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Spot Gold Prices – Daily Gold Chart 5th June 2009

The spot gold price resumed its upwards trend, recouping much of the previous day’s losses as investors re-entered the market on speculation that gold is moving back towards the $1000 level and that the commodity market offers a degree of certainty currently absent from other...

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Spot Gold Prices – Daily Gold Chart 1st June 2009

Generalised and increasing US dollar weakness continues to drive the spot gold price ever higher as it touched $980.17 per ounce last Friday.  Whilst this inverse correlation always boosts the price of gold other factors such as inflation fears and worries about the US’s fiscal...

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Spot Gold Daily Chart – 21st May 2009

With the euro achieving its strongest level against the US dollar since January spot gold prices closed dramatically higher as investors begin to return to commodities not for a better return but also because of worries about future inflation.  In addition the inverse correlation between...

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