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Gold Spot Price – Gold Chart 8th May 2009

Yesterday’s strong move upwards in spot gold prices in the morning, failed to follow through in the afternoon and evening session as the spot gold market absorbed all the various items of fundamental news and investors took the opportunity to take some profits ahead of...

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Spot Gold – Daily Gold Prices 30th April 2009

Spot gold moved higher yesterday on the back of a weaker US dollar and a continued strengthening in crude oil prices, gaining $3.71 to settle at $894.31/oz, but failing to capitalise on the flight to quality, as equity markets strengthened, capping any gains in later...

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Spot Gold Prices – Gold Chart 23rd April 2009

Continuing worries in the financial sector and nervousness about the forthcoming results of the bank stress tests combined with a lower dollar all helped the spot gold price to move higher yesterday.  Gold prices were also given a boost by some short covering and inflation...

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Online Gold Trading for 20th April 2009

The sell off in gold continued last Friday as risk appetite increased with the market now seeming to think that the worst of this  financial crisis may be coming to an end and the earning season, so far, not producing the dire results that many...

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Gold Prices – Gold Chart 15th April 2009

From a technical perspective, yesterday’s gold trading, provided a narrow spread down candle with small wicks to the top and bottom and suggestive of a spinning top, closing the session between the 9 day and 14 day moving averages. More significantly gold prices failed to...

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