Gold News

Gold Rises 1.1% On Safe Haven Demand As Stocks Fall After Poor U.S. Data

Today’s AM fix was USD 1,253.00, EUR 927.19 and GBP 766.83 per ounce. Yesterday’s AM fix was USD 1,246.50, EUR 922.58 and GBP 762.39 per ounce. Gold climbed $12.90 or 1.04% yesterday to $1,257.80/oz. Silver rose $0.19 or 0.99% to $19.35/oz. Gold is marginally higher for a third day and is consolidating on yesterday’s gains despite significant sell offs in stock markets overnight. The Nikkei was down 4.2% and the FTSE is off another 0.5% this morning.

READ MORE

Perth Mint and U.S. Mint See Higher January Gold Sales

Today’s AM fix was USD 1,246.50, EUR 922.58 and GBP 762.39 per ounce. Friday’s AM fix was USD 1,246.50, EUR 920.54 and GBP 757.34 per ounce. Gold rose $1.90 or 0.15% Friday to $1,244.90/oz. Silver fell $0.04 or 0.21% to $19.16/oz. Gold and silver were down 1.85% and 3.97% for the week. Gold is marginally lower in all major currencies today except sterling which has weakened due to concerns that the Bank of England will continue its ultra loose monetary policies. Gold ticked higher in Asia prior to price falls.

READ MORE

Gold In 2014: Scramble For Physical Gold As Price Manipulation Unravels?

Today’s AM fix was USD 1246.50, EUR 920.538 and GBP 757.336 per ounce. Yesterday’s AM fix was USD 1,254.00, EUR 922.20 and GBP 761.89 per ounce. Gold fell $26.80 or nearly 2% yesterday to $1,243.00/oz. Silver fell $0.58 or nearly 3% to $19.20/oz. Gold in USD - This Week

READ MORE

Faber: “Physical Gold” In Switzerland and Singapore Is 20% Of “Net Worth”

Today’s AM fix was USD 1,254.00, EUR 922.20 and GBP 761.89 per ounce.            Yesterday’s AM fix was USD 1,254.75, EUR 917.89 and GBP 756.42 per ounce. Gold climbed $15.70 or 1.25% yesterday to $1,269.80/oz. Silver rose $0.20 or 1.02% to $19.78/oz. Gold is marginally lower in most currencies today paring the first monthly advance since August. The gains yesterday came despite the U.S. Federal Reserve further reducing their massive bond buying programme to $65 billion a month.

READ MORE

RBS £8 Billion Loss Shows Risk In UK Banking System

Today’s AM fix was USD 1,254.75, EUR 917.89 and GBP 756.42 per ounce. Yesterday’s AM fix was USD 1,253.50, EUR 919.12 and GBP 757.04 per ounce. Gold fell $1.00 or 0.08% yesterday to $1,254.10/oz. Silver slipped $0.05 or 0.25% to $19.58/oz. Traders eagerly await news from the Fed’s policy announcement on Wednesday. The recent tapering of the central bank’s bond-buying program by $10 billion to $75 billion a month is already largely priced into the market.

READ MORE

Germany’s Central Bank Proposes “Wealth Tax” On Depositors

Today’s AM fix was USD 1,253.50, EUR 919.12 and GBP 757.04 per ounce. Yesterday’s AM fix was USD 1,270.00, EUR 927.82 and GBP 767.14 per ounce. Gold fell $13.30 or 1.05% on yesterday to $1,255.10/oz. Silver slipped $0.28 or 1.41% to $19.63/oz. Gold is marginally lower today in dollars but higher in yen and emerging market currencies. The fall in stock markets and in currency values in many emerging markets should support gold and is leading to an increase in demand for physical gold.

READ MORE

The Financial Times: Learn From German Central Bank and “Demand Physical Gold”

Today’s AM fix was USD 1,270.00, EUR 927.82 and GBP 767.14 per ounce. Friday’s AM fix was USD 1,259.25, EUR 920.44 and GBP 757.40 per ounce.   Gold rose $0.56 or 0% on Friday to $1,264.51/oz. Silver slipped 0.20 or 1% to $19.74/oz. Gold surged to its highest level in two months on the open in Asia overnight. Gold was steady at $1,268.60 late morning, after earlier hitting a two-month high of $1,278.01. Other precious metals also edged higher.

