22 February, 2012
MEDIA RELEASE - 22 FEBRUARY, 2012 For Immediate Release
'GOLD BULLION OR CASH’ VIDEO LAUNCHED TODAY - SHOWS WHY GOLD IS SAFER THAN CASH IN THE LONG TERM
* Gold's importance in the uncertain world of today explained
* Gold's extreme rarity, liquidity & safe haven and currency status explained
* Importance of gold in context of the European, US and global debt crisis
* The ‘gold bubble’ and the many gold myths and misconceptions are looked at
22 February, 2012
'Gold Bullion Or Cash' has been launched today. It is an interesting and informative video made to educate people about gold bullion and why gold is safer than cash in the long term.
'Gold Bullion Or Cash' is a well produced, high quality, educational short video about paper money and gold.
21 February, 2012
Gold’s London AM fix this morning was USD 1,737.00, EUR 1,313.12, and GBP 1,097.98 per ounce.
Yesterday's AM fix was USD 1,729.50, EUR 1,307.36, and GBP 1,090.82 per ounce.
Gold rose to its highest in a week today after euro zone policymakers sealed an agreement for a second debt deal with Greece. Gold remained flat at $1,736/oz in Asian trading after the deal was reached but then saw some buying which saw gold quickly rise to $1,740/oz and then creep up to over $1,743/oz.
20 February, 2012
Gold’s London AM fix this morning was USD 1,729.50, EUR 1,307.36, and GBP 1,090.82 per ounce.
Friday's AM fix was USD 1,732, EUR 1,316.51, and GBP 1,093.09 per ounce.
17 February, 2012
Gold’s London AM fix this morning was USD 1,732, EUR 1,316.51, and GBP 1,093.09 per ounce.
Yesterday's AM fix was USD 1,716, EUR 1,320.51, and GBP 1,094.74 per ounce.
16 February, 2012
Gold’s London AM fix this morning was USD 1,716.00, EUR 1,320.51, and GBP 1,094.74 per ounce.
Yesterday's AM fix was USD 1,725.50, EUR 1,309.88, and GBP 1,099.33 per ounce.
The World Gold Council released its comprehensive report today, “Gold Demand Trends Q4 and Full Year 2011” looking at demand in gold demand in full year 2011 and the 4th quarter of 2011.
15 February, 2012
Gold’s London AM fix this morning was USD 1,725.50, EUR 1,309.88, and GBP 1,099.33 per ounce.
Yesterday's AM fix was USD 1,721.00, EUR 1,303.10, and GBP 1,091.80 per ounce.
14 February, 2012
Gold’s London AM fix this morning was USD 1,721.00, EUR 1,303.10, and GBP 1,091.80 per ounce.
Yesterday's AM fix was USD 1,727.00, EUR 1,302.22, and GBP 1,093.17 per ounce.
13 February, 2012
Gold’s London AM fix this morning was USD 1,727.00, EUR 1,302.22, and GBP 1,093.17 per ounce.
Friday's AM fix was USD 1,715.50, EUR 1,295.21, and GBP 1,084.25 per ounce.
10 February, 2012
Gold’s London AM fix this morning was USD 1,715.50, EUR 1,295.21, and GBP 1,084.25 per ounce.
Yesterday's AM fix was USD 1,733.00, EUR 1,304.77, and GBP 1,094.20 per ounce.
The pattern of gold trading higher in Asia and falling just before or at the open in Europe continued again today. Gold ticked a little higher in Asian trade prior to sharp falls before the open at 0800 GMT when gold fell quickly fell from $1,729/oz to $1,715/oz.
9 February, 2012
Gold’s London AM fix this morning was USD 1,733.00, EUR 1,304.77, and GBP 1,094.20 per ounce.
Yesterday's AM fix was USD 1,743.00, EUR 1,315.17, and GBP 1,095.95 per ounce.
8 February, 2012
Gold’s London AM fix this morning was USD 1,743.00, EUR 1,315.17, and GBP 1,095.95 per ounce.
Yesterday's AM fix was USD 1,720.00, EUR 1,308.98, and GBP 1,087.56 per ounce.
7 February, 2012
Gold’s London AM fix this morning was USD 1,720.00, EUR 1,308.98, and GBP 1,087.56 per ounce.
Yesterday's AM fix was USD 1,717.00, EUR 1,315.31, and GBP 1,090.85 per ounce.
6 February, 2012
Gold’s London AM fix this morning was USD 1,717.00, EUR 1,315.31, and GBP 1,090.85 per ounce.
Friday's AM fix was USD 1759.50, EUR 1,335.48, and GBP 1,110.66 per ounce.
Gold has followed the now familiar trading pattern of gains in Asia followed by weakness in Europe. While gold has fallen and is weaker in most currencies gold remains higher in euro terms due to euro weakness on the concern of a Greek default.
3 February, 2012
Gold’s London AM fix this morning was USD 1759.50, EUR 1,335.48, and GBP 1,110.66 per ounce.
Yesterday's AM fix was USD 1,747.50, EUR 1,326.68, and GBP 1,102.80 per ounce.
Gold prices hit their highest since mid-November this morning as signals that U.S. monetary policy will remain ultra loose increased investor appetite for bullion.
2 February, 2012
Gold’s London AM fix this morning was USD 1,747.50, EUR 1,326.68, and GBP 1,102.80 per ounce. Yesterday's AM fix was USD 1,744, EUR 1,327.65, and GBP 1,106.74 per ounce.
Cross Currency Table - Bloomberg
Gold has seen quite volatile up and down trading in Asia and Europe but within a narrow $10 band.
1 February, 2012
Gold’s London AM fix this morning was USD 1,744, GBP 1,106.74, and EUR 1,327.65 per ounce.
Yesterday's AM fix was USD 1,738.00, GBP 1,102.23, and EUR 1,317.27 per ounce.
Gold consolidated on yesterdays gain in Asia overnight and then rose in early European trading from below $1,735/oz to $1,748.60/oz. A break above resistance at $1,750/oz could see gold quickly challenge $1,800/oz. However, there is also the possibility of a correction after the large gains seen in January.
January 2012 - Gold, Silver, Currency and Asset Performance Review
31 January, 2012
Gold’s London AM fix this morning was USD 1,738.00, GBP 1,102.23, and EUR 1,317.27 per ounce.
Yesterday's AM fix was USD 1,720.50, GBP 1,097.40, and EUR 1,310.06 per ounce.
30 January, 2012
Gold’s London AM fix this morning was USD 1,720.50, GBP 1,097.40, and EUR 1,310.06 per ounce.
Friday's AM fix was USD 1,722.00, GBP 1,095.98, and EUR 1,310.30 per ounce.
27 January, 2012
Gold’s London AM fix this morning was USD 1,722.00, GBP 1,095.98, and EUR 1,310.30 per ounce.
Yesterday's AM fix was USD 1,713.00, GBP 1,091.10, and EUR 1,300.59 per ounce.
In Asia this morning gold fell from its seven week high as traders took profits ahead of US Gross Domestic Product data to be released later today (1.30GMT). Gold investors were happy with the Fed's decision to keep interest rates low, but now the focus will again be on the eurozone and hopes for a solution to Greece's debt debacle.
