﻿<?xml version="1.0" encoding="utf-8"?> 
<?xml-stylesheet href="http://xml.fxstreet.com/styles/rss2.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="http://xml.fxstreet.com/styles/itemcontent.css" type="text/css" media="screen"?><rss version="2.0" xml:base="http://wwww.fxstreet.com//fundamental/market-view/london-bullion-report/index.xml"><channel><title>London Bullion Report</title><description /><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/</link><image><title>Fundamental Analysis</title><link>http://www.fxstreet.com/fundamental/</link><url>http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif</url></image><ttl>7</ttl><item><title>Gold holding near high, keeps eye on dollar</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-20.html</link><description>London, 19 November 2009 - Gold and the rest of the precious complex came under pressure across the early parts of Thursday’s trading day as the dollar rallied on concerns the current risk rally was overdone, however the metals recovered lost ground later in the day as the greenback reversed its gains with the EUR/USD cross holding the recent 1.48-50 range. As a whole though investors appeared more cautious with the CRB Index ending the day down 0.7% and the Dow off around 0.9%w while treasury</description><pubDate>Fri, 20 Nov 2009 10:39:56 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-20.html</guid></item><item><title>Gold runs into profit taking after peaking above $1150/oz</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-19.html</link><description>London, 19 November 2009 - Gold pushed to yet another all-time record yesterday, scaling the $1150 level as the market continued to be buoyed by strong speculative and option related buying as well as investment demand as holdings in the SPDR ETF increasing 3.6-tonnes to 1,117.49-tonnes. The CRB Index gained marginally, closing up 0.3% while NYMEX crude oil tested above $80/barrel following a drop in US oil inventories. Meanwhile disappointing housing data kept US equities under pressure for</description><pubDate>Thu, 19 Nov 2009 09:18:15 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-19.html</guid></item><item><title>Gold hits new high overnight, risk appetite upbeat</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-18.html</link><description>London, 18 November 2009 - A more mixed day was seen yesterday but despite a stronger US dollar investor risk appetite remained positive with equities and commodities extending their gains, albeit at a more modest pace with the Dow closing up 0.3% and the CRB Index 0.2%. TICS data showing strong foreign demand for US assets triggered a general rally in the Dollar with the Euro dipping back towards 1.48 while the DXY closed the day up 0.5%. Equity markets have got off to a mixed start this</description><pubDate>Wed, 18 Nov 2009 08:02:12 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-18.html</guid></item><item><title>Precious metals firm, eye fresh gains</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-17.html</link><description>London, 17 November 2009 - Equities and commodities saw another upwards leg yesterday, bolstered during Asian trade by the APEC’s pledge to maintain economic stimulus and later in the US session by positive data and an extension of the dollars decline. The Dow gained 1.4%, S&amp;amp;P 1.3% and CRB Index 2.8% while the greenback slipped to fresh lows with the DXY dipping to a 15-month low of 74.67 as an initial rally in reaction to Bernanke’s support for the dollar was reversed soon after on</description><pubDate>Tue, 17 Nov 2009 08:32:37 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-17.html</guid></item><item><title>Precious metals set new highs on weak dollar, positive fundamentals</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-16.html</link><description>London, 16 November 2009 - Gold has resumed its bull-run overnight, pushing above $1130/oz as positive economic data from Asia continues to boost investor demand for higher yielding assets. Data showed the Japanese economy expanded by an annualized 4.8%, its fastest pace in over two-years. In addition the Asia-Pacific Economic Cooperation pledged to maintain stimulus measures until there was "durable" growth. Equities have strengthened after an initially mixed start with the Nikkei currently</description><pubDate>Mon, 16 Nov 2009 10:17:58 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-16.html</guid></item><item><title>Gold &amp; palladium hit new highs on data and Fed rate comments</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-12.html</link><description>London, 12 November 2009 - Upbeat economic data from China and Japan gave equities and commodities an initial boost yesterday with markets getting another lift later in the day after the US Federal Reserve reiterated it would keep interest rates at historically low levels for an extended period, "as long as inflation expectations are stable and unemployment fails to decline". The Feds comments pushed the S&amp;amp;P500 to its highest in 13-months, closing up 0.5% and the Dow posted a similar gain</description><pubDate>Thu, 12 Nov 2009 10:07:06 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-12.html</guid></item><item><title>Gold hits fresh peak after upbeat data from Asia</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-11.html</link><description>London, 11 November 2009 - Precious metals were largely rangebound Tuesday while commodities as a whole edged lower with the CRB Index down 0.6% as traders played cautiously ahead key economic data from Asia. It was a similar story for equities as the Dow fluctuated between positive and negative territory, eventually closing with a 20-point gain. In currencies the Dollar Index reversed initial gains to close down 0.2% - although above key chart support. Asian equities and currencies have been</description><pubDate>Wed, 11 Nov 2009 09:43:02 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-11.html</guid></item><item><title>Gold pauses, looks to dollar for direction</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-10.html</link><description>London, 10 November 2009 - Equities and commodities extended their gains Monday as the G20 commitment to maintaining fiscal stimulus boosted investor risk appetite. In contrast the dollar weakened further with the Dollar Index dipping to its lowest in 14-months and challenging key trend line support around the 75 level. The Dow closed up just over 2% and the S&amp;amp;P500 2.2%. In commodities the CRB Index gained 1.7% with NYMEX crude futures gaining $2 on concerns of tropical storms in the Gulf</description><pubDate>Tue, 10 Nov 2009 08:51:41 