14
Feb
2014

Gold’s Technicals Support Positive Fundamentals – 9 Key Charts

Today’s AM fix was USD 1,308.50, EUR 955.60 and GBP 783.21 per ounce.
Yesterday’s AM fix was USD 1,290.25, EUR 943.65 and GBP 774.93 per ounce.   

Gold climbed $10.80 or 0.84% yesterday to $1,301.70/oz. Silver rose $0.31 or 1.54% at $20.51/oz.

This morning bullion for immediate delivery rose another 1.1% to $1,317.70 an ounce, the highest price since November 8, and traded as high as  $1,319.51/oz in London. It is the seventh straight day of gains – the longest stretch of gains since July 2011.

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13
Feb
2014

EU Sees “Personal Pension Savings” As “Plug” For Banks

Today’s AM fix was USD 1,290.25, EUR 943.65 and GBP 774.93 per ounce.
Yesterday’s AM fix was USD 1,286.50, EUR 942.84 and GBP 778.47 per ounce.   

Gold climbed $1.00 or 0.08% yesterday to $1,290.90/oz. Silver was unchanged at $20.20/oz.

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12
Feb
2014

BOE Stress Testing Banks For Property Crash – Risk Of Bail-Ins

Today’s AM fix was USD 1,286.50, EUR 942.84 and GBP 778.47 per ounce.
Yesterday’s AM fix was USD 1,282.75, EUR 938.09 and GBP 780.83 per ounce.   

Gold climbed $15.30 or 1.2% yesterday to $1,289.90/oz. Silver rose $0.15 or 0.75% to $20.20/oz.

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11
Feb
2014

Gold Rallies Ahead Of Yellen Testimony – Up 6.6% YTD

Today’s AM fix was USD 1,282.75, EUR 938.09 and GBP 780.83 per ounce.
Yesterday’s AM fix was USD 1,273.50, EUR 933.86 and GBP 776.95 per ounce.   

Gold climbed $7.50 or 0.59% yesterday to $1,274.60/oz. Silver rose $0.02 or 0.1% to $20.05/oz.

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10
Feb
2014

China Gold Buying Surges 41% To 1,176 Tonnes In 2013

Today’s AM fix was USD 1,273.50, EUR 933.86 and GBP 776.95 per ounce.
Friday’s AM fix was USD 1,260.00, EUR 928.72 and GBP 771.16 per ounce.           

Gold climbed $9.70 or 0.77% Friday to $1,267.10/oz. Silver rose $0.09 or 0.45% to $20.03/oz. Gold and silver were both up for the week at 1.78% and 4.54% respectively.

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07
Feb
2014

Gold Is Safe Haven – Growing Consensus In Latest Academic and Independent Research

Today’s AM fix was USD 1,260.00, EUR 928.72 and GBP 771.16 per ounce.
Yesterday’s AM fix was USD 1,258.50, EUR 930.64 and GBP 772.42 per ounce.

Video Intro: Gold Is A Safe Haven Research Report  

Gold fell $0.50 or 0.04% yesterday to $1,257.40/oz. Silver rose $0.09 or 0.45% to $19.94/oz.

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06
Feb
2014

ECB, BOE Debasement Continues – Interest Rates Remain At 300 Year Lows

Today’s AM fix was USD 1,258.50, EUR 930.64 and GBP 772.42 per ounce.
Yesterday’s AM fix was USD 1,257.00, EUR 930.35 and GBP 772.30 per ounce.

Gold climbed $3.20 or 0.26% yesterday to $1,257.90/oz. Silver rose $0.36 or 1.85% to $19.85/oz. Both surged in value immediately after the poor ADP number led to safe haven buying due to concerns about the U.S. economy.
 
Gold is marginally higher in all currencies again today ahead of key interest rate decisions from the BOE and ECB.

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05
Feb
2014

Gold Supported At $1,200 – Below That Level “Serious Production Cutbacks”

Today’s AM fix was USD 1,257.00, EUR 930.35 and GBP 772.30 per ounce.
Yesterday’s AM fix was USD 1,253.00, EUR 927.19 and GBP 766.83 per ounce.

Gold fell $3.10 or 0.25% yesterday to $1,254.70/oz. Silver rose $0.14 or 0.72% to $19.49/oz.

Gold is marginally higher in all currencies today and 0.5% higher in sterling after poor UK PMI data led to concerns about the UK economy. Gold appears to consolidating above the $1,250 level and strong support is at $1,200/oz.

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04
Feb
2014

Gold Rises 1.1% On Safe Haven Demand As Stocks Fall After Poor U.S. Data

Today’s AM fix was USD 1,253.00, EUR 927.19 and GBP 766.83 per ounce.
Yesterday’s AM fix was USD 1,246.50, EUR 922.58 and GBP 762.39 per ounce.

Gold climbed $12.90 or 1.04% yesterday to $1,257.80/oz. Silver rose $0.19 or 0.99% to $19.35/oz.

Gold is marginally higher for a third day and is consolidating on yesterday’s gains despite significant sell offs in stock markets overnight. The Nikkei was down 4.2% and the FTSE is off another 0.5% this morning.

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03
Feb
2014

Perth Mint and U.S. Mint See Higher January Gold Sales

Today’s AM fix was USD 1,246.50, EUR 922.58 and GBP 762.39 per ounce.
Friday’s AM fix was USD 1,246.50, EUR 920.54 and GBP 757.34 per ounce.

Gold rose $1.90 or 0.15% Friday to $1,244.90/oz. Silver fell $0.04 or 0.21% to $19.16/oz. Gold and silver were down 1.85% and 3.97% for the week.

Gold is marginally lower in all major currencies today except sterling which has weakened due to concerns that the Bank of England will continue its ultra loose monetary policies. Gold ticked higher in Asia prior to price falls.

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