Consumers Snap Up Gold & Silver Jewellery

by GoldCore

 

Today’s AM fix was USD 1,469.50, EUR 1,118.68 and GBP 944.59 per ounce.
Yesterday’s AM fix was USD 1,454.00, EUR 1,108.74 and GBP 939.09 per ounce.

Cross Currency Table – (Bloomberg)

Gold climbed $20.60 or 1.42% yesterday to $1,472.60/oz and silver finished nearly unchanged -0.08%.

Jewellers across the world are seeing a surge in jewellery purchases because consumers are taking advantage of the price drop and purchasing investment pieces that will grow in [...]

“People Running Through The Gate” To Buy Gold Bullion

by GoldCore

 

Today’s AM fix was USD 1,379.00, EUR 1,046.12 and GBP 903.14 per ounce.
Yesterday’s AM fix was USD 1,378.00, EUR 1,054.00 and GBP 900.48 per ounce.

Gold rose $16.40 or 1.21% yesterday to $1,373.40/oz and silver also finished up 2.63%.

Cross Currency Table – (Bloomberg)

There are reports of very strong demand for coins and bars from buyers internationally who believe that the sell off that saw gold fall to a two-year low [...]

Massive $20 Billion Paper Gold Sell Orders Trigger Stop Loss Selling And Unfounded Panic

by GoldCore

 

Today’s AM fix was USD 1,416.00, EUR 1,083.31 and GBP 924.52 per ounce.
Friday’s AM fix was USD 1,548.00, EUR 1,186.30 and GBP 1,008.60 per ounce.

Cross Currency Table – (Bloomberg)

Gold fell $72.90 or 4.67% on Friday to $1,488.10/oz and silver slid to $26.04 and finished -5.29%.

Gold in USD, Daily – (Bloomberg)

Gold and silver were both down for the week – 5.76% and 4.14% respectively.

There is blood running in the gold [...]

Italians Value Gold Reserves – EU Deposits To Flow To Gold

by GoldCore

 

Today’s AM fix was USD 1,597.25, EUR 1,241.35 and GBP 1,052.21 per ounce.
Yesterday’s AM fix was USD 1,602.25, EUR 1,232.97 and GBP 1,053.70 per ounce.

Silver is trading at $28.86/oz, €22.53/oz and £19.12/oz. Platinum is trading at $1,578.00/oz, palladium at $759.00/oz and rhodium at $1,225/oz.

Gold fell $3.20 or 0.2% and closed yesterday at $1,604.40/oz. Silver finished +0.41% at $28.81.

Cross Currency Table – (Bloomberg)

Gold is slightly lower in most major currencies [...]

German Gold Repatriation Is Victory For Transparency And GATA

by GoldCore

Today’s AM fix was USD 1,660.50, EUR 1,235.12, and GBP 1,057.17 per ounce.
Yesterday’s AM fix was USD 1,656.75, EUR 1,232.43, and GBP 1,052.77 per ounce.

Silver is trading at $31.09/oz, €23.23/oz and £19.84/oz. Platinum is trading at $1,675.50/oz, palladium at $737.00/oz and rhodium at $1,200/oz.

Cross Currency Table – (Bloomberg)

Gold fell $4.00 or 0.24% in New York yesterday and closed at $1,654.90/oz. Silver climbed to $31.30 in Asia before it eased [...]

“Gold Will Prove A Haven From Currency Storms” – OMFIF Study

by GoldCore

“Gold Will Prove A Haven From Currency Storms” – OMFIF Study

Today’s AM fix was U.S.D 1,690.00, EUR 1,265.82, and 1,060.49 GBP per ounce.
Yesterday’s AM fix was U.S.D 1,683.25, EUR 1,260.11 and GBP 1,050.85 per ounce.

Silver is trading at $31.79/oz, €23.91/oz and £20.04/oz. Platinum is trading at $1,695.25/oz, palladium at $723.00/oz and rhodium at $1,150/oz.

