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 | Mark O'Byrne - gold.ie |
A beginner's guide to investing in Gold  |
One’s motivation for buying gold is fundamental to deciding in which form you should buy it. Are you a speculator, investor or saver? Do you wish to take a short term speculative position in gold? Are you investing for the short, medium or long term? Or are you diversifying, saving or using gold as a form of financial insurance?Wednesday, March 3, 2021 |
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| Bullion Vault |
Gold Bullion Gains Extend ETF Growth as Inflation Worries Hit 'Even the Yellen Fed' |
GOLD BULLION held around $1240 per ounce in London trade Thursday, retaining its 3-month high as commodity markets pushed towards new 18-month records.
With energy costs
already driving up headline inflation rates worldwide, Brent crude oil today rose above $55 per barrel as Nymex natural gas contracts traded 90% above their price of this time last year.
Silver bullion held firm witTuesday, January 12, 2021 |
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| Bullion Vault |
Gold Price Unmoved, Hits 5-Week Low vs GBP as US Backs UK Over Russian Spy Attack |
GOLD PRICES were unmoved Thursday by worsening tensions between Nato and Russia over the poisoning in Britain of a former spy, holding $5 below last week's finish to trade at $1318 per ounce as world stock markets also held flat overall.
Silver also slipped, trading 1% down for the week so far at $16.43 as major Western bond prices rose, edging interest rates down.
Russian bond yields rose as MoFriday, March 16, 2018 |
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 | Adrian Ash - Bullion Vault |
10 Years of 4-Figure Gold |
Spot gold prices first broke $1000 per ounce 14 March 2008...
IN FACT the world's first ever $1000 gold deal had happened the day before,
writes Adrian Ash at BullionVault.
Thursday 13 March 2008 – a day earlier than the wholesale 'spot' gold price finally popped above $1000 per ounce – saw a customer of BullionVault offer the five ounces of gold he held in secure, insurThursday, March 15, 2018 |
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| Bullion Vault |
Gold Prices Fall vs Sterling, Moscow Equities Drop as UK-Russia Tensions Worsen |
GOLD PRICES spiked to a 1-week high before retreating against a volatile US Dollar in London trade Wednesday as Russia promised retailiation over the UK expelling 23 diplomats as "undeclared intelligence officers" following the poisoning of a former spy with toxic nerve agent.
The UK also said it is
tightening checks on Russian state-owned assets in Britian, and the Royal family will not attend this summer's football World Cup, but Thursday, March 15, 2018 |
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| Bullion Vault |
Gold Price Spikes vs. Dollar as Trump Sacks Tillerson 'Cos of Russia', Inflation Rises |
GOLD PRICES leapt against a sinking Dollar on Tuesday but quickly fell back after US consumer prices showed the fastest inflation in 6 months and US President Donald Trump sacked his Secretary of State Rex Tillerson with a tweet, one day after Tillerson called Russia "a force for instability in the world."
Trump had tweeted overnight that the House Intelligence Committee "
found no evidence of collusion or coordination" between his 2Wednesday, March 14, 2018 |
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| Bullion Vault |
Gold Prices Fall, Silver Spec's Still Bearish as Attention Turns to the Fed |
GOLD PRICES started the week lower against a falling US Dollar on Monday, while equity markets surged after Friday's strong US job data eased fears of inflation,
writes Steffen Grosshauser at BullionVault.
With the US central bank expected to hike interest rates at its March meeting next week, gold fell 0.5% even as the Dollar dropped on the FX market, touching what technical analysts called "nearby support" at $1317 per ounce afterTuesday, March 13, 2018 |
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| Bullion Vault |
Gold Prices Bounce After N.Korea 'Dotard-Rocket Man' Drop as US Job Growth Leaps |
GOLD PRICES bounced late-Friday to end the week unchanged per ounce after the United States reported the strongest jobs growth in 19 months.
Rallying to $1323 as London trade ended, the gold price had earlier slipped to 7-session lows at $1314 after Donald Trump became the first US president to announce a meeting with the leader of Stalinist dictatorship North Korea.
The Bureau of Labor StatistiSaturday, March 10, 2018 |
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 | Adrian Ash - Bullion Vault |
China's 2018 Gold Buying: Half-Empty, Half-Full |
Analysts split on China's demand as gold jewelry tastes change...
LEADING ANALYSTS are split over the prospects for China's private gold buying in 2018, as a "healthy outlook" from one consultancy contrasts with a "tough year in store" from another.
"China's gold demand is likely to have peaked in 2013," says
Thomson Reuters GFMS, "and is very unlikely to return to thoseFriday, March 9, 2018 |
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| Bullion Vault |
Gold and Silver Trading Down to New Euro Lows as ECB Cuts 42 Words on QE |
GOLD and SILVER TRADING in London's wholesale bullion market saw prices hold firm in everything but the single Euro currency on Thursday as the European Central Bank dropped a commitment to boost its QE stimulus if the economic or financial outlook worsens.
Platinum prices also fell hard against the Euro as the ECB cut
42 words first used in March 2016 from its monetary policy statement.
