Gold Surges To All Time Record Highs At $1,974/oz In Australian Dollars

Gold Surges To All Time Record Highs At $1,974/oz In Australian Dollars

] GoldCore NoteGold is lower in dollars today despite increasingly dovish signals from the Federal Reserve, ECB, Australian central bank and other central banks as economies slow. Gold has surged higher in Australian dollars again this week and reached a new all time record high in the Aussie dollar yesterday at $1,974/oz. This is due … Read more

Gold At 6 Year Highs and Set For 7th Weekly Gain, Longest Stretch of Gains in 8 Years

Gold At 6 Year Highs and Set For 7th Weekly Gain, Longest Stretch of Gains in 8 Years

] by Bloomberg News Non-farm payrolls could provide clues on the Fed’s next move Gold bullion set for seventh weekly gain as looser policy expected Should put more than ‘5%-10% of your portfolio in gold’ today Gold is headed for the longest stretch of weekly gains since 2011 as investors count down to the release … Read more

Gold Surges To $1,475/oz and All Time Record Highs In Pounds, Yen, Canadian and Australian Dollars

Gold Surges To $1,475/oz and All Time Record Highs In Pounds, Yen, Canadian and Australian Dollars

] Gold prices have surged in dollars and all currencies due to the escalation in the trade wars and a return to currency wars between China and the U.S. Gold in USD – 10 Years – GoldCore.com Gold surged as much as 2% in dollars yesterday and has consolidated on those gains today. It is … Read more

Gold At 2013 Highs Of $1,523/oz As Trump Calls The Fed “Clueless” and “Crazy” and Links Trade Wars to Hong Kong

Gold At 2013 Highs Of $1,523/oz As Trump Calls The Fed “Clueless” and “Crazy” and Links Trade Wars to Hong Kong

] * Gold prices consolidated today, after gold gained nearly 1% yesterday on safe-haven buying as stocks globally fell yesterday and today. * The historic drop in long-term U.S. bond yields could portend a global recession which is impacting risk assets and seeing investors diversify into gold. * China has curbed gold imports according to … Read more

Gold Reaches New Record Highs In GBP at £1,272 and EUR at €1,399 as Johnson Suspends UK Parliament

Gold Reaches New Record Highs In GBP at £1,272 and EUR at €1,399 as Johnson Suspends UK Parliament

] * UK political chaos, Brexit concerns and flight to safety propel gold in sterling and euros to new record nominal highs * Gold priced in sterling and euros soared to record highs today at £1,272 and €1,399 per ounce, spurred by increasing fears of a disorderly British exit from the European Union as PM … Read more

Gold At New Record Highs In Pounds and Euros – £1,280/oz and €1,400/oz – On Brexit and Economic Concerns

Gold At New Record Highs In Pounds and Euros – £1,280/oz and €1,400/oz – On Brexit and Economic Concerns

] * Gold in sterling and euros have reached new record nominal highs of £1,279.46/oz and €1,401.60/oz respectively this morning (see charts below) * Gold priced in sterling and euros soared to record highs due to political turmoil in the UK, increasing concerns about a disorderly UK exit from the EU and the slowing UK … Read more

Gold At Record Highs In Euros on Concerns regarding the Euro zone and Global Economy as Virus Spreads

Gold At Record Highs In Euros on Concerns regarding the Euro zone and Global Economy as Virus Spreads

] ◆ Gold has risen to new all time record highs in euros at €1,437/oz today due to safe haven demand due to concerns about the Euro zone and the global economy ◆ Gold is consolidating near all time record highs in sterling at £1,210/oz and at seven year highs in dollars at $1,590/oz ◆ … Read more

Gold Consolidates Near All Time Highs in Euros; Set For Weekly Gain and Monthly Gain Of 4% In USD

Gold Consolidates Near All Time Highs in Euros; Set For Weekly Gain and Monthly Gain Of 4% In USD

] Gold in EUR – 5 Years (GoldCore,com) ◆ Gold has rallied 0.4% to $1,581.70/oz today and is at £1,204.60/oz and €1,431/oz, very close to the all time record high in euros seen on January 8th ◆ Concerns about the coronavirus are leading to risk aversion which is impacting economically sensitive, risk assets in the … Read more

Gold Consolidates Near Six Year Record Highs At $1574/oz; WHO’s ‘Tip of the Iceberg’ Virus Warning

Gold Consolidates Near Six Year Record Highs At $1574/oz; WHO’s ‘Tip of the Iceberg’ Virus Warning

] via Bloomberg Gold climbed for a fourth day as investors weighed the unfolding coronavirus crisis, including a stark warning from the head of the World Health Organization about the potential for more cases beyond China and signs the disease is spreading in the key Asian trading hub of Singapore. Prices rose as the death … Read more