About contributor

Author Archive | contributor

“Bearish” Gold Hits 4-Month Low as Markets Fear Greek “Knock-On Effects”

London Gold Market Report from Ben Traynor BullionVault Wednesday 9 May 2012, 08:00 EDT SPOT MARKET gold bullion prices fell to their lowest level in four months during Wednesday morning’s London trading, hitting $1581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and US Treasuries …

Read full story Comments { 0 }

Silver Falls to Lowest Since January, China and India Could Offer “Key Support” for Gold

London Gold Market Report from Ben Traynor BullionVault Tuesday 8 May 2012, 07:45 EDT WHOLESALE MARKET gold prices fell to $1625 an ounce during Tuesday morning’s London trading – their lowest level in over a fortnight – as stocks and commodities also ticked lower and the Dollar extended recent gains, with markets still digesting the weekend’s …

Read full story Comments { 0 }

The Dollar and Manipulation Control the Market

By Chris Vermeulen, GoldAndOilGuy.com Over the weekend I had an interesting conversation with a local trader. We typically meet a few times a year to share our market outlooks, new trading tools and techniques, and usually finish our session off in a debate about the US market manipulation and how to trade around it. Talking …

Read full story Comments { 0 }

The Dollar & Gold Have Eyes on Europe

By JW Jones – www.OptionsTradingSignals.com Friday saw heavy selling pressure coming into risk assets, specifically equities and oil. However, the real driving force behind the selling pressure is likely the result of several unrelated economic/geopolitical events. Clearly the unemployment report had an impact on price action, but strangely enough it would appear to those more …

Read full story Comments { 0 }

Gold Rallies Following Disappointing Nonfarm Jobs Data, Gold in Pounds Touches Lowest Level This Year, Fed Interest Rates “Too Low” by Taylor Rule

London Gold Market Report from Ben Traynor BullionVault Friday 4 May 2012, 09:00 EDT U.S. DOLLAR gold prices rallied to $1640 an ounce Friday, following the release of disappointing US nonfarm jobs data, though they remained more than 1% down on last Friday’s close. Silver prices also spiked higher, touching $30.19 per ounce – still 3.4% down …

Read full story Comments { 0 }

Gold “Lackluster” in “Calm Before Storm” as Record-High Rupee Prices Boost Indian Speculation, Dent Physical Demand

London Gold Market Report from Adrian Ash BullionVault Thurs 3 May, 08:50 EST THE PRICE OF GOLD in wholesale trading slipped to a new 1-week low at $1640 per ounce in London on Thursday as the US Dollar rose and crude oil slipped again. Ahead of Friday’s much-anticipated US Non-Farm Payrolls report for April, weekly …

Read full story Comments { 0 }

Gold Down in Dollars, Up in Euros, “Anemic” US Economy Misses Bernanke Jobs Target

London Gold Market Report from Ben Traynor BullionVault Wednesday May 2012, 08:30 EDT THE SPOT MARKET gold price rallied to $1658 an ounce ahead of Wednesday’s US trading, following the release of disappointing US jobs data – though gold in Dollars remained down on the week so far. The ADP National Employment Report shows the US …

Read full story Comments { 0 }

Indian Gold Interest “Anemic” as Rupee Prices Hit All-Time High, But “Gradually Higher Inflation” Risk Means Portfolios Need “More Real Assets”

London Gold Market Report from Ben Traynor BullionVault Tuesday 1 May 2012, 08:45 EDT WHOLESALE MARKET prices for buying gold climbed above $1670 an ounce for the first time in over a fortnight Tuesday lunchtime in London, while stocks and commodities were broadly flat, with the main European markets except London closed for the May 1 holiday. …

Read full story Comments { 0 }

Physical Bullion Demand Giving “No Support”, S&P Downgrades Spanish Banks, French and German Politicians “Moving to the Right”

London Gold Market Report from Ben Traynor BullionVault Monday 30 April 2012, 08.00 EDT SPOT MARKET gold bullion prices held above $1660 an ounce during Monday’s morning trading London – holding on to gains from last week of 1.1% – while stock markets ticked lower, commodities were broadly flat and US and German government bonds gained …

Read full story Comments { 0 }