Friday, March 9, 2018 |
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| Bullion Vault |
'Red Hot' US Jobs Data See Gold Bullion Lose 1-Week High as 'Trade War' Hits Yen, Beijing |
GOLD BULLION slipped against a weakening Dollar in London trade Wednesday, retreating $10 from a 1-week high at $1340 per ounce as talk of a global 'trade war' spurred by US President Donald Trump grew yet again following the resignation of his top economic advisor, Gary Cohn.
After new data showed US factory orders falling steeper than expected in January, private-sector payrolls provider ADP today said the world's largest economy added more joThursday, March 8, 2018 |
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| Bullion Vault |
Gold Price Rallies vs Weaker Dollar as EU Retaliates in US Trade War |
GOLD PRICES rose against a weakening Dollar in London trade Tuesday, regaining last week's 0.5% loss to reach $1329 per ounce but slipping in Euro and Sterling terms as talk of a "trade war" between the US and Europe grew.
After US President Donald
Trump last week proposed new US tariffs on steel and aluminum imports, "We are looking at possibilities to retaliate," the EU Commissioner for Trade
told the BBC, "[with] taxTuesday, March 6, 2018 |
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| Bullion Vault |
Silver Hit by Heaviest Bearish Betting in 15 Years, Gold Prices Unmoved by Italy's 'Messy' Election |
GOLD PRICES held onto last week's closing level Monday morning in London as the weekend's national elections in Italy – the Eurozone's third largest economy – gave no clear winner overall,
writes Steffen Grosshauser at BullionVault.
Analysts and traders were further worried by US President Donald Trump's open declaration of
a "trade war", with commodity prices slipping and major government bonds rising.
Tuesday, March 6, 2018 |
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| Bullion Vault |
Gold Prices Sink vs. Yen, Jump in USD as Trump Declares ‘Trade War’ |
GOLD PRICES whipped amid sharp currency swings on Friday as global stock markets fell hard after US President Donald Trump defended plans for stiff tariffs on imports of steel and aluminum into the world's No.1 economy by declaring that "trade wars are good".
Proposing 25% tariffs on imports of steel and 10% on aluminum last night, "When we are down $100 billion with a certain country and they get cute, don't trade anymore," Trump tweeted on Friday morning.
Having erased Saturday, March 3, 2018 |
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| Bullion Vault |
Gold Flirts with $1300 on Solid US, Euro Inflation Data But China's Demand to Buy Supports |
BUY GOLD prices in London's wholesale market erased the last of 2018's previous 4.9% gain on Thursday, falling back near $1300 per ounce after new US inflation data came in stronger than analysts forecast.
The PCE measure of US
consumer costs rose 1.7% in January from the same month last year, the Bureau of Economic Analysis reported, holding the same pace of inflation as December.
Friday, March 2, 2018 |
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| Bullion Vault |
Gold Prices Steady from Powell's Fed Rate Forecast, Platinum Up 6 for 2018 Despite 'Death Knell for Diesel' |
GOLD PRICES steadied at multi-week lows on Wednesday as the Dollar paused its gains but world stock markets followed Wall Street lower after new Federal Reserve chair Jerome Powell told US lawmakers to expect further interest rate hikes.
Extending its sharpest 1-week drop of 2018 to date, gold fell another $20 per ounce between Tuesday morning and the end of London trade yesterday, bouncing off a 2-week low of $1314 overnight.
Thursday, March 1, 2018 |
|
 | Adrian Ash - Bullion Vault |
5 Facts About Silver Investing in 2018 |
What do the Comex silver bears know...?
YOU MIGHT think hedge fund traders have called it right so far in 2018 on silver investing,
writes Adrian Ash at BullionVault.
As a group, the 'Managed Money' category of traders betting on Comex silver contracts stayed bearish overall in mid-to-late February, having turned against the metal in December for the first time since JulWednesday, February 28, 2018 |
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| Bullion Vault |
Gold Price Falls as Fed's Powell Speaks, US Data Miss Badly, Euro Confidence 'Elevated' |
GOLD PRICES fell as new US Fed chair Jerome Powell began his first testimony to lawmakers on Tuesday, retreating to last week's closing level as the US Dollar rallied from a fresh drop on the currency market.
New data meantime missed analyst forecasts, showing the US trade deficit in goods widening badly even as orders for larger domestic applicances and other durable goods
sank 3.7% from the month before, led by a hard drop in vehiTuesday, February 27, 2018 |
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| Bullion Vault |
Gold Prices Rally from Hard ... |
GOLD PRICES regained half of last week's losses on Monday morning in London as the US Dollar inched down ahead of US inflation data and the new Fed chief Jerome Powell's first congressional testimony,
writes Steffen Grosshauser at BullionVault.
Federal Reserve chairman Jerome Powell will speak about US monetary policy before the House Financial Services Committee on Tuesday and the Senate Banking Committee on Thursday.
Monday, February 26, 2018 |
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| Bullion Vault |
Gold Bullion Hits Worst 1-Week Dollar Price Drop of 2018, Turkey-US Tensions Worsen in Syria |
GOLD PRICES in the global wholesale center of London headed for the steepest 1-week drop of 2018 so far on Friday, holding a 1.7% loss against a stronger US Dollar as major government bond prices edged higher again from this month's sharp sell-off, nudging interest rates down.
Failing to set a 4-year weekly closing high last Friday above $1354, gold prices today held around $1329 per ounce as the US Dollar retained most of this week's rally on tSaturday, February 24, 2018 |
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