Archive for the 'Market Updates' Category

Jun 18 2008

Gold Investments Market Update - Royal Bank Of Scotland Issues Crash Alert and BIS Warns of Great Depression

Published by Mark O'Byrne under Market Updates

Gold
Gold closed at $884.20 in New York yesterday and was up $1.00; silver closed at $17.05, down 19 cents. Since then gold has again traded in a range between $880 and $890 in Asian and early European trading this morning.
Gold remains firm after the poor economic data from the U.S. yesterday which showed that housing [...]

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Jun 17 2008

Gold Investments Market Update - Bank of England Warns Inflation Here to Stay and to Accelerate

Published by Mark O'Byrne under Market Updates

Gold
Gold closed at $883.20 in New York yesterday and was up $13.30;silver closed at $17.24 up 67 cents. Gold traded in a range between $880 and $890 in Asian and European trading this morning prior to selling off at the open on the NYMEX.
With oil selling off and the dollar stronger versus the euro today, [...]

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Jun 13 2008

Gold Investments Market Update

Published by Mark O'Byrne under Market Updates

Gold
Gold closed at $869.50 in New York and was down $10.50; silver closed at $16.48 down 29 cents. Gold rallied initially in Asia but has subsequently given up those gains and has fallen in Asia overnight and in early European trading this morning.
More of the same in the gold market today with gold taking its [...]

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Jun 12 2008

Gold Investments Market Update - Gold Remains Fringe and the Preserve of the Smart Money

Published by Mark O'Byrne under Market Updates

Gold
Gold closed at $881.00 in New York and was up $13.20; silver closed at $16.84, up 27 cents. Gold has subsequently given up some of yesterday’s gains and has fallen in Asia overnight and in early European trading this morning.
Gold is again taking its cue from oil which is down and the dollar which is [...]

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Jun 11 2008

Gold Investments Market Update

Published by Mark O'Byrne under Market Updates

Gold
Gold closed at $867.80 in New York and was down $27; silver closed at $16.57 down 58 cents. Gold has risen in Asia overnight and in early European trading this morning is up some 0.5%. Further consolidation between $850 and $950 is needed and the 200 day moving average at $855 is likely to provide [...]

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