READ MORE

As Gold Flows From West To East Singapore Emerges As Global Storage Hub

Today’s AM fix was USD 1,259.25, EUR 920.44 and GBP 757.40 per ounce. Yesterday’s AM fix was USD 1,244.25, EUR 912.88 and GBP 749.91 per ounce.   Gold fell $28.14 or 2.3% to $1,264.20/oz. Silver slipped 0.31 or 1.6% to $20.04/oz. Gold has edged higher again today and is set for its fifth consecutive weekly higher close which is bullish from a technical and momentum perspective. Gold is 5.5% higher year to date.

READ MORE

China Reports Gold Reserves Unchanged Again at End 2013

Today’s AM fix was USD 1,244.25, EUR 912.88 and GBP 749.91 per ounce. Yesterday’s AM fix was USD 1,239.50, EUR 915.57 and GBP 749.67 per ounce.   Gold fell $5.81 or 0.4% to $1,235.80/oz. Silver slipped 0.12 or 0.6% to $19.73/oz. Gold prices rose today after the falls this week led to bargain hunting. Gold rose in price after CNBC reported that India's Congress President Sonia Gandhi has sought a lowering of import duty on gold.

READ MORE

Singapore’s Gold Fix Plan Is Still in Process – SBMA

Today’s AM fix was USD 1,239.50, EUR 915.57 and GBP 749.67 per ounce. Yesterday’s AM fix was USD 1,247.75, EUR 922.01 and GBP 758.93 per ounce. Yesterday, gold fell $10.10 or 0.8% to $1,241.80/oz. Silver slipped 0.44 or 2.2% to $19.82/oz. Gold fell to its lowest level in a week today. Singapore Bullion Market Association (SBMA) Secretary Albert Cheng told Bloomberg overnight that  Singapore's gold fix plan is still in process. Singapore is positioning itself as Asia’s global precious metals hub.

READ MORE

German Legislator Seeks Repatriation Of All The Bundesbank’s Gold

Today’s AM fix was USD 1,247.75, EUR 922.01 and GBP 758.93 per ounce. Yesterday’s AM fix was USD 1,254.75, EUR 925.88 and GBP 763.32 per ounce. Yesterday’s closing fix in London was USD 1,255.75, EUR 925.87 and GBP 764.11 per ounce. The U.S. markets were closed for a national holiday.

READ MORE

“I Am A Long-Term Consistent Buyer Of Gold …”

Today’s AM fix was USD 1,254.75, EUR 925.88 and GBP 763.32 per ounce. Friday’s AM fix was USD 1,241.00, EUR 912.63 and GBP 754.68 per ounce. Gold rose $10.02 or 0.8% Friday, closing at $1,252.11/oz. Silver rose $0.24 or 1.2% closing at $20.29/oz. Gold was up 0.5% for the week, its 4 consecutive weekly climb, in spite of a stronger dollar. This is positive from a technical and momentum perspective. For the week, silver rose 1.2 % to $20.29 an ounce. Today, the U.S. markets are closed for Martin Luther King Jr holiday.

READ MORE

Seven Key Gold Charts – “Bull Market Ahead”

Today’s AM fix was USD 1,241.00, EUR 912.63 and GBP 754.68 per ounce. Yesterday’s AM fix was USD 1,237.25, EUR 908.61 and GBP 757.19 per ounce. Gold climbed $1.90 yesterday, closing at $1,240/oz. Silver slipped $0.12 closing at $20.10/oz. Gold bars (1 oz) premiums are between 4.75% and 5.5% and are trading at $1,309.36. Gold bars (1 kilo) premiums are between 3% and 3.5% and are trading at $41,301.81. Premiums are steady.

