Published in Market Update  Precious Metals Update 


Silver Surges 21% in January - Silver Demand Is “Diminishing A Supply Surplus”

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.

Cross Currency Table – Bloomberg


Published in Market Update  Precious Metals Update 


Chinese 'Gold Rush' -Year of Dragon First Week Sees Record Sales– Up 49.7%

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.

Cross Currency Table - Bloomberg


Published in Market Update  Precious Metals Update 


Roubini's Bearish Forecast Is Bullish For Gold

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.


Published in Market Update  Precious Metals Update 


Continuing Negative Real Interest Rates Sees Gold Rise Above $1,700/oz

Gold’s London AM fix this morning was USD 1,713.00, GBP 1,091.10, and EUR 1,300.59 per ounce.

Yesterday's AM fix was USD 1,659.00, GBP 1,064.08, and EUR 1,277.04 per ounce.

Gold rose 2.5% yesterday and broke $1,700/oz to $1,712.80, its biggest one-day gain in the past 4 months, as the US Federal Reserve’s 11 out of 17 members voted that interest rates would likely remain near zero into late 2014.


Published in Market Update  Precious Metals Update 


IMF’s Grim Outlook to Davo’s Sunny Slopes – Gold Shines

Gold’s London AM fix this morning was USD 1,659.00, GBP 1,064.08, and EUR 1,277.04 per ounce.

Yesterday's AM fix was USD 1,669.00, GBP 1,072.69, and EUR 1,282.17 per ounce.

Gold edged up after an early dip on buying from jewellers in Asia this morning.  Prices are trading narrowly as investors await the outcome of the US Federal Reserve meeting with its decision on interest rates at 17:30 GMT. 


Published in Market Update  Precious Metals Update 


Japan Gold Buying on TOCOM Again Supports

Gold’s London AM fix this morning was USD 1,669.00, GBP 1,072.69, and EUR 1,282.17 per ounce.

Yesterday's AM fix was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce.

Cross Currency Table - Bloomberg


Published in Market Update  Precious Metals Update 


Currency Wars - Iran Banned From Trading Gold and Silver

Gold’s London AM fix this morning was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce.

Friday's AM fix was USD 1,646.00, GBP 1,064.68, and EUR 1,274.29 per ounce.

Cross Currency Table - Bloomberg


Published in Market Update  Precious Metals Update 


Gold Rises for Fourth Day - IMF $500 Billion Hopes Create Concerns

Gold’s London AM fix this morning was USD 1,664.00, GBP 1,076.53, and EUR 1,289.62 per ounce.

Yesterday's AM fix was USD 1,657.00, GBP 1,077.09, and EUR 1,290.80 per ounce.

Cross Currency Table - Bloomberg

Spot gold rose on Thursday in Asia and has consolidated on those gains on somewhat subdued trading conditions.


Published in Market Update  Precious Metals Update 


2012 Gold Estimates Lowered By Banks - But Remain Bullish

Gold’s London AM fix this morning was USD 1,657.00, GBP 1,077.09, and EUR 1,290.80 per ounce.

Yesterday's AM fix was USD 1,662.00, GBP 1,080.34, and EUR 1,299.76 per ounce.

Cross Currency Table – Bloomberg 


Published in Market Update  Precious Metals Update 


Global Gold Coin & Bar Demand Surges in 2011 - Thomson Reuters GFMS Annual Gold Survey

Gold’s London AM fix this morning was USD 1,662.00, GBP 1,080.34, and EUR 1,299.76 per ounce.

Yesterday's AM fix was USD 1,642.00, GBP 1,070.27, and EUR 1,281.71 per ounce.

Cross Currency Table – Bloomberg


Published in Market Update  Precious Metals Update 


Gold Nears €1,300/oz - Euro Lower After EU Downgrades and Greece Jitters

Gold’s London AM fix this morning was USD 1,643.50, GBP 1,074.60, and EUR 1,298.90 per ounce.

Friday's AM fix was USD 1,642.00, GBP 1,070.27, and EUR 1,281.71 per ounce.

Spot gold is again above the 200 day moving average near $1,638/oz. Gold prices have rallied 5% so far in 2012, with the eurozone debt crisis and the growing tension between Iran and the west supporting gold's safe haven status.


Published in Market Update  Precious Metals Update 


Gold Bar Premiums In Asia Rising Again On Physical Demand

Gold’s London AM fix this morning was USD 1,652.50, GBP 1,077.11, and EUR 1,296.18 per ounce.

Yesterday's AM fix was USD 1,641.00, GBP 1,063.51, and EUR 1,286.25 per ounce.


Published in Market Update  Precious Metals Update 


China's Gold Imports From Hong Kong Surge to Highest Ever‎ - PBOC Buying?

Gold’s London AM fix this morning was USD 1,641.00, GBP 1,063.51, and EUR 1,286.25 per ounce.

Yesterday's AM fix was USD 1,627.00, GBP 1,051.91, and EUR 1,271.49 per ounce.

Cross Currency Table

Demand for gold bullion in China continues to surge.


Published in Market Update  Precious Metals Update 


Gold in 2012 to Average $2,050/oz and Will Reach $2,500/oz - UBS

Gold’s London AM fix this morning was USD 1,627.00, GBP 1,051.91, and EUR 1,271.49 per ounce.

Yesterday's AM fix was USD 1,618.00, GBP 1,047.38, and EUR 1,266.54 per ounce.

Cross Currency Table


Published in Market Update  Precious Metals Update 


Year of Dragon on Shanghai Gold Exchange Sees 2nd, 3rd Highest Volume on Record

Gold’s London AM fix this morning was USD 1,618.00, GBP 1,047.38, and EUR 1,266.54 per ounce.

Yesterday's AM fix was USD 1,621.00, GBP 1,045.67, and EUR 1,045.67 per ounce.

Cross Currency Table


Published in Market Update  Precious Metals Update 


Euro, Iran and Asian New Year Buying Fuels Gold

Gold is trading at USD 1,612.90, EUR 1,256.10, GBP 1,037.30, CHF 1,530.40, JPY 123,934 and AUD 1,573. per ounce.

Gold’s London AM fix this morning was USD 1,614.50, GBP 1,038.33, and EUR 1,256.32 per ounce.

Yesterday's AM fix was USD 1,603.00, GBP 1,024.28, and EUR 1,229.96 per ounce.

Cross Currency Rates


Published in Market Update  Precious Metals Update 


Gold's London AM Fix Prices

Gold’s London AM fix this morning was USD 1,603.00, GBP 1,024.28, and EUR 1,229.96 per ounce.

Yesterday's AM fix was USD 1,590.00, GBP 1,019.95, and EUR 1,221.20 per ounce.

 

Published in Market Update  Precious Metals Update 


Gold's London AM Fix Prices

Gold’s London AM fix this morning was USD 1,590.00.00, GBP 1,019.95, and EUR 1,221.20 per ounce.