Adrian Ash – Bullion.Directory

Silver Tries 7-Year Weekly High

Bullion Directory — Fri, 11 Jun 2021 15:04:25 +0000

GOLD and SILVER split on Friday, with the yellow metal failing yet again to hold above $1900 per ounce as its more industrially-useful cousin set its highest weekly close since last August's 7-year high.

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Gold Falls on Crypto Inflation Plunge

Bullion Directory — Thu, 13 May 2021 15:34:01 +0000

GOLD PRICES hit and rallied from 1-week lows Thursday in London, falling within $10 per ounce of $1800 as crypto currencies sank and global stock markets extended yesterday's steep drop on Wall Street following news of the strongest 'core' inflation in the USA for 25 years.

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Gold Outruns Silver as East Asia Tensions Rise

Bullion Directory — Thu, 25 Mar 2021 15:52:26 +0000

GOLD PRICES popped higher but silver struggled to follow Thursday lunchtime in London after new US data said the world's largest economy grew a little faster than previously estimated at the end of 2020 but only thanks to a slowdown in price inflation.

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Gold’s Powell Pop Erased on Inflation Forecasts

Bullion Directory — Thu, 18 Mar 2021 15:46:59 +0000

GOLD PRICES struggled to show any change for the week so far Thursday afternoon in London, erasing yesterday's $30 pop as government bonds resumed their plunge, driving longer-term interest rates higher despite the US Federal Reserve vowing to continue its zero-rate and massive QE policies in the face of surging inflation expectations.

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Gold Erases Gains But Silver Stands Firm

Bullion Directory — Fri, 12 Mar 2021 17:10:27 +0000

GOLD erased the last of this week's earlier 2.4% rally in London trade Friday, moving back to $1705 per ounce as silver held 1.3% firmer and platinum prices showed a 4.6% weekly gain.

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Further Gold Rebound on US Stimulus

Bullion Directory — Thu, 11 Mar 2021 17:05:53 +0000

GOLD PRICES traded near 1-week highs after rising and then slipping $10 from $1740 per ounce in London trade Thursday, and bullion reached the highest so far in March for Euro investors as longer-term interest rates retreated further from this month's spike after the European Central Bank vowed to raise the pace of its government bond purchases to ensure "favourable financing conditions".

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Gold Drops Below $1800 as Bonds Keep Rising

Bullion Directory — Wed, 24 Feb 2021 15:28:47 +0000

GOLD PRICES slipped back below $1800 per ounce Wednesday as longer-term interest rates rose further on government bonds, hitting new multi-month and multi-year highs for rich Western economies' borrowing costs as new US President Joe Biden pushes for $1.9 trillion in Covid relief and stimulus.

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GLD Bleeds Metal as Bullion Holds $1800

Bullion Directory — Tue, 23 Feb 2021 15:21:41 +0000

FRESH outflows from gold-backed ETFs failed to stop the metal holding above what traders called the "psychological $1800 level" in Asian and London trade Tuesday, defying yet more investment liquidation as longer-term interest rates reach multi-year highs

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Silver Spikes to $30 as “WallStreetBets” Latest Target

Bullion Directory — Mon, 01 Feb 2021 16:45:06 +0000

SILVER surged Monday morning towards 8-year highs at $30 per ounce after "the call-to-arms" on Reddit brought record new interest to precious metals

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‘Reddit Ramp’ Drives Gold/Silver Ratio to 4-Year Low

Bullion Directory — Fri, 29 Jan 2021 15:05:47 +0000

GOLD PRICED in terms of sister metal silver fell near its cheapest in 4 years in London's bullion market Friday, despite rising near 3-week highs of its own in the aftermath of silver's dramatic jump after users of the Reddit chatroom called on other readers to buy shares in the cheaper precious metal's largest ETF trust.

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