The Gold Blog

Shortages of certain bullion products is possibly the most important issue facing the gold and silver markets today.
The sole maker of South African Krugerrands, Rand Refinery Ltd., largest gold refinery in the world, today ran out of the iconic bullion coin after an ‘unusually large’ order from an unnamed buyer in Switzerland.
Rand Refinery has [...]

Gold
Gold has flatlined and is marginally higher this morning with the dollar marginally lower and oil marginally higher on continuing concerns about the possible impact of tropical storm Gustav.
Gold has been gradually edging higher for the last two weeks and appears to be ready to rally in the seasonally strong autumn months due to the [...]

Gold
Dollar weakness, firm oil and continuing tension in the Caucasus are leading to gold remaining well bid this morning. Warnings from NATO to Russia to stay out of Ukraine and calls for the European Union to be ready for “hard headed engagement” with Moscow are not doing much to help confidence in already nervous markets.

Besides [...]

Gold
Gold finished trading in New York yesterday at $822.40, up $3.10 and silver was up 22 cents to $13.58. Gold and silver rallied in Asian and in early European trading this morning. Gold is trading at $832.30/832.70 per ounce (1100 GMT).
Gold is showing strength again with the dollar giving up yesterday’s gains (above EUR/USD 1.472 [...]

Gold
Gold finished trading in New York on Friday at $819.30, down $7.60 and silver was down 14 cents to $13.36. Gold and silver traded sideways in Asian trading prior to a sell off in early European trading this morning. Gold is trading at $811.30/811.70 per ounce (1030 GMT).
Gold has fallen this morning on a sharply [...]