Cross Currency Table – (Bloomberg)

 

Gold rose $7.00 or 0.42% in New York yesterday and closed at $1,686.90/oz. [...]

Gold Set to Return to Run of Records Next Year – Chart of the Day

by GoldCore Gold Bullion

Today’s AM fix was USD 1,693.00, EUR 1,295.14, and GBP 1,050.77 per ounce.
Yesterday’s AM fix was USD 1,703.00, EUR 1,300.79, and GBP 1,057.90 per ounce.

Silver is trading at $32.73/oz, €25.15/oz and £20.40/oz. Platinum is trading at $1,586.00/oz, palladium at $680.00/oz and rhodium at $1,045/oz.

Gold fell $3.10 or 0.18% in New York yesterday and closed at $1,693.60/oz. Silver climbed to $33.24 then slid to $32.51, but finished after [...]

Precious Metals Set For Higher Weekly Close And Seasonal Year End Rally

by GoldCore

Today’s AM fix was USD 1,732.75, EUR 1,362.23, and GBP 1,085.55 per ounce.
Yesterday’s AM fix was USD 1,715.00, EUR 1,347.42, and GBP 1,075.84 per ounce.

Silver is trading at $32.19/oz, €25.42/oz and £20.27/oz. Platinum is trading at $1,560.50/oz, palladium at $613.00/oz and rhodium at $1,100/oz.

Gold rose $14.50 or 0.84% in New York yesterday and closed at $1,732.80. Silver dropped to $31.62 in London, then hit a high of $32.412/oz in [...]

Gold’s November Returns – 5 and 10 Year Average Gains Of 5.6% and 5%

by GoldCore Gold Bullion

Today’s AM fix was USD 1,723.25, EUR 1,330.59, and GBP 1,065.64 per ounce.
Yesterday’s AM fix was USD 1,718.00, EUR 1,321.54, and GBP 1,065.89 per ounce.

Silver is trading at $32.60/oz, €25.25/oz and £20.26/oz. Platinum is trading at $1,576.50/oz, palladium at $612.80/oz and rhodium at $1,100/oz.

Gold climbed $11.70 or 0.68% yesterday and closed at $1,721.20. Silver surged to hit a high of $32.411 and subsequently gave up some of [...]

EU Leaders Agree on Bank Supervisor

by GoldCore

Today’s AM fix was USD 1,732.75, EUR 1,327.27, and GBP 1,078.86 per ounce.
Yesterday’s AM fix was USD 1,748.00, EUR 1,331.71and GBP 1,081.42 per ounce.

Silver is trading at $32.37/oz, €24.90/oz and £20.24/oz. Platinum is trading at $1,632.50/oz, palladium at $633.75/oz and rhodium at $1,175/oz.

Gold fell $7.70 or 0.44% in New York yesterday and closed at $1,741.00. Silver slipped to a low of $32.67 and finished with a loss of 1.24%.

Gold [...]

Gold And Silver Fall On Open In Asia As October Correction Continues

by GoldCore

Today’s AM fix was USD 1,747.25, EUR 1,347.56, and GBP 1,086.87 per ounce.
Friday’s AM fix was USD 1,767.00, EUR 1,362.80, and GBP 1,101.35 per ounce.

Silver is trading at $33.28/oz, €25.78/oz and £20.81/oz. Platinum is trading at $1,648.50/oz, palladium at $637.30/oz and rhodium at $1,175/oz.

Gold fell $13.10 or 1.49% in New York on Friday and closed at $1,754.40. Silver dropped to a low of $33.46 and ended trading with a [...]

Gold And Silver Capped Until After U.S. Election?

by GoldCore

Today’s AM fix was USD 1,767.00, EUR 1,362.80, and GBP 1,101.35 per ounce.
Yesterday’s AM fix was USD 1,767.25, EUR 1,371.45 and GBP 1,103.29 per ounce.

