Published in Market Update  Precious Metals Update 


Central Banks Still Significant Buyers On Gold Dip

Gold’s London AM fix this morning was USD 1,558.50, EUR 1,239.27, and GBP 993.62 per ounce. Yesterday's AM fix this morning was USD 1,555.00, EUR 1,229.44, and GBP 989.56 per ounce.

Silver is trading at $28.12/oz, €22.46/oz and £18.01/oz. Platinum is trading at $1,430.25/oz, palladium at $591.80/oz and rhodium at $1,275/oz.


Published in Market Update  Precious Metals Update 


Gold Bubble? Demand Data Continues To Show No Bubble

Gold’s London AM fix this morning was USD 1,555.00, EUR 1,229.44, and GBP 989.56 per ounce. Yesterday's AM fix this morning was USD 1,575.75, EUR 1,233.95, and GBP 998.76 per ounce.

Gold fell $26.20 or 1.64% in New York yesterday and closed at $1,566.80/oz. Gold fell in Asia and those falls continued in Europe where gold has been trading in a $16 range.


Published in Market Update  Precious Metals Update 


Swiss Parliament Examines ‘Gold Franc’ Currency Today

Gold’s London AM fix this morning was USD 1,575.75, EUR 1,233.95, and GBP 998.76 per ounce. Yesterday's AM fix this morning was USD 1,590.25, EUR 1,245.20, and GBP 1,005.34 per ounce.

Silver is trading at $28.18/oz, €22.18/oz and £17.94/oz. Platinum is trading at $1,462.00/oz, palladium at $607.10/oz and rhodium at $1,275/oz.


Published in Market Update  Precious Metals Update 


Why Has Gold Fallen In Price And What Is The Outlook?

Gold’s London AM fix this morning was USD 1,590.25, EUR 1,245.20, and GBP 1,005.34 per ounce. Friday's AM fix was USD 1,588.00, EUR 1,251.08 and GBP 1,005.13 per ounce.


Published in Market Update  Precious Metals Update 


Bloomberg Interview GoldCore on Chinese and Global Gold Demand

Gold’s London AM fix this morning was USD 1,588.00, EUR 1,251.08, and GBP 1,005.13 per ounce. Yesterday's AM fix was USD 1,547.00, EUR 1,217.44and GBP 974.00 per ounce.

Silver is trading at $28.53/oz, €22.55/oz and £18.12/oz. Platinum is trading at $1,465.00/oz, palladium at $603.80/oz and rhodium at $1,300/oz.


Published in Market Update  Precious Metals Update 


Gold Demands Trend (Q1 2012) - Enter The Dragon

Gold’s London AM fix this morning was USD 1,547.00, EUR 1,217.44, and GBP 974.00 per ounce. Yesterday's AM fix was USD 1,537.50, EUR 1,208.73 and GBP 966.31 per ounce.

Silver is trading at $27.48/oz, €21.77/oz and £17.43/oz. Platinum is trading at $1,443.50/oz, palladium at $592.90/oz and rhodium at $1,300/oz.


Published in Market Update  Precious Metals Update 


Soros, PIMCO, Paulson, Texas Teacher Retirement Fund Buy Gold in Q1

Gold’s London AM fix this morning was USD 1,537.50, EUR 1,208.73, and GBP 966.31 per ounce. Yesterday's AM fix was USD 1,559.00, EUR 1,213.61 and GBP 969.95 per ounce.

Silver is trading at $27.33/oz, €21.59/oz and £17.24/oz. Platinum is trading at $1,427.50/oz, palladium at $592.60/oz and rhodium at $1,300/oz.


Published in Market Updates  Precious Metals Update 


Bundesbank Confirms German Gold Held By FED, BOE and Banque De France

Gold’s London AM fix this morning was USD 1,559.00, EUR 1,213.61 and GBP 969.95 per ounce.

Yesterday's AM fix was USD 1,563.00, EUR 1,213.79 and GBP 972.62 per ounce.


