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Adrian Ash

Adrian Ashbullion.directory author Adrian Ash

Adrian Ash is director of research at BullionVault, the physical gold and silver market with bullion owned by the citizens of over 175 countries and worth more than $2 billion.

Formerly head of editorial at London’s top publisher of private-investment advice, he was City correspondent for The Daily Reckoning from 2003 to 2008, and is now a regular contributor to many leading analysis sites including Forbes and a regular guest on BBC national and international radio and television news.

Silver Tries 7-Year Weekly High

Silver Tries 7-Year Weekly High

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

Gold Falls on Crypto Inflation Plunge

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

Gold Outruns Silver as East Asia Tensions Rise

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

Gold's Powell Pop Erased on Inflation Forecasts

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

Gold Erases Gains But Silver Stands Firm

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

Further Gold Rebound on US Stimulus

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

Gold Drops Below $1800 as Bonds Keep Rising

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

GLD Bleeds Metal as Bullion Holds $1800

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

Silver Spikes to $30 as "WallStreetBets" Latest Target

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

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

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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Gold Down $35 as Stocks Ignore Almost Everything

Gold Down $35 as Stocks Ignore Almost Everything

GOLD PRICES fell Friday in London even as infections, deaths and economic lockdowns in the winter wave of Covid-19 worsened worldwide and new US data said the world’s largest economy shed jobs last month rather than expanding as Wall Street expected.

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Gold Drops as Trump Mob Retreats

Gold Drops as Trump Mob Retreats

GOLD PRICES slipped further on Thursday, extending yesterday’s 2.1% plunge from new 9-week highs even as US interest rates lagged inflation forecasts by a wider margin – usually a driver of higher gold prices – and US President Donald Trump was condemned worldwide for inciting angry supporters to storm the Capitol in a violent and failed attempt to stop Democrat Joe Biden taking over at the White House in 2 weeks’ time.

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Is Gold’s Bull Market Over?

Is Gold's Bull Market Over?

There is little doubt that when we return to safer pastures, gold’s attractions will be reduced…[but] what we are seeing at the moment is a market in which some participants can’t decide whether now is the time to get out, or whether there is more upside ahead.

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Gold Tests Post-Peak Floor

Gold Tests Post-Peak Floor

GOLD PRICES fell within $5 per ounce of a 4-month low in London trade Thursday, retreating to $1853 even as world stock markets fell together with long-term interest rates and commodity prices amid tighter anti-Covid restrictions plus a surprise jump in US jobless benefit claims.

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Gold Bounce Vanishes on Bond Yield Rise

Gold Bounce Vanishes on Bond Yield Rise

GOLD PRICES on Wednesday gave back most of yesterday’s bounce from a $100 plunge, retreating to $1865 per ounce as interest rates on government bonds rose again with both global stock markets and commodity prices following Monday’s headline news of a Covid-19 vaccine.

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Gold Rallies After $100 Covid Vaccine Plunge

Gold Rallies After $100 Covid Vaccine Plunge

GOLD PRICES regained almost a third of yesterday’s $100 plunge in Asian trade Tuesday before easing back to $1880 per ounce in London as global financial markets stabilized from the apparent shock of pharma-giant Pfizer announcing successful trials of a Covid-19 vaccine.

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Gold Rises, Dollar Falls on Covid Stimulus

Gold Rises, Dollar Falls on Covid Stimulus

GOLD PRICES rose against a falling US Dollar in London trade Wednesday, reaching 1-week highs above $1920 per ounce as global stock markets fell amid fresh Covid-19 lockdowns and restrictions across Europe, plus continued rumors and counter-rumors over US politicians agreeing a new stimulus package ahead of 3 November’s White House.

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Gold Rises on Brexit Talk Failure

Gold Rises on Brexit Talk Failure

GOLD PRICES crept higher against a rising US Dollar in Asian and London trade Friday, halving the week’s earlier $50 drop to reach $1910 per ounce as European stocks markets rose over 1.3% despite the collapse of UK-EU trade talks in Brussels.

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Metals Shrug Off Rising Real Rates as Miners Power Up

Metals Shrug Off Rising Real Rates as Miners Power Up

GOLD and SILVER held onto yesterday’s gains in London trade Tuesday, consolidating as news of mergers and acquisition activity among mining companies continued to accelerate.

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Gold Down Fourth Day as Fed Urges Fiscal Stimulus

Gold Down Fourth Day as Fed Urges Fiscal Stimulus

GOLD PRICES slipped for the 4th day running in London on Thursday, dipping through $1850 per ounce as the US Dollar rose, inflation expectations fell, and world stock markets extended yesterday’s plunge in New York.

