Gold Gold rallied as high as $1,083/oz early yesterday in US trading before dropping by $19 but it soon recovered to finish the day down marginally at $1,075.30/oz. It moved upwards to as high as $1,080/oz in Asian trading this morning and has held those gains in morning traded in Europe. Gold is currently trading at $1,078.00/oz and in euro and GBP terms, at €785/oz and £693/oz respectively. The fiscal challenges facing the UK and eurozone economies are seeing gold challenge resistances at £700/oz and €800/oz.
Gold Gold rose nearly 1% to close at $1,076.50/oz in US trading. It then range traded between $1,074/oz and $1,080/oz in Asian trading this morning. Gold is currently trading at $1,080.00/oz and in euro and GBP terms, gold is trading at €783/oz and £686/oz respectively.
Gold Gold rose some 1% in US trading yesterday to close at $1,065.30/oz. It then rallied to over $1,073/oz Asian trading before giving up some of those gains in European trading this morning. Gold is currently trading at $1,066.00/oz and in euro and GBP terms, gold is trading at €779/oz and £685/oz respectively. The Dow’s close below 10,000 yesterday will make market participants nervous especially from a technical perspective. However, world stock markets have not reacted overly negatively and are mixed this morning.
Gold Gold fell sharply yesterday and is trading at $1,052/oz. In Euro and GBP terms, gold is trading at €770/oz and £673/oz. Support for gold is currently seen at $1,025/oz to $1,030/oz and resistance at $1,115/oz.
Gold Gold fell 0.5% yesterday and is trading at $1,102/oz. In euro and GBP terms gold is trading at €797/oz and £696/oz. Support for gold is currently seen at $1,076/oz and resistance at $1,115/oz. Risk aversion is making a comeback in markets internationally which has seen equity markets in Asia and in Europe this morning come under pressure after yesterday’s falls on Wall Street. Gold has fallen slightly this morning on continuing strength in the dollar and weaker oil (on falling US demand).
Gold Gold (and silver) rose some 1% yesterday prior to range trading in the US yesterday from - $1,110/oz to $1,115/oz. It has moved upwards Asian trading so far this morning jumping from $1,113/oz to $1,124/oz. Gold is currently trading at $1,121.00/oz and in Euro and GBP terms, gold is trading at €802/oz and £700/oz respectively. The continuing problems in the Eurozone are seeing the gold rise in Euro terms and a weekly close above €800/oz will be very positive technically.
Gold Gold had a strong run in US trading yesterday closing above the psychological $1,100/oz at $1,103.60/oz. It moved sideways in Asian trading so far this morning prior to rising to $1,114/oz at the London AM Fix. Gold is currently trading at $1,114.50/oz and in euro and GBP terms, gold is trading at €794/oz and £694/oz respectively.
Gold Gold fell slightly on Friday to result in slight fall for the week and a slight fall for the month of January – gold was down 1.1% in January. Gold started the first week of February at $1,081/oz and rose to $1,084/oz in Asian trading. Gold is currently trading at $1,081.60/oz and in euro and GBP terms, gold is trading at €780/oz and £681/oz respectively.
Gold Gold slipped some 1% to $1,085.40/oz in US trading but then recovered to range trade from $1,085/oz to $1,091/oz in Asian trading. Gold is currently trading at $1,089.00/oz and in euro and GBP terms, gold is trading at €779/oz and £672/oz respectively. Obama's Populist Rhetoric Soothes Markets but Uncertainty Growing
Gold Gold rose slightly in US trading yesterday and rose in early trade in Asia prior to range trading between $1,092/oz and $1,098/oz overnight and this morning. Gold is currently trading at $1,096.40/oz (support at $1,075/oz) and in euro and GBP terms, gold is trading at €779.08/oz and £676.08/oz respectively.
Gold Gold closed higher in New York yesterday at $1,096.85/oz. It rose overnight in Asia to over $1,103/oz prior to giving up those gains and moving downward slowly. Gold is currently trading at $1,091.00/oz and in euro and GBP terms, gold is trading at €775/oz and £674/oz respectively.
Gold Gold is trading at $1,102/oz. In euro and GBP terms gold is trading at €777/oz and £682/oz. Support for gold is currently seen at $1,076/oz and resistance at $1,115/oz. Some calm has returned to markets in Europe after the sell off on Wall Street Friday and in Asia overnight.
Gold Gold fell a further 1% yesterday and is trading at $1,093.80/oz. In euro and GBP terms gold is trading at €774/oz and £673/oz. Support for gold is currently seen at $1,088/oz and resistance at $1,112/oz.
Gold Gold fell 2.2% yesterday and has fallen again in early London trading and is testing support at $1,100/oz. More significant support is at $1,080/oz and a close below that level could lead to a fall to stronger support at previous resistance at $1,030/oz. Gold is currently trading at $1,105.00/oz and in euro and GBP terms, gold is trading at €787/oz and £684/oz respectively. The possible insolvency of Greece with the attendant negative ramifications for the euro is seeing gold continually test the €800/oz mark.
Gold Gold rose 1% yesterday reaching 5-week highs and range traded between $1,151/oz and $1,158/oz overnight. It has dropped off slightly since but remains marginally higher in late morning trade in London. The poor jobs report last Friday has created investor uncertainty and has seen dollar weakness in the early part of the week leading to the firm gold price. Alcoa’s below consensus earnings have not soothed these jitters. Gold is currently trading at $1,152.00/oz and in euro and GBP terms, gold is trading at €796/oz and £716/oz respectively.
Gold Gold surged on the open in Asia and has range traded between $1,152/oz and $1,159/oz overnight and it has moved upwards in late morning London trading. Gold is currently trading at $1,157.00/oz and in euro and GBP terms, gold is trading at €796/oz and £717/oz respectively. $1,200/oz gold looks like it could be challenged again this week.
Gold Gold and silver rallied another 2% yesterday and gold reached as high as $1,140/oz overnight and has dropped slightly to rang trade between $1,134/oz and $1,131/oz. Gold is currently trading at $1,132.00/oz and in euro and GBP terms, gold is trading at €789/oz and £711/oz respectively.
Gold Gold rose again yesterday (marginally) and then dipped to $1,118.50/oz overnight and has recovered since. Gold is currently trading at $1,125.00/oz and in euro and GBP terms, gold has risen and is trading at €784/oz and £702/oz respectively. Gold is back above £700/oz as sterling has weakened on increasing concerns about the very large UK fiscal deficits. Gold priced in euro also remains robust as there are lingering concerns about the problems in Iceland but more importantly in Greece (not to mention Ireland and Spain).
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