18 June, 2013

Published in Market Updates  Precious Metals Update 


Platinum 'Supply Squeeze' Likely To Lead to Record Prices

Today’s AM fix was USD 1,378.50, EUR 1,030.35 and GBP 880.32 per ounce.  Yesterday’s AM fix was USD 1,386.00, EUR 1,038.59 and GBP 881.79 per ounce.

Gold was little changed on Tuesday as investors awaited guidance from a Federal Reserve meeting on the outlook for the bank's still incredibly ultra loose stimulus programme, amid mixed U.S. economic data.

Uncertainty about the tenure of Federal Reserve Chairman Bernanke and the possibility of his early retirement may lead to increased risk aversion which will support gold.

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17 June, 2013

Published in Market Update  Precious Metals 


Gold Demand Extraordinary In Vietnam – Paying $217 Premium Over Spot

Today’s AM fix was USD 1,386.00, EUR 1,038.59 and GBP 881.79 per ounce. Friday’s AM fix was USD 1,379.75, EUR 1,035.54 and GBP 882.76 per ounce.

Gold climbed to $1391.50/oz on Friday, its first close above $1390/oz in four weeks and silver climbed 1.2 percent to $22.07 an ounce.

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14 June, 2013

Published in Market Update  Precious Metals 


HSBC’s Respected Steel Says Gold Over $1,600/oz In 2013

Today’s AM fix was USD 1,379.75, EUR 1,035.54 and GBP 882.76 per ounce. Yesterday’s AM fix was USD 1,386.25, EUR 1,039.71 and GBP 885.33 per ounce.

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13 June, 2013

Published in Market Update  Precious Metals 


U.S. Mint June Silver Coin Sales At 4,651,429 Ounces – Record 2013 Likely

Today’s AM fix was USD 1,386.25, EUR 1,039.71 and GBP 885.33 per ounce. Yesterday’s AM fix was USD 1,377.25, EUR 1,036.77 and GBP 878.40 per ounce.

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12 June, 2013

Published in Market Update  Precious Metals 


Banks Rig $4.7 Trillion A Day Currency Markets To Profit Off Clients

Today’s AM fix was USD 1,377.25, EUR 1,036.77 and GBP 878.40 per ounce. Yesterday’s AM fix was USD 1,369.50, EUR 1,031.10 and GBP 880.93 per ounce.

Gold fell $6.70 or 0.48% yesterday to $1,378.70/oz and silver slid to $21.49 and finished down 1.19%.

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11 June, 2013

Published in Market Update  Precious Metals Update 


Gold In Euros, Yen And Aussie Dollars May Outperform

Today’s AM fix was USD 1,369.50, EUR 1,031.10 and GBP 880.93 per ounce. Yesterday’s AM fix was USD 1,376.75, EUR 1,041.89 and GBP 887.37 per ounce.

Gold rose $6.70 or 0.49% yesterday to $1,385.40/oz and silver surged to a high of $22.083 and finished with a gain of 1.58%.

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10 June, 2013

Published in Market Update  Precious Metals 


Royal Mint: Demand Surge Continuing In June After Demand Trebled In April

Today’s AM fix was USD 1,376.75, EUR 1,041.89 and GBP 887.37 per ounce. Friday’s AM fix was USD 1,410.00, EUR 1,065.12 and GBP 905.53 per ounce.

Gold fell $33.30 or 2.36% on Friday to $1,378.70/oz and silver slid to a low of $21.56 and finished down 4.89%. Gold was down 0.45% and silver fell 2.75% last week.

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7 June, 2013

Published in Market Update  Precious Metals 


France Prohibits Sending Currency, “Coins And Precious Metals” By Mail

Today’s AM fix was USD 1,410.00, EUR 1,065.12 and GBP 905.53 per ounce. Yesterday’s AM fix was USD 1,399.50, EUR 1,066.69 and GBP 906.12 per ounce.

Gold climbed $9.90 or 0.71% yesterday to $1,412.00/oz and silver’s gained 0.71%.

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6 June, 2013

Published in Market Update  Precious Metals 


India Should Monetise 20,000 Metric Tonnes Of Gold

Today’s AM fix was USD 1,399.50, EUR 1,066.69 and GBP 906.12 per ounce. Yesterday’s AM fix was USD 1,396.50, EUR 1,068.89 and GBP 909.42 per ounce.

Gold gained $3.90 or 0.28% yesterday to $1,402.10/oz and silver finished down 0.09%.

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5 June, 2013

Published in Market Update  Precious Metals 


Gold Production May Plunge After Price Fall Supporting Gold

Today’s AM fix was USD 1,396.50, EUR 1,068.89 and GBP 909.42 per ounce. Yesterday’s AM fix was USD 1,405.25, EUR 1,074.68 and GBP 918.64 per ounce.

