Articles by Ben Traynor
Ben Traynor is the Editor (Gold News) at Bullion Vault.
Precious Metals Hit 3-Week Lows
Wholesale gold bullion prices fell to three week lows around $1410 an ounce Wednesday, as European stock markets ticked higher, reversing earlier losses following disappointing Eurozone growth data.
Gold in Euros fell as low as €1094 an …
Strong Dollar Hard on Precious Metals
Spot Gold fell towards three-week lows Tuesday, dropping as low as $1423 per ounce, as the Euro also fell against the Dollar after comments from those attending today’s Eurozone finance ministers’ meeting appeared to show …
Gold Could Retest $1322 Low
Spot market gold bullion prices fell to two-week lows Friday, drifting lower towards $1,440 an ounce during this morning’s London session before dropping sharply through that level, as stocks gained and most commodities fell as the Dollar …
ETF Selling “Key Downside Risk”
Wholesale gold market prices fell to $1,460 an ounce Tuesday morning, around ten Dollars lower than where it closed last week, as the FTSE in London ticked higher following yesterday’s UK bank holiday.
Other European stock markets …
Gold “Supported” from Retail Demand
Gold started the week by edging higher Monday, trading around $1475 per ounce by lunchtime in London, as stocks also gained, US Treasuries were broadly flat and the Euro edged higher against the Dollar following …
Gold’s Action Dominated by Retail Buying
Wholesale gold prices rose back above $1430 per ounce Monday morning for the first time since last Monday’s price drop, amid reports of strong buying in Asia, while stocks gained and US Treasuries fell.
Silver meantime ticked higher …
Asia “Buys the Dip” in Gold, Western Physical Demand Also Jumps
Wholesale prices for buying gold climbed briefly above $1400 an ounce Thursday morning, having bounced from a $50-an-ounce drop overnight, with dealers reporting strong demand for physical bullion in Asia.
In Hong Kong and Macau, the …
Sentiment “Less Bullish” Towards Gold, Goldman Sachs
After touching a one-week high yesterday, gold drifted lower Wednesday, ending London’s morning trading around $1580 an ounce, more-or-less where it started the week, while stocks gained and government bond prices fell.
Gold in Sterling was also …
Interest in Gold “Disappears” as North Korea Tensions Rise
U.S. dollar prices to buy gold dipped back below $1600 an ounce Tuesday morning, though they remained close to that level by lunchtime in London, as the physical bullion market re-opened following the Easter break.
Stock markets edged …
Stronger Economy “Means Investors Lack Reason to Add to Gold Holdings”
U.S. dollar prices to buy gold dipped back below $1600 per ounce Tuesday morning in London, though it remained above yesterday’s low hit following news of the Cyprus bailout, while stocks and commodities were broadly flat and US …
