Published in Market Updates  Precious Metals Update 


Gold Rises and Silver Surges In Q1 2012 - Fiat Currency Devaluation Continues

Gold’s London AM fix this morning was USD 1,660.75, EUR 1,245.31, and GBP 1,038.68 per ounce.

Yesterday's AM fix was USD 1,655.75, EUR 1,245.86 and GBP 1,041.22 per ounce.

Gold fell $3.00/oz or 0.18% in New York yesterday and closed at $1,660.10/oz. Gold traded sideways in Asia prior to seeing a slight climb to $1,665.55/oz in late Asian trading and is now trading in Europe near $1,662.65/oz.


Published in Market Update  Precious Metals Update 


Iran Oil Flow Slows, Price Fears Rise – Risk of War to Support Gold

Gold’s London AM fix this morning was USD 1,655.75, EUR 1,245.86, and GBP 1,041.22 per ounce. Yesterday's AM fix was USD 1,677.00, EUR 1,255.62 and GBP 1,052.00 per ounce.

Silver is trading at $31.84/oz, €23.97/oz and £20.05/oz. Platinum is trading at $1,630.20/oz, palladium at $639./oz and rhodium at $1,350/oz. 


Published in Market Update  Precious Metals Update 


Goldman Gold Bullish: $1785/oz in 3 Months; $1,840/oz in 6 Months and $1,940/oz in 12 Months

Gold’s London AM fix this morning was USD 1,677.00, EUR 1,255.62, and GBP 1,052.00 per ounce. Yesterday's AM fix was USD 1,694.00, EUR 1,266.54 and GBP 1,059.55 per ounce.

Silver is trading at $32.51/oz, €24.36/oz and £20.42/oz. Platinum is trading at $1,630.50/oz, palladium at $644./oz and rhodium at $1,425/oz. 


Published in Market Update  Precious Metals Update 


Gold Nears $1,700/oz After Bernanke QE Hints, OECD $1.3 Trillion Eurozone ‘Firewall’ and Despite Indian Gold Strike

Gold’s London AM fix this morning was USD 1,694.00, EUR 1,266.54, and GBP 1,059.55 per ounce. Yesterday's AM fix was USD 1,658.00, EUR 1,255.02 and GBP 1,047.91 per ounce.

Silver is trading at $33.07/oz, €24.77/oz and £20.72/oz. Platinum is trading at $1,656.75/oz, palladium at $660./oz and rhodium at $1,425/oz. 

Gold rose 1.76% in New York yesterday and closed at $1,693.47/oz. Gold traded sideways during Asian trading and then buying in Europe drove it to over $1,696/oz.


Published in Market Updates  Precious Metals Update 


Gold Bar (1 Kilo) Filled With Tungsten Found in UK

Gold’s London AM fix this morning was USD 1,658.00, EUR 1,255.02, and GBP 1,047.91 per ounce.

Friday's AM fix was USD 1,651.00, EUR 1,246.04 and GBP 1,040.85 per ounce.

Gold rose 1.23% in New York on Friday and closed at $1,666.22/oz. Gold rose sharply at the open in Asia before determined selling at the $1,670/oz level saw gold fall. Weakness continued at the open in Europe which has gold now trading at $ 1,657.80/oz.


Published in Market Update  Precious Metals Update 


Gold in Q2 +15% To $1,850/oz On Inflation and Currency Debasement - BARCAP

Gold’s London AM fix this morning was USD 1,651.00, EUR 1,246.04, and GBP 1,040.85 per ounce. Yesterday's AM fix was USD 1,636.00, EUR 1,243.16 and GBP 1,035.97 per ounce.

Silver is trading at $31.65/oz, €23.92/oz and £19.99/oz.Platinum is trading at $1,617.00/oz, palladium at $649./oz and rhodium at $1,425/oz. 

Gold fell  0.41% or $6.80 in New York yesterday and closed at $1,642.50/oz. Gold traded sideways in Asia overnight and rose in European trading which has gold now trading at $1,650.89/oz.


Published in Market Update  Precious Metals Update 


"Buy This Gold Dip" As $2,000/oz Possible - Thomson Reuters GFMS

Gold’s London AM fix this morning was USD 1,636.00, EUR 1,243.16, and GBP 1,035.97 per ounce. Yesterday's AM fix was USD 1,656.00, EUR 1,248.21 and GBP 1,042.95 per ounce.

Silver is trading at $31.80/oz, €24.17/oz and £20.14/oz. Platinum is trading at $1,617.50/oz, palladium at $669.75/oz and rhodium at $1,425/oz. 


Published in Market Update  Precious Metals Update 


Gold Market Sentiment Very Poor Despite Strong Fundamentals

Gold’s London AM fix this morning was USD 1,656.00, EUR 1,248.21, and GBP 1,042.95 per ounce.

Yesterday's AM fix was USD 1,648.50, EUR 1,248.86 and GBP 1,039.01 per ounce.

Cross Currency Table – (Bloomberg)


Published in Market Update  Precious Metals Update 


SocGen: “Sharp” Gold Rally As US GDP Surprises “Dramatically” to Downside

Gold’s London AM fix this morning was USD 1,648.50, EUR 1,248.86, and GBP 1,039.01 per ounce.