Published in Market Updates  Precious Metals Update 


Gold Negative YTD In Dollars But Bull Market Not Over - Morgan Stanley

Gold’s London AM fix this morning was USD 1,563.00, EUR 1,213.79 and GBP 972.62 per ounce.

Friday's AM fix was USD 1,580.75, EUR 1,221.69 and GBP 980.98 per ounce.

Gold fell $12.70 to close at $1,581/oz in New York on Friday. Gold has fallen again today and has now erased the gains for the year. Gold edged up in early Asian trading as bargain hunters lifted prices from four month lows, but gains were capped and prices gradually fell and falls continued in European trading.


Published in Market Updates  Precious Metals Update 


Gold ‘Will Go To 3,000 Dollars Per Ounce’ - Rosenberg

Gold’s London AM fix this morning was USD 1,580.75, EUR 1,221.69 and GBP 980.98 per ounce.

Yesterday's AM fix was USD 1,590.00, EUR 1,228.37, and GBP 987.39 per ounce.

Gold rose $3.00 or 0.18% in New York yesterday and closed at $1,594.00/oz. Gold ticked lower in Asia and in Europe and breached yesterday’s intraday low of $1,580/oz.


Published in Market Update  Precious Metals Update 


Goldman Sees “Currency of Last Resort” Up 15 pc At $1,840/oz in 6 Months

Gold’s London AM fix this morning was USD 1,590.00, EUR 1,228.37, and GBP 987.39 per ounce. Yesterday's AM fix was USD 1,585.50, EUR 1,221.87 and GBP 984.17 per ounce.

Silver is trading at $29.13/oz, €22.60/oz and £18.15/oz. Platinum is trading at $1,492.73/oz, palladium at $612.20/oz and rhodium at $1,300/oz.

Gold fell $15.80 or 0.98% in New York yesterday and closed at $1,591.00/oz. Gold ticked higher in Asia but has drifted lower since Europe opened. Support is at yesterday’s intraday low of $1,580/oz.


Published in Market Update  Precious Metals Update 


Demand in Asia and “Semi Official Buyer of Gold” On ‘Roubini Dip’

Gold’s London AM fix this morning was USD 1,585.50, EUR 1,221.87, and GBP 984.17 per ounce. Yesterday's AM fix was USD 1,627.00, EUR 1,250.77 and GBP 1,008.99 per ounce.

Silver is trading at $28.77/oz, €22.27/oz and £17.92/oz. Platinum is trading at $1,506.75/oz, palladium at $613.20/oz and rhodium at $1,300/oz.

Gold dropped $31.90 or 1.95% in New York yesterday and closed at $1,606.80/oz. Gold gradually fell again in Asian and European trading and looks set to test support at $1,580/oz.


Published in Market Update  Precious Metals Update 


Turkey Exports “Massive Quantities Of Gold” to Iran and Arab Spring Nations

Gold’s London AM fix this morning was USD 1,627.00, EUR 1,250.77, and GBP 1,008.99 per ounce. Friday's AM fix was USD 1,629.50, EUR 1,240.20 and GBP 1,007.54 per ounce.

Silver is trading at $29.74/oz, €22.91/oz and £18.47/oz. Platinum is trading at $1,525.50/oz, palladium at $635.40/oz and rhodium at $1,350/oz.

Gold fell $3.70 or 0.23% in New York yesterday and closed at $1,638.70/oz. Gold started out sideways in Asia then gradually dropped lower and this weakness continued in early European trading.


Published in Market Update  Precious Metals Update 


Gold Bubble? “More People That Own Apple Stock Than Gold”

Gold’s London AM fix this morning was USD 1,629.50, EUR 1,240.20, and GBP 1,007.54 per ounce. Yesterday's AM fix was USD 1,642.50, EUR 1,251.24 and GBP 1,015.90 per ounce.

Silver is trading at $29.99/oz, €22.93/oz and £18.60/oz. Platinum is trading at $1,533.50/oz, palladium at $657.40/oz and rhodium at $1,350/oz.

Gold dropped $16.50 or 1.00% in New York yesterday and closed at $1,637.10/oz. Gold gradually traded lower in Asia and in European trading.


