz in New York, gaining 0.4% on the day; it also advanced in Asian trading this morning. Gold has fallen in USD terms and is currently trading at $1,094.62/oz and remains firm in EUR and GBP terms at €820.06/oz & £730.87/oz respectively.

READ MORE

GoldCore Update: Gold Recovers From Early Losses as Greek Drama Continues

Gold Gold closed at $1099.70/oz yesterday having lost 0.7%; it then recovered in Asian trading. Gold is currently trading at $1,102.80/oz, and in EUR and GBP terms €814.22/oz & £731.42/oz respectively. Gold has recovered somewhat from the weakness in Asian and early European trading and this may be due to the dollar giving up its earlier gains.

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