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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 – Gold Prices Today 6th May 2009

A mixed picture in spot gold yesterday with prices initially moving higher on the back of equities and supported by renewed worries about inflation, a weaker dollar, rumours that China is continuing to add to its gold reserves and, of course, nervous anticipation of the...

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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 Price – Gold Chart 29th April 2009

Reasons for yesterday’s sell off in spot gold prices range from worries about swine flu, technical selling as stops were triggered once the price fell below the $900 per ounce price point, struggling sales in India – gold buying for this year’s Akshaya Tritiya festival...

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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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