London Gold Market Report from Ben Traynor BullionVault Wednesday 29 February 2012, 08:30 EST WHOLESALE MARKET gold bullion prices hovered around $1785 an ounce Wednesday morning London time, while stocks and commodities were also broadly flat following the European Central Bank’s latest attempt to boost the liquidity held by the continent’s banks. Silver bullion meantime hit $37.36 …
Archive | February, 2012
Silver Hits 5-Month High with Gold “In Consolidation Period”, Eurozone Leaders Put Off Making Decision on Bailout Fund
London Gold Market Report from Ben Traynor BullionVault Tuesday 28 February 2012, 08:30 EST SPOT MARKET gold prices climbed to $1781 an ounce Tuesday lunchtime in London – 0.3% off last week’s high – while stock markets gained along with the Euro, as European leaders postponed a decision on whether to increase the size of the …
What To Expect in the Final Week Of February for Precious Metals, Gold Stocks & Dollar
By Chris Vermeulen – Free Weekly ETF Reports & Analysis: www.GoldAndOilGuy.com This morning we are seeing the US Dollar index move higher retesting a short term breakdown resistance level. What this means is that the dollar fell below support and is not slowing drifting back up to test the breakdown level. As we all know …
Precious Metals “Under Pressure” as Investors and Traders “Take Breather” and G20 “Adds to Risk Anxiety” by Putting Onus on Germany to Solve Crisis
London Gold Market Report from Ben Traynor BullionVault Monday 27 February 2012, 08:30 EST U.S. DOLLARprices for buying gold dropped to $1764 an ounce Monday morning London time – a 0.5% fall from Friday’s close – while stocks, commodities and the Euro all lost ground. Germany’s DAX index was down 1.1% by lunchtime, after G20 finance …
Currency Futures Speculators added to USD long positions last week. Yen bets drop for 3rd week
By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators added to their overall US dollar long positions last week for a second consecutive week while Euro short positions dipped slightly. Non-commercial futures traders, including hedge funds and large speculators, increased …
Forex Market Insight: EUR/USD Rallies…Why?
Elliott wave patterns suggested a bullish reversal a day before the rally By Elliott Wave International On February 16, EUR/USD, the euro-dollar exchange rate and the most actively traded forex pair, surged over 170 pips, from below $1.30 to above $1.3150. The explanations for the strong rally boiled down to “hopes” that the Greek bond-swap …
Silver & Gold Looking at Gains on Week Despite “Dull Markets” and “Muted Demand” in India and China
London Gold Market Report from Ben Traynor BullionVault Friday 24 February 2012, 08:30 EST U.S. DOLLAR gold bullion prices held steady around $1780 an ounce Friday morning London time, having fallen slightly from yesterday’s 3-month high. Silver bullion meantime hit its highest level since September, rising to $35.74 per ounce just after London opened. “Silver has finally broken …
EWI’s FOREX FreeWeek is now on: Get Charts, Analysis and Forecasts for the Dollar, Euro, Yen and more…
Get Charts, Analysis and Forecasts for the Dollar, Euro, Yen and more… Elliott Wave International have just announced the beginning of their popular FreeWeek event, where they throw open the doors for you to test-drive some of their most popular premium services — at ZERO cost to you. You can access all the charts, …
Gold Jumps to 3-Month High on Options Expiry, Euro Oil Price Hits New All-Time Record
London Gold Market Report from Adrian Ash BullionVault Thurs 23 Feb., 09:15 EST The PRICE of PRECIOUS METALS rose further Thursday morning in London, pushing higher from last night’s sharp jump in New York, with Dollar-priced gold trading at its highest level since mid-November above $1780 per ounce. Physical gold holdings backing the giant SPDR …
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