02
Jan
2014

Gold Down 28% In 2013 Despite “Skyrocketing Demand” – Perth Mint Sales Surge 41%

Today’s AM fix was USD 1219.75, EUR 888.84 and GBP 737.05 per ounce.

Tuesday’s (12/31/13) AM fix was USD 1201.50, EUR 872.55 and GBP 726.99 per ounce.

Gold and silver prices surged higher today in the opening hours of trade in 2014. Gold rose 1.8% to $1,220/oz and silver surged over 3% to $20.02/oz.

Gold fell 28% in 2013, while silver recorded a 36% decline. It was gold’s first annual drop since 2000 and gold and silver’s worst performance since 1981 and 1984 respectively.

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23
Dec
2013

Bloomberg: How to Keep Banks From Rigging Gold Prices

Today’s AM fix was USD 1192.75, EUR 871.957 and GBP 729.466 per ounce.
Friday’s AM fix was USD 1,195.00, EUR 875.33 and GBP 731.69 per ounce.

Gold rose 0.85% and silver rose 0.74% on Friday. Gold made gains Friday but still finished the week 2.8% lower. Gold fell back below $1,200 an ounce today as technical selling and year end book squaring led to price falls.

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20
Dec
2013

Gold Buying On Shanghai Gold Exchange Surges Again On Sub $1,200 Gold

Today’s AM fix was USD 1,195.00, EUR 875.33 and GBP 731.69 per ounce.
Yesterday’s AM fix was USD 1,205.25, EUR 881.16 and GBP 736.35 per ounce.

Gold dropped $27 or 2.22% yesterday, closing at $1,191.50/oz. Silver slid $0.58 or 2.93% closing at $19.21/oz. Platinum dropped $14.76, or 1.1%, to $1,316.24/oz and palladium edged down $2.53 or 0.4%, to $692.97/oz.

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19
Dec
2013

Gold Tests Support At $1,200 As Fed Tinkers With Tiny Taper

Today’s AM fix was USD 1,205.25, EUR 881.16 and GBP 736.35 per ounce.
Yesterday’s AM fix was USD 1,233.25, EUR 896.97 and GBP 754.05 per ounce.

Gold fell $12.20 or 0.99% yesterday, closing at $1,218.50/oz. Silver slid $0.11 or 055% closing at $19.79/oz. Platinum dropped $10.99, or 0.8%, to $1,334.74 /oz and palladium edged down $1.28 or 0.2%, to $695.97/oz.

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18
Dec
2013

Fed’s Ballooning $4 Trillion Balance Sheet Bodes Well For Gold In 2014

Today’s AM fix was USD 1,233.25, EUR 896.97 and GBP 754.05 per ounce.
Yesterday’s AM fix was USD 1,237.25, EUR 898.71 and GBP 759.42 per ounce.

Gold fell $10 or 0.81% yesterday, closing at $1,230.70/oz. Silver slipped $0.06 or 0.3% closing at $19.90/oz. Platinum dropped $13.51, or 1%, to $1,348.75/oz and palladium fell $14.78 or 2.1%, to $701.52/oz.

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17
Dec
2013

Gold To Rally Year End As Traders Close Some Of Record Short Positions

Today’s AM fix was USD 1,237.25, EUR 898.71 and GBP 759.42 per ounce.
Yesterday’s AM fix was USD 1,229.50, EUR 892.62 and GBP 754.57 per ounce.

Gold rose $3.10 or 0.25% yesterday, closing at $1,240.70/oz. Silver climbed $0.26 or 1.32% closing at $19.96/oz. Platinum fell $3.24, or 0.2%, to $1,358.25/oz and palladium rose $0.25 or 0%, to $715.90/oz.

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16
Dec
2013

Gold ETF Holdings Gobbled Up By China- Where Is The Gold To Feed Golden Dragon In 2014?

Today’s AM fix was USD 1,229.50, EUR 892.62 and GBP 754.57 per ounce.
Friday’s AM fix was USD 1,222.75, EUR 891.22 and GBP 750.89 per ounce.

Gold rose $11.10 or 0.91% Friday, closing at $1,237.60/oz. Silver climbed $0.18 or 0.92% closing at $19.70/oz. Platinum fell $1.05, or 0.1%, to $1,357.70/oz and palladium fell $0.72 or 0.1%, to $714/oz. Gold and silver were both up for the week at 0.72% and 1.13%.

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13
Dec
2013

The 9 Key Considerations To Protect Deposits From Bail-Ins

Today’s AM fix was USD 1,222.75, EUR 891.22 and GBP 750.89 per ounce.
Yesterday’s AM fix was USD 1,243.50, EUR 902.79 and GBP 758.51 per ounce.

Gold fell $26.40 or 2.11% yesterday, closing at $1,226.50/oz. Silver slid $0.79 or 3.89% closing at $19.52/oz.  Platinum dropped $19.01, or 1.4%, to $1,360.74/oz and palladium fell $20 or 2.7%, to $715.25/oz.

Gold has spiked higher in late morning trade in London and is 0.6% higher on the day and 0.35% higher for the week. A higher weekly close this week will be positive from a technical perspective.

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12
Dec
2013

New EU Bail-In Agreement Yesterday – What Bail-Ins Would Look Like (Part VII)

Today’s AM fix was USD 1,243.50, EUR 902.79 and GBP 758.51 per ounce.
Yesterday’s AM fix was USD 1,255.25, EUR 912.05 and GBP 765.49 per ounce.

Gold fell $9.60 or 0.76% yesterday, closing at $1,252.90/oz. Silver slipped $0.09 or 0.44% closing at $20.31/oz. Platinum dropped $3, or 0.2%, to $1,381.75/oz and palladium rose $1.05 or 0.1%, to $736.2/oz.

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11
Dec
2013

How Likely Are Bail-Ins? Bank of England Says U.S. “Could Do Today” (Part VI)

Today’s AM fix was USD 1,255.25, EUR 912.05 and GBP 765.49 per ounce.
Yesterday’s AM fix was USD 1,245.75, EUR 906.13 and GBP 757.76 per ounce.

Gold rose $21.90 or 1.77% yesterday, closing at $1,262.50/oz. Silver soared $0.53 or 2.67% closing at $20.40/oz. Platinum climbed $15.25, or 1.1%, to $1,386.99/oz and palladium also rose $1.50 or 0.2%, to $735.20/oz.

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