Silver is trading at $33.96/oz, €26.27/oz and £21.21/oz. Platinum is trading at $1,679.50/oz, palladium at $648.80/oz and rhodium at $1,205/oz.

Gold edged up $4.60 or 0.26% in New York yesterday which saw gold close at $1,767.50. Silver climbed to a high of $34.33 and then fell [...]

Turkey & Syria Clash and Asians Take a Shine to Silver

by GoldCore

Today’s AM fix was USD 1,790.00, EUR 1,375.55, and GBP 1,105.69 per ounce.
Yesterday’s AM fix was USD 1,786.50, EUR 1,380.92 and GBP 1,109.01 per ounce.

Silver is trading at $34.91/oz, €26.95/oz and £21.65/oz. Platinum is trading at $1,714.00/oz, palladium at $664.99/oz and rhodium at $1,195/oz.

Gold rose $12.30 or 0.69% in New York yesterday and closed at $1,790.80. Gold pulled back after the Fed released Minutes from their September 12th meeting, [...]

Faber: Own Gold – “Don’t Store It In The U.S., The Fed Will Take It Away From You One Day”

From GoldCore Gold Buillion

Faber: Own Gold – “Don’t Store It In The U.S., The Fed Will Take It Away From You One Day”

Today’s AM fix was USD 1,767.25, EUR 1,349.36 and GBP 1,089.42 per ounce.
Friday’s AM fix was USD 1,772.50, EUR 1,359.70 and GBP 1,093.53 per ounce.

Silver is trading at $34.52/oz, €26.44/oz and £21.36/oz. Platinum is trading at $1,699.00/oz, palladium at $685.50/oz and rhodium at $1,050/oz.

Gold rose $5.30 or 0.3% in [...]

Fed ‘Currency Debasement 3′ (QE3) Sees Gold and Silver Surge 2% and 4.3%

by GoldCore

 

Fed ‘Currency Debasement 3′ (QE3) Sees Gold and Silver Surge 2% and 4.3%

Today’s AM fix was USD 1,772.50, EUR 1,359.70 and GBP 1,093.53 per ounce.
Yesterday’s AM fix was USD 1,730.50, EUR 1,339.81 and GBP 1,073.64 per ounce.

Bernanke’s announcement of further money printing and ultra loose monetary policies saw gold and silver surge in all currencies yesterday. Gold rose $34.30 or 1.98% in New York and closed at $1,732.00. Silver [...]

Gold In Euros Touches New Record High At EUR 1,360.23 Per Ounce

by GoldCore

 

Today’s AM fix was USD 1,732.75, EUR 1,355.09, and GBP 1,082.63 per ounce.
Friday’s AM fix was USD 1,696.00, EUR 1,337.75 and GBP 1,062.06 per ounce.

Silver is trading at $33.50/oz, €26.32/oz and £21.05/oz. Platinum is trading at $1,596.50/oz, palladium at $655.70/oz and rhodium at $1,025/oz.

Gold in Euros – January 2011 to Today

Gold has risen to new record highs in euro terms overnight in Asia when gold consolidated on last week’s [...]

August 2012: Gold and Platinum Up 2.7% And 6.4% While Silver Surges 9%

by GoldCore

 

Today’s AM fix was USD 1,657.75, EUR 1,319.03 and GBP 1,047.68 per ounce.
Yesterday’s AM fix was USD 1,657.00, EUR 1,320.21 and GBP 1,046.48 per ounce.

Silver is trading at $30.61/oz, €24.42/oz and £19.39/oz. Platinum is trading at $1,516.00/oz, palladium at $617.00/oz and rhodium at $1,025/oz.

Gold fell $0.80 or 0.05% in New York yesterday and closed at $1,655.30. Silver hit a high of $30.90 then edged down to $30.215 and surged [...]