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Gold Rebounds as UK Readies Military Support for New Lockdown

Gold Rebounds as UK Readies Military Support for New Lockdown

GOLD PRICES held above $1900 per ounce Tuesday in London, rallying to $1916 from yesterday’s $70 plunge as world stock markets also bounced from a 4-day losing streak despite weak economic data and the tightening of social restrictions aimed at slowing the global ‘second wave’ of Covid-19.

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‘Dovish’ Central Banks ‘Bullish for Gold’

'Dovish' Central Banks 'Bullish for Gold'

GOLD BULLION recovered from 1-week lows against Dollar in Asian and London trade today, edging 0.4% higher from last Friday’s finish as global interest rates slipped and equities headed for 0.8% gains on the MSCI World Index after dovish policy comments.

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Gold Regains $1800, Silver $19 on Covid Recovery Spook

Gold Regains $1800, Silver $19 on Covid Recovery Spook

GOLD and SILVER bounced after overnight sell-off from multi-year highs against USD in London, rallying as commodity prices fell with global stock markets against backdrop of fading ‘V-shaped’ economic hopes

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New Gold Price Record Likely

New Gold Price Record Likely

GOLD PRICES tried but failed to match yesterday’s new 9-year US Dollar peak on Thursday while silver peeped above $19 per ounce for the first time since September as confirmed cases of Covid-19 in the United States rose above 3 million and Tokyo reported a record daily rise in new infections.

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Gold Drops On US Jobs Data

Gold Drops On US Jobs Data

Gold Prices Erase Post-ISM Rally as US Jobs Data Beat Forecasts, Both for Gains and New Benefit Claims Bullion.Directory precious metals analysis 02 July, 2020 By Adrian Ash Head of […]

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Gold Set to Extend it’s Uptrend

Gold Set to Extend it's Uptrend

GOLD PRICES rallied from $20 below yesterday’s new 8-year high near $1780 per ounce in US Dollar terms in Asian and London trade on Thursday, but edged higher against other major currencies as world stock markets extended Wednesday’s 2.6% drop in US equities.

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Comex Premium Evaporates On Negative Interest Rate Announcement

Comex Premium Evaporates On Negative Interest Rate Announcement

GOLD and SILVER PRICES edged back from 1-week highs in London trade Thursday, but kept half of last night’s 1.7% and 3.4% spikes against a falling US Dollar after the Federal Reserve gave a dire forecast for the world No.1 economy’s recovery from the Coronavirus pandemic and shutdowns.

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Gold Keeps Pace With Covid Winners

Gold Keeps Pace With Covid Winners

GOLD PRICES recovered more of last week’s 2.6% plunge in Asian and London trade Tuesday, rallying to what was a new 7.5-year Dollar high in April at $1715 per ounce as industrial commodities fell back, longer-term interest rates fell, and world stock markets retreated after Wall Street’s S&P500 index of US corporations rose back to New Year 2020’s level

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Gold Drops on Bond Yield Jump

Gold Drops on Bond Yield Jump

GOLD PRICES sank to 4-week lows at $1681 per ounce in London trade Friday, losing over $45 for the week as major government bond prices also fell, pushing interest rates higher, following a shock jump in the US government’s employment estimate.

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As PMs Slip Metal ETFs Expand Again

As PMs Slip Metal ETFs Expand Again

GOLD and SILVER prices slipped and rallied in London trade Wednesday after the two precious metals’ largest New York-listed ETF investment trusts expanded for a 5th session running.

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NY-LON Gold Premium Gap Slams Shut

NY-LON Gold Premium Gap Slams Shut

GOLD PRICE gaps between London and New York whipped violently once more on Thursday, cutting what was a $100 premium for Comex futures contracts in March to a $10 discount per ounce as US warehouses continued to see fresh deliveries.

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Silver Outpaces Gold as US-China Row Worsens

Silver Outpaces Gold as US-China Row Worsens

GOLD PRICES rallied on Friday in London, cutting the week’s earlier 1.5% drop against the US Dollar to just 0.5% as Western stock markets struggled again despite fresh government and central-bank stimulus to boost the world’s post-Covid recovery as relations worsened further between the top 2 economies, the US and China.

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Adrian Ashbullion.directory author Adrian Ash

Adrian Ash is director of research at BullionVault, the physical gold and silver market with bullion owned by the citizens of over 175 countries and worth more than $2 billion.

Formerly head of editorial at London’s top publisher of private-investment advice, he was City correspondent for The Daily Reckoning from 2003 to 2008, and is now a regular contributor to many leading analysis sites including Forbes and a regular guest on BBC national and international radio and television news.