Published in Market Update  Precious Metals Update 


SILVER SURGES 4.5% TO OVER $37/OZ ON “MASSIVE FUND BUYING”

Gold’s London AM fix this morning was USD 1,788.00, EUR 1,329.96, and GBP 1,120.79 per ounce..

Yesterday's AM fix was USD 1,774.75, EUR 1,321.48, and GBP 1,120.42 per ounce.

Cross Currency Table – (Bloomberg)


Published in Market Update  Precious Metals Update 


Chatham House: Gold Standard Impractical But Gold Hedge Against Declining Values of Key Fiat Currencies

Gold’s London AM fix this morning was USD 1,774.75, EUR 1,321.48, and GBP 1,120.42 per ounce.

Yesterday's AM fix was USD 1,765.00, EUR 1,316.18, and GBP 1,113.28 per ounce.

Cross Currency Table – (Bloomberg)


Published in Market Update  Precious Metals Update 


Riksbank Denies IMF Data Showing Sweden Gold Reserves Up Sharp 18.3 Tons in January

Gold’s London AM fix this morning was USD 1,765.00, EUR 1,316.18, and GBP 1,113.28 per ounce.

Friday's AM fix was USD 1,778.50, EUR 1,328.23, and GBP 1,125.412 per ounce.

Currency Table – (Bloomberg)


Published in Market Updates  Precious Metals Update 


'Gold Bullion or Cash' Shows Buffett, Roubini, Krugman Mistaken; Faber, Rogers, Bass, Einhorn, Gross Correct

Gold’s London AM fix this morning was 1,778.50 USD, 1,328.230 EUR, and 1,125.419 GBP per ounce.

Yesterday's AM fix was USD 1,754.75, EUR 1,325.04, and GBP 1,116.32 per ounce. 

Spot gold hit a 3 month high of $1,787.55/oz yesterday rising gradually for the fourth day in a row. Gold closes in New York at $1,778/oz and has consolidated in Asia and early European trading.


Published in Market Update  Precious Metals Update 


Greece’s Lenders Have The Right To Seize National Gold Reserves

Gold’s London AM fix this morning was USD 1,776.50, EUR 1,334.41, and GBP 1,130.45 per ounce.

Yesterday's AM fix was USD 1,754.75, EUR 1,325.04, and GBP 1,116.32 per ounce. 

Spot gold hit a 3 month high of $1,781.40/oz yesterday rising for the third day in a row.  Gold has consolidated on those gains in Asia and Europe.


Published in Media Release 


MEDIA RELEASE - 'GOLD BULLION OR CASH' VIDEO LAUNCHED TODAY - SHOWS WHY GOLD IS SAFER THAN CASH IN THE LONG TERM

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


Published in Gold  Video 


'GOLD BULLION OR CASH VIDEO LAUNCHED TODAY' - SHOWS WHY GOLD IS SAFER THAN CASH IN THE LONG TERM

'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. 


Published in Market Update  Precious Metals Update 


Greece Debt Deal: "Kicking Giant Beer Keg Down Road Risks Destroying The Road"

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. 


Published in Market Update  Precious Metals Update 


Oil and Gold Surge 1% on Open in Asia - Iran "Military Action Likely"

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.

Cross Currency Table - (Bloomberg)


Published in Market Updates  Precious Metals Update 


Gold Testing Support At $1,700 And Gains in XAU and HUI Are Positive

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.


Published in Market Update  Precious Metals Update 


Global Gold Demand in 2011 Rises 0.4% To $200 Billion - Central Banks, Asia and Europe Diversifying Into Gold

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.


Published in Market Update  Precious Metals Update 


PIMCO, Texas Teacher Retirement System, Soros Buy GLD; Paulson Sells

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.

Currency Ranked Returns – (Bloomberg) 


Published in Market Update  Precious Metals Update 


Inevitable US, UK, Japan, Euro Downgrades Lead to Further Currency Debasement And Safe Haven Gold Demand

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.

Cross Currency Table – (Bloomberg)


Published in Market Update  Precious Metals Update 


Asia Buying Gold On Dips - “Empires May Fall, Currencies May Change... Gold Will Always Survive”

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.

Cross Currency Table – (Bloomberg)


Published in Market Update  Precious Metals Update 


Buffett Says "Right To Be Fearful" of "Paper Money" - Favours Stocks Over Cash, Bonds and Gold

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.


Published in Market Update  Precious Metals Update 


Gold Will Advance to $2,500 If Euro Zone Breaks Up - Capital Economics

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.

Cross Currency Table – Bloomberg


Published in Market Update  Precious Metals Update 


Gold Increased In Value In Both Extreme Inflationary and Deflationary Scenarios (1900-2011) - Credit Suisse & LBS Research

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.

Cross Currency Table – Bloomberg


Published in Market Update  Precious Metals Update 


Fed's Record Setting Money Supply Splurge Spurs Gold's Rally

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.

Cross Currency Rates – Bloomberg


Published in Market Update  Precious Metals Update 


Stocks and Euro Fall (€1,315/oz) As Possible Greek Default Looms

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.


Published in Market Update  Precious Metals Update 


Research: US Mint Gold Coin Sales for January - Signal Return to Fundamental Driven Demand?

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.