Precious Metals ‘Perfect Storm’ As MSGM Risks Align

by GoldCore Gold Bullion

 

 

Precious Metals ‘Perfect Storm’ As MSGM Risks Align
Today’s AM fix was USD 1,666.50, EUR 1,329.16, and GBP 1,051.88 per ounce.
Yesterday’s AM fix was USD 1,662.50, EUR 1,324.07and GBP 1,047.57 per ounce.

Gold climbed $14.60 or 0.88% in New York yesterday and closed at $1,669.40. Silver surged to a high at $30.81 and finished with a gain of 2.28%. The precious metals have broken out this week with sharp gains [...]

Russia Accumulates Gold As Consolidates Below Resistance At $1,644/oz

by GoldCore

Today’s AM fix was USD 1,624.00, EUR 1,308.94, and GBP 1,030.26 per ounce.
Yesterday’s AM fix was USD 1,615.25, EUR 1,306.84 and GBP 1,028.04 per ounce.

Silver is trading at $28.95/oz, €22.40/oz and £18.44/oz. Platinum is trading at $1,495.75/oz, palladium at $604.70/oz and rhodium at $1,025/oz.

Gold rose $4.80 or 0.3% in New York yesterday and closed at $1,620.70/oz – its highest level in three months (since June 19). Silver dropped than [...]

Cash Out Of Gold And Send Kids To College?

From GoldCore

Cash Out Of Gold And Send Kids To College?

Today’s AM fix was USD 1,608.50, EUR 1,310.92, and GBP 1,030.69 per ounce.

Yesterday’s AM fix was USD 1,612.75, EUR 1,307.46 and GBP 1,029.79 per ounce.

Gold climbed $4.90 or 0.03% in New York yesterday and closed at $1,617.70/oz. Silver fell to $27.86 then rallied and finished with a gain of 0.39%.

Gold appears to in lock down mode this week with prices trapped in [...]

‘Game Changer’ For Gold In UK As New Regulation Favours Gold

by GoldCore

Today’s AM fix was USD 1,579.50, EUR 1,288.65, and GBP 1,012.57 per ounce.
Yesterday’s AM fix was USD 1,595.00, EUR 1,296.85 and GBP 1,020.47 per ounce.

Silver is trading at $27.09/oz, €22.23/oz and £17.43/oz. Platinum is trading at $1,415.75/oz, palladium at $574.18/oz and rhodium at $1,190/oz.

Gold fell $7.80 or 0.49% in New York yesterday and closed at $1,581.70/oz. Gold dropped off in later trading in Asia and then recovered losses for [...]

Gold as an Inflation Hedge

by GoldCore

 

Today’s AM fix was USD 1,594.50, EUR 1,293.29 and GBP 1,026 per ounce. Monday’s AM fix was USD 1,581, EUR 1,287.15 and GBP 1,020.66 per ounce.

Gold closed at $1,587.80/oz in New York yesterday after having hit an intraday high of $1,592.80/oz. Gold’s gain on the day was $4/oz, or 0.25%. Silver closed at $27.34/oz, with a $0.23/oz or a 0.85% gain.

Gold has been trading up in Asian and Europe [...]

The Effects of Increasing Global Money Supply on Gold

by GoldCore

 

The Effects of Increasing Global Money Supply on Gold

Today’s AM fix was USD 1581, EUR 1287.15 and GBP 1020.66 per ounce
Friday’s AM fix was USD 1591.75, EUR 1285.54 and GBP 1024.29 per ounce.

Gold fell by $20.60/oz in New York on Friday, closing at $1,583.80 with a small 0.93% loss on the week. Silver closed at $27.11/oz with a 1.35% loss.

Gold is little changed in Asian and European trading [...]

The Impact of Inflation and Deflation on Gold

by GoldCore

 

Today’s AM fix was USD 1591.75, EUR 1285.54 and GBP 1024.29 per ounce.
Yesterday’s AM fix was USD 1617.00, EUR 1285.37 and GBP 1032.90 per ounce.

