Market Report: Hedge funds panicked
The sell-off in gold and silver accelerated this week. Gold traded at $1822 in Europe this morning, down $61 from last Friday’s close, and...
Market Updates
Market Report: Currency crisis looming
In a general flight into the US dollar, this week the yen, euro, and pound weakened while the dollar strengthened. Accordingly, the hedge fu...
Currency Chaos
Gold and silver had a torrid week, particularly for silver which as our headline chart shows is now marginally down on the year. In European...
Silver takes a hit
Gold and silver weakened since last Friday’s close, with silver particularly hard hit. In European morning trade today gold was at $1942,...
Market Report: Gold and silver advance
Gold and silver prices advanced this week, with Comex volumes for silver increasing, while those for gold remained subdued ahead of the East...
Market Report: Russian bullion flows dominate
Gold and silver showed little change on the week, with gold trading at $1932 in Europe this morning, up $8 from last Friday, and silver at $...
Market Report: Who is sanctioning whom?
Gold and silver drifted lower on balance this week, seemingly caught in limbo while traders tried to make sense of news developments. In Eur...
Market Report: Major developments in gold
Following the recent sell-off gold and silver rallied this week, with gold trading at $1957 in European trade this morning, up $36 since las...
Market Report: Exceptional volatility in all commodities
After commodities peaked last week and subsequently sold off, this week saw a continuation of falling prices before steadying on Wednesday....
Market Report: Gold challenges all-time high
As commodity prices responded to developments in Ukraine, precious metals rallied strongly before a general consolidation developed across a...
Market Report: Commodity shortages intensify
With the Ukraine crisis worsening, precious metals rallied this week after last week’s extreme volatility. This morning in Europe gold tra...
Market Report: PMs spike on Ukraine
This was the week that Russia attacked Ukraine, taking out its military capability. Europe awoke on Thursday morning to this news, and gold...
Market Report: Breakout!
Gold and silver rose this week continuing the rally from the depressed levels of earlier this month. In European trade this morning, gold wa...
Market Report: Inflation hits the headlines
Yesterday it was announced that in the year to end-January US CPI rose by 7.5%, against expectations of 7.3%. Shock horror!! Gold and silver...
Market Report: Interest rate outlook clarifying
Gold and silver prices were subdued this week as markets absorbed a Bank Rate increase by the Bank of England to 0.5%, and the ECB held its...
Market Report: PMs sell off with financial markets
Gold and silver fell sharply this week in the wake of the release of the FOMC minutes, which were a wakeup call for financial markets. Gold...
Market Report: Silver strong
Our headline chart shows how, after the first week in the New Year, the silver price has rallied strongly, up by nearly 10%. This week gold...
Market Report: Gold and silver rally
Gold and silver rallied this week as inflation and rising interest rates became the talking point. From last Friday, gold rose $28 to trade...
Market Report: Poor start to New Year
Gold and silver got off to a poor start in the New Year, with gold down $35 and silver down $1.10 in the first week of trading. In morning E...
Market Report: Small year-end rally
In the run up to Christmas, turnover in gold and silver contracts on Comex slowed to a crawl. Having ticked back slightly on Monday and Tues...