Author Archive for BullionVault

Central Bank Meetings “Could Put Pressure on Gold”, Fed “Can Still Sit Tight” But Draghi “Needs to Put Money Where His Mouth Is”

London Gold Market Report from Ben Traynor BullionVault Tuesday 31 July 2012, 07:15 EDT U.S. DOLLAR gold prices held above $1620 an ounce Tuesday morning in London, while stocks and commodities were also broadly flat and major government bond prices ticked higher with markets looking ahead to key central bank policy decisions…

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Gold Subject to “High Emotions in Quiet Market”, Retail Investors Could Lose Out in Spanish Banks Bailout

London Gold Market Report from Ben Traynor BullionVault Wednesday 11 July 2012, 07:00 EDT HAVING seen sharp falls during Tuesday’s US trading, gold prices regained some lost ground Wednesday morning, climbing as high as $1583 per ounce, while stocks and commodities were broadly flat and US Treasuries dipped. The Euro also…

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“Pressure Mounting” on Gold, But Central banks Still Adding to Reserves, Italy’s Borrowing Costs Creep Higher

London Gold Market Report from Ben Traynor BullionVault Wednesday 27 June 2012, 08:15 EDT U.S. DOLLAR gold prices dropped as low as $1565 an ounce during Wednesday morning’s London trade – 1.4% down on this week’s high – before recovering some ground by lunchtime, while stock markets posted slight gains ahead…

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“Negative Forecast” Remains for Gold, India Needs “Good Monsoon” to Boost Bullion Demand, Euro Integration Steps Outlined

London Gold Market Report from Ben Traynor BullionVault Tuesday 26 June 2012, 07:45 EDT SPOT MARKET prices to buy gold traded just above $1580 an ounce throughout Tuesday morning’s London session, up around 0.6% on last week’s close following gains the previous day. Prices to buy silver traded in a tight range around $27.50…

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Gold “In Sideways Range” Ahead of European Summit, German Government Announces Joint Debt Sharing, But Only Within Germany

London Gold Market Report from Ben Traynor BullionVault Monday 25 June 2012, 08:30 EDT WHOLESALE MARKET gold bullion prices dropped below $1570 an ounce during Monday morning’s London session, though they remain broadly in line with where they ended last week, with markets focused on this week’s European leaders’ summit. Gold…

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Gold Hits 8-Session Low Post-Fed, But “Central Bank Buying Supports”

London Gold Market Report from Adrian Ash BullionVault Thurs 21 June, 08:25 EST The WHOLESALE MARKET gold price fell further Thursday in London, falling hard to 8-session lows at $1587 per ounce following last night’s “no change” decision from the Federal Reserve on new US quantitative easing. Major-government bond prices…

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FOMC “Influencing Gold More Than Eurozone”, Extending Operation Twist “May Not Be Sufficient”, Spanish Borrowing Costs Soar

London Gold Market Report from Ben Traynor BullionVault Tuesday 19 June 2012, 08:30 EDT THE U.S. DOLLAR gold price hovered around $1630 an ounce during Tuesday morning’s trading in London – in line with where it ended last week – while stocks and commodities were also broadly flat ahead of the…

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Gold Jumps Again “But Rangebound Below $1640″ as Spanish, Italian Debt Prices Undo €1.1 Trn in Bank Loans

London Gold Market Report from Adrian Ash BullionVault Weds 13 June, 09:05 EST The WHOLESALE MARKET gold price rose again as New York trading began on Wednesday, extending yesterday’s 1.8% jump to reach $1620 per ounce as new data showed US retail sales falling faster-than-expected in May. Silver bullion recovered…

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Gold Falls Back as it “Tracks Dollar”, Italy “Under Scrutiny” after Spanish Bailout, Gold Demand in China “Could Rise 10% This Year”

London Gold Market Report from Ben Traynor BullionVault Monday 11 June 2012, 08:30 EDT SPOT MARKET gold prices dropped back below $1600 an ounce Monday morning in London, having briefly risen above that level in Asian trading, as stocks and the Euro also began the week strongly and US Treasuries fell…

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Gold Bears “Wrong” About Dollar as Spain Raises Debt, China Cuts Both Rates & Euro Exposure

London Gold Market Report from Adrian Ash BullionVault Thurs 7 June, 08:35 EST WHOLESALE MARKET gold prices eased back from an earlier rally Thursday lunchtime in London, trading at $1623 per ounce as the Euro currency slipped from a 1-week high $1.26 after new data showed US jobless claims continuing…

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