GoldMoney News Desk

The US dollar continued to lose ground this week, contributing to a firmer trend for precious metals. Gold rose over $40 to $1223 and silver by $1.13 to $17.45, though prices initially opened a little...

The prices of gold and silver initially rallied this week from the lows of $1170 and $15.93 respectively last Friday to challenge the $1200 level for gold and $16.70 for silver on Wednesday, before...

This week started with a sharp bear squeeze, which took gold from $1178 to $1214 and silver from $15.70 to $16.71.These higher prices on Wednesday proved to be the peak for both metals, before they...

Precious metals continued their consolidation this week, with gold drifting off $10 to $1195 as of last night and silver by $0.42 to $15.85. Intra-day trading ranges are relatively tight with buyers...

It has been a week of net selling at GoldMoney with gold dancing around the USD 1,200 mark all week, a price that is a psychological benchmark in the market.Customer activity Most of GoldMoney's...

Precious metal prices were broadly unchanged this week, confined to a tight trading range of $1210 to $1185 for gold and $16.60 to $16.00 for silver. There were several attempts by sellers to force...

This week started well for gold and silver, but it turned out that the peak for both was on Easter Monday, since then, prices have drifted lower. The news event that initially drove prices higher was...

Gold priced in dollars hardly changed over the first quarter of 2015, but silver performed strongly, up 7%. In generally choppy markets across all asset classes silver was bettered only by the Nikkei...

Following the release of the Federal Open Market Committee (FOMC) minutes last week, gold and silver have come alive, the gold price rising from a low of $1147 on 18th March to $1200 this morning and...

This week has been all about currencies, with a weak euro grabbing the headlines.At one point yesterday morning, the euro was 3% down from last Friday's close, hitting a 12-year low against the US...

The US dollar eased this week when Janet Yellen of the Fed gave her semi-annual report on monetary policy to Congress.It was no surprise that Ms Yellen hinted at caution over interest rates due to...

In last Friday's Market Update I commented that it is easy for bullion banks with deep pockets to move markets and change sentiment.This week's trading in precious metals was a text-book example, with...

This week precious metals continued to consolidate January's gains in volatile financial markets, with both gold and silver range-bound. Platinum and palladium are up on the week, noticeably stronger...

Gold and silver prices consolidated recent gains this week, both having become overbought short-term, and they now appear to be building a base before an attempt to convincingly attack higher ground,...

It was a quieter week for GoldMoney customers ahead of the Federal Reserve Open Market Committee (FOMC) meeting on Wednesday, although activity increased slightly after with a marked change in...

It was a well anticipated rise for the gold price following confirmation from the European Central Bank that it is to start quantative easing, and the increase in interest has been reflected at...