Archive for: Gold markets

Recent Optimism Making Gold’s Safe Haven Properties Redundant

Recent Optimism Making Gold’s Safe Haven Properties Redundant

U.S. DOLLAR gold prices fell to a one-week low Monday morning in London, dropping to $1660 per ounce, as dealers in Asia reported quiet trading, with China celebrating the Lunar New Year holiday. “We are neutral [on gold] until the current... read more »

 

Futures Market Retreat Good for Gold in the Long Term, Spain Hit by Political Crisis

Futures Market Retreat Good for Gold in the Long Term, Spain Hit by Political Crisis

WHOLESALE MARKET gold prices hovered just below $1665 per ounce Monday morning in London, having failed to hold onto gains in earlier Asian trading, as stocks and commodities also ticked lower along with the Euro, which retreated from recent... read more »

 

End of an Era for Gold as S&P 500 Records Best January Since 1997

End of an Era for Gold as S&P 500 Records Best January Since 1997

THE U.S. DOLLAR gold price recovered some of its losses from the previous day Friday, edging higher to $1666 an ounce by the end of the morning in London, while most stock markets also edged higher ahead of US nonfarm payrolls data due out... read more »

 

US Dollar Experiencing A Terrible Ten Days

US Dollar Experiencing A Terrible Ten Days

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. The US Dollar (and, therefore, the US government) has experienced a terrible ten days: On January 23, the Republican-controlled House of Representatives temporarily... read more »

 

Safe Haven Assets Under Pressure: Gold & Silver Fall as Stock Markets Hit 5-Year Highs

Safe Haven Assets Under Pressure: Gold & Silver Fall as Stock Markets Hit 5-Year Highs

THE U.S. DOLLAR gold price extended its losses from last week Monday, dipping to a near-three-week low below $1655 per ounce during London’s morning trading, as stock markets ticked higher, with the FTSE 100 hitting its highest level... read more »

 

David Lisot on Fox Business News with Stuart Varney on the state of the Gold Market and the 1794 Dollar

David Lisot on Fox Business News with Stuart Varney on the state of the Gold Market and the 1794 Dollar

CoinWeek President David Lisot was a guest on the award winning Fox Business News show Varney & Company. David spoke with the shows Peabody Award winning host Stuart Varney about the state of gold investing, and tonight’s (Jan 24,... read more »

 

Gold Holding Steady as Chinese Demand Slows, Stronger Rupee

Gold Holding Steady as Chinese Demand Slows, Stronger Rupee

GOLD continued to hover near one-month highs above $1690 an ounce Wednesday morning, where it has spent most of this week, with dealers in India and China citing a slowdown in physical bullion demand. Silver climbed above $32.30 an ounce, a... read more »

 

Gold Cycle Could Turn This Year Says Goldman, Washington Politicians Will Keep Markets Nervous

Gold Cycle Could Turn This Year Says Goldman, Washington Politicians Will Keep Markets Nervous

THE DOLLAR gold price eased back below $1680 an ounce Wednesday morning, though it remained well within its trading range for the past month, while stock markets extended their losses for this week and US Treasuries gained. Silver hovered... read more »

 

Dealers Report Very Strong Gold Demand from China and India

Dealers Report Very Strong Gold Demand from China and India

WHOLESALE gold bullion prices ended Tuesday morning in London at $1655 per ounce, regaining ground lost yesterday to climb back to where it started the week, with dealers reporting signs of strong demand from India and China, the world’s... read more »

 

Despite Strong Track Record, Gold And Silver Are Not “Investments”

Despite Strong Track Record, Gold And Silver Are Not “Investments”

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. Many people consider the ownership of precious metals to be an investment.  They are not.  Still, compared to many investments, gold and silver have outstanding... read more »

 

Gold and Silver Gain Along with Stocks in Chaotic and Unsatisfactory Fiscal Deal

Gold and Silver Gain Along with Stocks in Chaotic and Unsatisfactory Fiscal Deal

SPOT MARKET gold prices started the year by touching a two-week high above $1680 per ounce Wednesday morning, as European stock markets also gained following news of a deal in Washington to avoid the so-called fiscal cliff. Gold in Euros and... read more »

 

The Coin Analyst: The Year in Precious Metals

The Coin Analyst: The Year in Precious Metals

by Louis Golino for CoinWeek …… In 2012 gold and silver prices were up for the year, but they failed to retrace the record levels of 2011. Silver outperformed for the year, achieving an increase of 9.4% compared to gold, which was up 6.6%. It... read more »

 

Massive, Open-Ended Stimulus Expected from Fed

Massive, Open-Ended Stimulus Expected from Fed

THE WHOLESALE gold price rose to $1712 an ounce Tuesday morning in London, a few Dollars above where they started the week, while stocks edged higher and US Treasury bonds fell ahead of tomorrow’s Federal Reserve policy decision. All-but-one... read more »

 

Gold Remains in Long Run Uptrend

Gold Remains in Long Run Uptrend

SPOT MARKET gold prices are more-or-less in line with where they were two weeks ago after failing to hold gains made during Asian trading. “Gold is still following its long term uptrend from 2008 lows,” say technical analysts at... read more »

 

Momentum in Gold Unlikely to Come Back Until New Year

Momentum in Gold Unlikely to Come Back Until New Year

FIRDAY morning saw the gold price drop below $1700 an ounce again, while stock markets, commodities and the Euro all fell ahead of the final US nonfarm payrolls release of 2012. Accrding to several sources the consensus forecast among analysts... read more »

 

Weakness in Gold Not Sustainable: China, Investors and Central Banks Buy on Dips

Weakness in Gold Not Sustainable: China, Investors and Central Banks Buy on Dips

SPOT MARKET prices to buy gold rose back above $1705 an ounce during Tuesday morning’s London session, though it remained below where it started the week following falls overnight, while stock markets also edged higher along with the... read more »

 

Exciting Week Ahead for Gold as Silver Hits 6-Week High

Exciting Week Ahead for Gold as Silver Hits 6-Week High

The DOLLAR PRICE of physical gold rose back to $1734 per ounce in London on Friday morning, nearing the top of the last 5 weeks’ trading range as so-called “risk assets” also crept higher. Asian and European stock markets were... read more »

 

Eurozone Enters Recession, Worldwide Gold Demand Down in Q3

Eurozone Enters Recession, Worldwide Gold Demand Down in Q3

THE DOLLAR gold price drifted lower to $1720 an ounce during Thursday morning’s London session, around ten Dollars down on the week, as stocks and the Euro also drifted lower following the release of weak economic growth data from the... read more »

 

Importers of Gold Digesting Higher Prices

Importers of Gold Digesting Higher Prices

SPOT MARKET gold prices hovered just below $1738 an ounce Monday morning in London, close to three-week highs, while stocks and commodities were broadly flat and the Euro traded near two-month lows against the Dollar, as the US and Greece both... read more »

 

Obama Win Means Loose Monetary Policy Will Stay

Obama Win Means Loose Monetary Policy Will Stay

SPOT PRICES for buying gold fell back to $1720 an ounce Wednesday morning in London, after hitting two-week highs following news of the re-election of Barack Obama as US president. “Gold is making significant gains on the back of a weak... read more »

 
 
 
 
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