Published in Market Update  Precious Metals Update 


Swiss Gold Stored At “Decentralised Locations” – SNB Does Not Disclose Where

Gold’s London AM fix this morning was USD 1,642.50, EUR 1,251.24, and GBP 1,015.90 per ounce.

Yesterday's AM fix was USD 1,652.50, EUR 1,257.71 and GBP 1,020.44 per ounce.

Silver is trading at $30.49/oz, €23.31/oz and £18.92/oz. Platinum is trading at $1,559.00/oz, palladium at $661.90/oz and rhodium at $1,350/oz.


Published in Market Updates  Precious Metals Update 


America's "Safest Long Term Investment" Is Gold - Gallup

Gold’s London AM fix this morning was USD 1,652.50, EUR 1,257.71, and GBP 1,020.44 per ounce.

Yesterday's AM fix was USD 1,661.25, EUR 1,253.02 and GBP 1,024.70 per ounce.

Gold fell $4.40 or 0.26% in New York yesterday and closed at $1,661.70/oz. Gold rose to over $1,670/oz in early US trading prior to selling capped price gains and the price then fell back to the $1,660/oz level.


Published in Market Update  Precious Metals Update 


Manipulative Gold ‘Fat Finger’ Or Algo Trade Worth 1.24 Billion USD

Gold’s London AM fix this morning was USD 1,661.25, EUR 1,253.02, and GBP 1,024.70 per ounce. Yesterday's AM fix was USD 1,662.50, EUR 1,256.61 and GBP 1,021.44 per ounce.

Silver is trading at $30.85/oz, €23.37/oz and £19.10/oz. Platinum is trading at $1,570.00/oz, palladium at $677.60/oz and rhodium at $1,350/oz.


Published in Market Update  Precious Metals Update 


Funds Cut Positions in Gold By 4% and Silver By 20% - Gold Positions at 3 Year Low

Gold’s London AM fix this morning was USD 1,662.50, EUR 1,256.61, and GBP 1,021.44 per ounce. Friday's AM fix was USD 1,654.00, EUR 1,250.28 and GBP 1,019.60 per ounce.

Silver is trading at $31.24/oz, €23.73/oz and £19.29/oz. Platinum is trading at $1,577.75/oz, palladium at $680.30/oz and rhodium at $1,350/oz.

Gold rose $4.70 or 0.28% in New York on Friday and closed at $1,662.30/oz leading to a 1.24% gain for the week.


Published in Market Update  Precious Metals Update 


Gold “Buying Opportunity” - Gold Analysts More Bullish On Central Bank Demand

Gold’s London AM fix this morning was USD 1,654.00, EUR 1,250.28, and GBP 1,019.60 per ounce. Yesterday's AM fix was USD 1,648.25, EUR 1,246.22 and GBP 1,017.88 per ounce.

Silver is trading at $30.16/oz, €23.65/oz and £19.29/oz. Platinum is trading at $1,576.25/oz, palladium at $658.75/oz and rhodium at $1,350/oz.

Gold rose $13.80.60 or 0.84% in New York yesterday and closed at $1,657.60/oz. Gold traded initially sideways in Asia then it dipped downward and recovered  in early European trading.


Published in Market Update  Precious Metals Update 


Gold “Bargain of Lifetime” As Gold Standard Inevitable, Possibly Within Year - $10,000/oz Looms

Gold’s London AM fix this morning was USD 1,648.25, EUR 1,246.22, and GBP 1,017.88 per ounce. Yesterday's AM fix was USD 1,641.25, EUR 1,241.49 and GBP 1,019.54 per ounce.

Silver is trading at $30.85/oz, €23.45/oz and £19.14/oz. Platinum is trading at $1,563.00/oz, palladium at $658.75/oz and rhodium at $1,350/oz.

After moves down and then up, gold finished $2.60 or 0.16% higher in New York yesterday and closed at $1,643.80/oz. Gold fell some $10 as the FOMC meeting commenced prior to going positive.