Gold fell by $18.40 in New York yesterday compared to Tuesday’s close prior to Independence Day, and ended with a small loss of 1.13% at $1,604.40. Silver also dropped slightly, closing at $27.68. Silver is currently trading at $27.48.

Gold did not manage to stay above [...]

Gold Falls Then Ticks Higher – Spain and Italy 10 Year Over 7% and 6%

by GoldCore

 

Today’s AM fix was USD 1,623.50, EUR 1,284.52, and GBP 1,035.20 per ounce.
Friday’s AM fix was USD 1,619.00, EUR 1,289.83, and GBP 1,044.65 per ounce.

Silver is trading at $28.50/oz, €22.64/oz and £18.25/oz. Platinum is trading at $1,492.50/oz, palladium at $626.75/oz and rhodium at $1,215/oz.

Gold rose $1.90 or 0.12% on Friday in New York and closed at $1,626.20/oz resulting in a 2% gain for the week.  Gold initially rose and [...]

Iran Gold Imports Surge – 1.2 Billion USD Of Precious Metals From Turkey in April Alone

Via @GoldCore

Iran Gold Imports Surge – 1.2 Billion USD Of Precious Metals From Turkey in April Alone

Friday’s AM fix was USD 1,552.50, EUR 1,259.53, and GBP 1,015.37 per ounce.
Friday’s PM fix was USD 1,606.00, EUR 1,292.76, and GBP 1,041.76 per ounce.
Today is a holiday in the UK and the London bullion market is closed.

Silver is trading at $28.35/oz, €22.92/oz and £18.55/oz. Platinum is trading at $1,444.50/oz, palladium at $609.90/oz and rhodium [...]

Gold Rises In EUR and CHF in May and Outperforms Stocks Which Fell Sharply

by GoldCore

 

Gold’s London AM fix this morning was USD 1,552.50, EUR 1,259.53, and GBP 1,015.37 per ounce. Yesterday’s AM fix was USD 1,567.50, EUR 1,262.08, and GBP 1,010.51 per ounce.

Silver is trading at $27.45/oz, €22.36/oz and £17.99/oz. Platinum is trading at $1,398.00/oz, palladium at $598.10/oz and rhodium at $1,200/oz.

Gold lost 0.17% or $2.70 in New York yesterday and closed at $1,562.10/oz. Gold initially traded sideways in Asia then dipped and began [...]

Gold Rises $40 As Markets Fall Sharply – Safe Haven “Tipping Point”?

by GoldCore

 

Gold’s London AM fix this morning was USD, EUR, and GBP per ounce.
Yesterday’s AM fix was USD 1,548.75, EUR 1,244.98, and GBP 995.41 per ounce.

Gold rose 0.38% or $6.00 in New York yesterday and closed at $1,564.80/oz. However the 0.38% gain does not convey the positive price action. This saw gold fall initially in unison with risk assets such as equities and commodities – including oil.

Gold in USD – [...]

Gold Bubble? Demand Data Continues To Show No Bubble

by GoldCore

 

Gold’s London AM fix this morning was USD 1,555.00, EUR 1,229.44, and GBP 989.56 per ounce. Yesterday’s AM fix this morning was USD 1,575.75, EUR 1,233.95, and GBP 998.76 per ounce.

Gold fell $26.20 or 1.64% in New York yesterday and closed at $1,566.80/oz. Gold fell in Asia and those falls continued in Europe where gold has been trading in a $16 range.

Asset Class Performance Since Greek Election– Thomson Reuters

Gold edged [...]

Demand in Asia and “Semi Official Buyer of Gold” On ‘Roubini Dip’

From GoldCore:

Gold’s London AM fix this morning was USD 1,585.50, EUR 1,221.87, and GBP 984.17 per ounce. Yesterday’s AM fix was USD 1,627.00, EUR 1,250.77 and GBP 1,008.99 per ounce.