READ MORE

COMEX Gold Stocks At Record Lows As SGE Volumes Surge 61%

Today’s AM fix was USD 1,237.25, EUR 908.61 and GBP 757.19 per ounce. Yesterday’s AM fix was USD 1,238.00, EUR 908.56 and GBP 753.91 per ounce. Gold fell $2.80 or 0.23% yesterday, closing at $1,240.60/oz. Silver slipped $0.04 or 0.2% closing at $20.15/oz. Gold prices are marginally lower again today in most currencies. Gold is more than 1% higher in Australian dollars after a very poor jobs number in Australia raised concerns about Australian asset bubbles and the Australian economy. The Aussie dollar has fallen by 4.4% against gold so far this year.

READ MORE

Faber Favours Physical Gold, Silver and Platinum To Bitcoin

Today’s AM fix was USD 1,238.00, EUR 908.56 and GBP 753.91 per ounce. Yesterday’s AM fix was USD 1,248.75, EUR 913.10 and GBP 760.97 per ounce. Gold fell $11.40 or 0.91% yesterday, closing at $1,243.20/oz. Silver slipped $0.26 or 1.27% closing at $20.19/oz. Platinum rose to a two-month high of $1,446.75 yesterday on concern that industrial unrest at the world’s three biggest platinum producers will weigh on output in South Africa, the biggest producing country.

READ MORE

Silver Coin Premiums Set To Climb On Reduced Supply

Today’s AM fix was USD 1,248.75, EUR 913.10 and GBP 760.97 per ounce. Yesterday’s AM fix was USD 1,246.00, EUR 911.89 and GBP 757.86 per ounce. Gold climbed $7.70 or 0.62% yesterday, closing at $1,254.80/oz. Silver rose $0.32 or 1.59% closing at $20.45/oz. Gold is marginally lower today but remains near its highest in a month. Safe haven buying has increased after a drop in equities globally due to concerns over the U.S. economy after a disappointing jobs report last week.

READ MORE

Gold Coin And Bar Shortages Likely To Lead To Rationing

Today’s AM fix was USD 1,246.00, EUR 911.89 and GBP 757.86 per ounce. Friday’s AM fix was USD 1,232.25, EUR 906.53 and GBP 750.78 per ounce. Gold climbed $18.70 or 1.52% Friday, closing at $1,247.10/oz. Silver rose $0.56 or 2.86% closing at $20.13/oz. Platinum climbed 14.85, or 1.1%, to $1,428.10/oz and palladium rose $5.99 or 0.8%, to $739.10/oz. Gold was up 0.87% and silver was down 0.15% for the week.

READ MORE

“Price Of Gold Crashes” – Diversify And Buy Gold For Long Term

Today’s AM fix was USD 1,232.25, EUR 906.53 and GBP 750.78 per ounce. Yesterday’s AM fix was USD 1,226.00, EUR 900.61 and GBP 744.97 per ounce. Gold climbed $3.50 or 0.29% yesterday, closing at $1,228.40/oz. Silver rose $0.01 or 0.05% closing at $19.57/oz. Platinum inched down $0.25 to $1,413.75/oz and palladium fell $0.25 to $733.25/oz. Gold is slightly higher today in all major currencies and up nearly 1% in sterling after the UK’s industrial and manufacturing production number was much worse than expected.

READ MORE

Royal Mint Runs Out of Sovereign Gold Coins on “Exceptional” Demand

Today’s AM fix was USD 1,226.00, EUR 900.61 and GBP 744.97 per ounce. Yesterday’s AM fix was USD 1,226.50, EUR 902.50 and GBP 747.37 per ounce.

READ MORE

Global Currency Reset, Amero, The Gold Silver Ratio and $150 Silver

Today’s AM fix was USD 1,226.50, EUR 902.50 and GBP 747.37 per ounce. Yesterday’s AM fix was USD 1,237.50, EUR 907.92 and GBP 754.44 per ounce. Gold fell $6.50 or 0.52% Yesterday, closing at $1,232.30/oz. Silver slipped $0.30 or 1.49% closing at $19.87/oz. Platinum dropped $3.01, or 0.2%, to $1,409.74/oz and palladium rose $3 or 0.4%, to $738.25/oz.

READ MORE
Category
Archives
Popular

No posts available