Market Report: Year-end repo mess
Gold and silver made net gains over this week, with gold rising $12 from last Friday’s close to trade at $1472 in early European trade...
Market Updates
Market Report: Marking time…
While gold recovered some lost ground this week, silver went nowhere. From last Friday’s close, gold rose by $9 to trade at $1473 in early...
Market Report: Marking time over Thanksgiving
Gold and silver moved sideways this week in moderate turnover, affected by America’s Thanksgiving holiday on Thursday. In this morning’s...
Market Report: Battle of the gold bulls is ahead
As the chart above shows, gold and silver prices consolidated for a second week. In mid-morning European trade, gold was up $3 from last...
Market Report: December turning point?
Gold and silver stabilised this week, consolidating the falls of the previous week. Gold rose $7 from last Friday’s close to trade at...
Market Report: Vicious gold sell-off in high volume
Gold and silver suffered a sharp sell-off this week, with gold falling $48 from last Friday’s close to trade at $1466 in this morning’s...
Market Report: FFR cut underwrites PM prices
Despite being very overbought, gold and silver rose slightly on the week, with gold up $7.50 at $1512 in early morning European trade and si...
Market Report: Preparing to break out?
Gold and silver recovered some lost ground this week, with gold up $22 from last Friday’s close to trade at $1506 in early morning trade i...
Market Report: Dollar slips
Gold and silver continued their consolidation in moderate turnover on Comex. By morning trading in Europe today (Friday) gold had lost $4 fr...
Market Report: Gold in doldrums at $1500
Gold and silver traded in a narrow range this week, with gold still stuck around the $1500 mark. Turnover in silver dropped off as volatilit...
Market Report: Rollercoaster week for PMs
Gold and silver sold off this week, with gold trading down to $1459 intraday on Tuesday, and silver sold down to $16.89. Dollar strength bas...
Market Report: Repo seizure and liquidity problems
Gold and silver sold off this morning, taking them to the lower end of the current consolidation range, which has been in place all month. I...
Market Report: The importance of $1500 for gold
After the sharp falls seen at the end of last week, gold and silver consolidated in a narrow range, other than yesterday when the ECB announ...
Market Report: Overbought precious metals see profit-taking
Gold and silver had a remarkably strong performance before a sharp mark-down yesterday, which continued into early morning trade in Europe....
Market Report: Silver is the star performer
While gold ran into some profit-taking this week, silver was the star performer. From last Friday’s close, after further strong gains taki...
Market Report: Shifting characteristics for gold and silver
Gold and silver continued their consolidation into an eighth trading day this morning, from the intraday peak on 13 August. The band has tig...
Market Report: China tightens control over bullion
Gold and silver continued to strengthen this week, both seeing new closing highs for the year. Gold rose by $12 from last Friday’s close t...
Market Report: PMs steal limelight
In their best week for a long time, gold and silver continued their upward move against all currencies. Against the dollar, gold rose $62 on...
Market Report: Fed cuts rates 0.25%
During the week when on Wednesday the Fed cut its headline interest rate by 0.25% gold and silver had some big moves. It was the first inter...
Market Report: Gold facing Comex contract run-off
For another week, gold and silver consolidated the gains from their recent bull run. Gold lost $7 on the week to trade at $1418 in early mor...