Silver is trading at $28.77/oz, €22.27/oz and £17.92/oz. Platinum is trading at $1,506.75/oz, palladium at $613.20/oz and rhodium at $1,300/oz.

Gold dropped $31.90 or 1.95% in New York yesterday and closed at $1,606.80/oz. Gold gradually fell again in Asian and European trading and [...]

Gold Bubble? “More People That Own Apple Stock Than Gold”

From GoldCore:

Gold’s London AM fix this morning was USD 1,629.50, EUR 1,240.20, and GBP 1,007.54 per ounce. Yesterday’s AM fix was USD 1,642.50, EUR 1,251.24 and GBP 1,015.90 per ounce.

Silver is trading at $29.99/oz, €22.93/oz and £18.60/oz. Platinum is trading at $1,533.50/oz, palladium at $657.40/oz and rhodium at $1,350/oz.

Gold dropped $16.50 or 1.00% in New York yesterday and closed at $1,637.10/oz. Gold gradually traded lower in Asia and in European trading.

Cross [...]

Goldman Sachs Gold ETF in India Sees 11 Fold Surge in Volume

From GoldCore:

Gold’s London AM fix this morning was USD 1,641.25, EUR 1,241.49, and GBP 1,019.54 per ounce. Yesterday’s AM fix was USD 1,638.75, EUR 1,244.68and GBP 1,014.83 per ounce.

Silver is trading at $30.94/oz, €23.41/oz and £19.21/oz. Platinum is trading at $1,551.00/oz, palladium at $669.30/oz and rhodium at $1,350/oz.

Gold rose $3.00 or 0.18% in New York yesterday and closed at $1,641.20/oz. Gold traded sideways in Asia and then ticked higher in European [...]

US Editor of The Economist: “Paper Dollar” and “Paper Euro” Will “Debase” In A “Big Way”

From GoldCore:

Gold’s London AM fix this morning was USD 1,652.00, EUR 1,255.51, and GBP 1,035.54 per ounce. Friday’s AM fix was USD 1,648.25, EUR 1,266.03 and GBP 1,040.69 per ounce.

Silver is trading at $31.72/oz, €24.15/oz and £19.88/oz. Platinum is trading at $1,568.68/oz, palladium at $650.20/oz and rhodium at $1,350/oz.

Cross Currency Table – (Bloomberg)

In volatile trade in New York yesterday, gold rose sharply prior to falling and ended $4.40 lower or 0.27% [...]

GoldeCore: Gold Rises and Silver Surges In Q1 2012 – Fiat Currency Devaluation Continues

From GoldeCore:

Gold’s London AM fix this morning was USD 1,660.75, EUR 1,245.31, and GBP 1,038.68 per ounce.

Yesterday’s AM fix was USD 1,655.75, EUR 1,245.86 and GBP 1,041.22 per ounce.

Gold fell $3.00/oz or 0.18% in New York yesterday and closed at $1,660.10/oz. Gold traded sideways in Asia prior to seeing a slight climb to $1,665.55/oz in late Asian trading and is now trading in Europe near $1,662.65/oz.

Currency Ranked Returns – Q12012 [...]

Gold Nears $1,700/oz After Bernanke QE Hints, OECD $1.3 Trillion Eurozone ‘Firewall’ and Despite Indian Gold Strike

From GoldCore:

Gold Nears $1,700/oz After Bernanke QE Hints, OECD $1.3 Trillion Eurozone ‘Firewall’ and Despite Indian Gold Strike

Gold’s London AM fix this morning was USD 1,694.00, EUR 1,266.54, and GBP 1,059.55 per ounce.
Yesterday’s AM fix was USD 1,658.00, EUR 1,255.02 and GBP 1,047.91 per ounce.

Gold rose 1.76% in New York yesterday and closed at $1,693.47/oz. Gold traded sideways during Asian trading and then buying in Europe drove it to over [...]