Gold fell $13.80 or 0.98% yesterday to $1,398.20/oz and silver slid to $22.28 and lost 0.92%.

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4 June, 2013

Published in Market Update  Precious Metals 


Gold Premium Surges In China - Wise ‘Aunties’ And Wealthy Buying

Today’s AM fix was USD 1,405.25, EUR 1,074.68 and GBP 918.64 per ounce. Yesterday’s AM fix was USD 1,396.75, EUR 1,072.61 and GBP 915.00per ounce.

Gold climbed $27.10 or 1.96% yesterday to $1,412.00/oz and silver also gained 2.57%.

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31 May, 2013

Published in Market Update  Precious Metals 


All Time Record Gold Transactions Reported By LBMA

Today’s AM fix was USD 1,410.25, EUR 1,085.98 and GBP 926.94 per ounce. Yesterday’s AM fix was USD 1,406.25, EUR 1,083.90 and GBP 926.75 per ounce.

Gold climbed $19.00 or 1.36% yesterday to $1,413.80/oz and silver also gained 1.25%.

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30 May, 2013

Published in Market Update  Precious Metals 


Gold Bar “Supply Constraints” In Singapore Sees Record Premiums

Today’s AM fix was USD 1,406.25, EUR 1,083.90 and GBP 926.75 per ounce. Yesterday’s AM fix was USD 1,384.50, EUR 1,074.01 and GBP 919.14 per ounce.

Gold gained $13.80 or 1% yesterday to $1,394.80/oz and silver also finished up 0.72%.

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29 May, 2013

Published in Market Update  Precious Metals 


Singapore and Indian Brokers Sold Out; Shanghai Gold Volumes Surge 55%

Today’s AM fix was USD 1,384.50, EUR 1,074.01 and GBP 919.14 per ounce. Yesterday’s AM fix was USD 1,379.00, EUR 1,067.42 and GBP 913.43 per ounce.

Gold fell $13.70 or 0.98% yesterday to $1,381.00/oz and silver finished down 1.59%.

Gold edged higher today supported by strong physical demand internationally and especially in Asia.

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28 May, 2013

Published in Market Update  Precious Metals 


Belgian Central Bank Says 25 Tons Or 10% of Gold Reserves on Loan

Today’s AM fix was USD 1,379.00, EUR 1,067.42 and GBP 913.43 per ounce. Friday’s AM fix was USD 1,385.25, EUR 1,068.95 and GBP 917.81 per ounce.

Yesterday a national holiday was observed in both the United Kingdom and the USA.

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27 May, 2013

Published in Market Update  Precious Metals 


Russia, Greece, Turkey, Other Central Banks Buy Gold; China’s PBOC Buying?

   Today is a national holiday in the United Kingdom and the USA.  Friday’s AM fix was USD 1,385.25, EUR 1,068.95 and GBP 917.81 per ounce. 

Gold climbed $5 on Friday and closed at $1,390.25/oz in London and silver closed at 22.482 in NY. 

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24 May, 2013

Published in Market Update  Precious Metals 


Gold ETF Sales Dwarfed By Central Bank, Jewellery, Coin and Bar Demand

Today’s AM fix was USD 1,385.25, EUR 1,068.95 and GBP 917.81 per ounce.   Yesterday’s AM fix was USD 1,386.00, EUR 1,074.92 and GBP 919.16 per ounce. 

Gold climbed $24.80 or 1.78% yesterday to $1,392.00/oz and silver finished up 0.16%. 

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23 May, 2013

Published in Market Update  Precious Metals 


Gold Up 1.5% As Stocks Globally Fall After Nikkei Crashes 7.3%

Today’s AM fix was USD 1,386.00, EUR 1,074.92 and GBP 919.16 per ounce.   Yesterday’s AM fix was USD 1,385.25, EUR 1,071.43 and GBP 917.75 per ounce. 

Gold fell $10.20 or 0.74% yesterday to $1,367.60/oz and silver finished up 0.07%. 

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22 May, 2013

Published in Market Update  Precious Metals 


China Platinum Imports Rise – Bullish Platinum and Palladium Fundamentals

Today’s AM fix was USD 1,385.25, EUR 1,071.43 and GBP 917.75 per ounce.   Yesterday’s AM fix was USD 1,378.75, EUR 1,070.21 and GBP 908.39 per ounce. 

Gold fell $6.50 or 0.47% yesterday to $1,377.80/oz and silver finished down 0.56%. 

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21 May, 2013

Published in Market Update  Precious Metals 


Silver Recoups Sharp Loss And Rises 2% On Record Volume

Today’s AM fix was USD 1,378.75, EUR 1,070.21 and GBP 908.39 per ounce.   Yesterday’s AM fix was USD 1,353.75, EUR 1,051.95 and GBP 890.86 per ounce. 

Gold climbed $19.40 or 1.43% yesterday to $1,384.30/oz and silver finished 2% higher. 

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