Yesterday's AM fix was USD 1,654.00, EUR 1,256.93 and GBP 1,044.26 per ounce.

Cross Currency Table – (Bloomberg)


Published in Market Update  Precious Metals Update 


India Doubles Customs Duty on Gold Bullion, Central Banks buy on Dip

Gold’s London AM fix this morning was USD 1,649.00, EUR 1,263.02, and GBP 1,049.05 per ounce.

Yesterday's AM fix was USD 1,646.75, EUR 1,262.26and GBP 1,052.57 per ounce.

Gold closed in New York yesterday at $1,657.30/oz. Gold tumbled in Asia and its low hit $1,645.86/oz and high $1,664.71/oz and is now trading in Europe at $1,646.73/oz.


Published in Market Update  Precious Metals Update 


South African Gold Production Dives Again To 90 Year Lows

Gold’s London AM fix this morning was USD 1,646.75, EUR 1,262.26, and GBP 1,052.57 per ounce.

Yesterday's AM fix was USD 1,662.00, EUR 1,271.61 and GBP 1,057.93 per ounce.

Gold fell more than 2% in New York yesterday and closed at $1,643.80/oz. Gold fell in Asia and its low hit $1,635.66/oz and high of $1,649.9/oz, and is now trading sideways in Europe at $1,647.05/oz.


Published in Market Updates  Precious Metals Update 


Singapore Seeks To Be Asian Bullion Hub With Tax Free Gold and Silver

Gold’s London AM fix this morning was USD 1,662.00, EUR 1,271.61, and GBP 1,057.93 per ounce.

Yesterday's AM fix was USD 1,694.75, EUR 1,291.44and GBP 1,082.63 per ounce.

Gold fell 1.7% in New York yesterday and closed at $1,676.10/oz. Gold fell in Asia prior to further falls in Europe which has gold now trading at $1,656/oz.


Published in Market Update  Precious Metals Update 


Buy Gold Because a Currency Crisis is Coming

Gold’s London AM fix this morning was USD 1,694.75, EUR 1,291.44, and GBP 1,082.63 per ounce.

Yesterday's AM fix was USD 1,705.25, EUR 1,299.93 and GBP 1,088.57 per ounce.


Published in Market Updates  Precious Metals Update 


China's SAFE: "We Wont Put All The Eggs In One Basket"

Gold’s London AM fix this morning was USD 1,705.25, EUR 1,299.93, and GBP 1,088.57 per ounce.

Friday's AM fix was USD 1,699.50, EUR 1,285.36 and GBP 1,078.30 per ounce.

Cross Currency Table – (Bloomberg)


Published in Market Update  Precious Metals Update 


“Strong Silver Price” in 2012 As “Strengthening” Investment and Industrial Demand

 

Gold’s London AM fix this morning was USD 1,699.50, EUR 1,285.36, and GBP 1,078.30 per ounce.

Yesterday's AM fix was USD 1,701.50, EUR 1,287.26 and GBP 1,076.70 per ounce.

Cross Currency Table – (Bloomberg)


Published in Market Update  Precious Metals Update 


Asia Focuses on Gold’s Value and Buys Dip – West Focuses on Price and Sells

Gold’s London AM fix this morning was USD 1,701.50, EUR 1,287.26, and GBP 1,076.70 per ounce.

Yesterday's AM fix was USD 1682.50, EUR 1278.69 and GBP 1068.53 per ounce.

Cross Currency Table – (Bloomberg) 


Published in Market Updates  Precious Metals Update 


Germany to Review Bundesbank Gold Reserves in Frankfurt, Paris, London and Federal Reserve Bank of New York

Gold’s London AM fix this morning was 1682.50 USD, 1278.69 EUR and 1068.53 GBP  per ounce.

Yesterday's AM fix was  USD 1,685.60, EUR 1,282.24 and GBP 1,068.26 per ounce.


Published in Market Updates  Precious Metals Update 


Faber: "Middle East Will Go Up In Flames" ... "Have To Be In Precious Metals and Equities"

Gold’s London AM fix this morning was USD 1,685.60, EUR 1,282.24 and GBP 1,068.26 per ounce.

Yesterday's AM fix was  USD 1,698.00, EUR 1,286.17 and GBP 1,073.60 per ounce.


Published in Market Update  Precious Metals Update 


Citigroup Predict Gold at $2,400/oz in 2012 and $3,400/oz "In Coming Years"

Gold’s London AM fix this morning was USD 1,698.00, EUR 1,286.17, and GBP 1,073.60 per ounce.

Friday's AM fix was USD 1,714.50, EUR 1,292.99, and GBP 1,076.14 per ounce.

Cross Currency Table – (Bloomberg) 


Published in Market Update  Precious Metals Update 


Asia Buys Gold After Massive Single Trade Sell Off During Bernanke’s Testimony

Gold’s London AM fix this morning was USD 1,714.50, EUR 1,292.99, and GBP 1,076.14 per ounce.

Yesterday's AM fix was USD 1,721.00, EUR 1,289.81, and GBP 1,079.13 per ounce.

Cross Currency Table – (Bloomberg)