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-10.html</guid></item><item><title>Gold extends rally above $1100 following G20 pledge</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-09.html</link><description>London, 09 November 2009 - Gold made a brief test above $1100/oz Friday and has established itself above the psychological level this morning as ministers at the weekends G20 meeting pledged to maintain their fiscal stimulus measures. The G20 communiqué states, "To restore the global economy and financial system to health, we agreed to maintain support for the recovery until it is assured, boosting risk appetite". However not all measures gained support, including Gordon Browns ‘Tobin Tax’ as</description><pubDate>Mon, 09 Nov 2009 08:26:40 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-09.html</guid></item><item><title>Precious metals consolidate as traders await payrolls reading</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-06.html</link><description>London, 06 November 2009 - Thursday was all about rate announcements as both the Bank of England and the ECB followed the Feds lead leaving base rates unchanged at 0.5% &amp;amp; 1% respectively. But as with the Federal Reserve the focus was more on the strength and tone of accompanying statements as both banks signalled they would start to withdraw emergency measures after Jean-Claude Trichet announced the withdrawal of some liquidity operation and the BoE slowed its bond purchase programme. Both</description><pubDate>Fri, 06 Nov 2009 08:55:32 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-06.html</guid></item><item><title>Gold holds gains as Fed maintains its stance</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-05.html</link><description>London, 04 November 2009 - Gold continued its push higher Wednesday hitting a new record high above $1090/oz as follow through buying, a result of Tuesdays RBI/IMF purchase and producer related buying, triggered stop-loss orders. The bullish tone was echoed across the precious complex and most of the commodity sector as rhodium hit its best in a year, crude oil tested above $81/barrel, although the CRB Index posted only marginal gains as some soft and grain products came under pressure. In</description><pubDate>Thu, 05 Nov 2009 09:53:42 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-05.html</guid></item><item><title>Gold set to extend gains</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-04.html</link><description>London, 04 November 2009 - Divergence was seen in markets yesterday as equities stalled while both the dollar and commodities gained with gold hitting a new record of $1088/oz. The Dow closed down 0.2% and the S&amp;amp;P500 up 0.2% as traders appeared cautious ahead of todays Fed announcement and employment report. In particular players will focus on the wording of the Feds statement especially its inflation expectation. Interestingly both the dollar and commodities closed higher with the Dollar</description><pubDate>Wed, 04 Nov 2009 09:32:06 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-04.html</guid></item><item><title>Gold tests higher on India purchase news</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-03.html</link><description>London, 03 November 2009 - Markets got off to a volatile start to the week as traders remained cautious ahead of the line-up of economic data and rate announcements however the net result yesterday saw equities and commodities close higher. The Dow finished with a gain of 0.8% and the CRB Index up 1.15% following positive PMI and home sales data while the improved risk appetite lifted the EUR/JPY cross 0.7%. As a whole currency flows proved mixed though with the Dollar Index closing up just</description><pubDate>Tue, 03 Nov 2009 09:34:15 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-03.html</guid></item><item><title>Precious metals open steady but could be weighed by equity pressure</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-02.html</link><description>London, 02 November 2009 - Despite Thursdays GDP reading and positive PMI and Consumer Sentiment data Friday investors continued to take risk exposure off the table Friday with equities and commodities seeing further profit taking. Both the Dow and CRB Index closed down more than 2% while the EUR/JPY fell and Dollar Index rallied 0.5% on safe-haven demand.&amp;nbsp; Also witness Friday was a 24% surge in the VIX volatility Index - its largest gain since October 22nd last year - and suggests</description><pubDate>Mon, 02 Nov 2009 08:25:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-11-02.html</guid></item><item><title>Mixed start for precious complex but caution prevails</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-28.html</link><description>London, 28 October 2009 - Disappointing consumer confidence data and caution ahead of Thursdays US GDP release led investors to further par their risk exposure Tuesday however markets appeared more stable compared with Monday with the Dow closing up 0.1% and the CRB Index virtually unchanged; the dollar finished marginally firmer, up 0.1%. In the precious complex gold closed little changed while silver proved more volatile, closing down 2.7% while both platinum and palladium lost 1.2%.</description><pubDate>Wed, 28 Oct 2009 08:55:46 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-28.html</guid></item><item><title>Precious metals fall as risk appetite dips, dollar to lead direction</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-27.html</link><description>London, 27 October 2009 - Risk appetite took a dive yesterday, triggering selling pressure in commodities and equities while the dollar rallied on short covering. The Dow, S&amp;amp;P and CRB Index all finished down over 1% while the Dollar Index posted a gain of 0.7%, however the currency basket failed to conquer initial chart resistance at 76.30, again raising speculation this is just a (month-end related)short-term blip in an otherwise bearish trend. The precious complex finished lower as a</description><pubDate>Tue, 27 Oct 2009 09:07:27 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-27.html</guid></item><item><title>Gold little changed as traders look to the dollar for clues</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-26.html</link><description>London, 26 October 2009 - Gold and silver held ground near the top of recent trading ranges Friday while mixed economic data and currency flows led commodities and equities to edge lower as profit taking emerged. The CRB Index closed down 0.8% although posted a gain of1.5% on the week; the Dow and S&amp;amp;P finished down 1.1% &amp;amp; 1.2% respectively. In contrast the Dollar Index gained and the Yen lost ground while the Euro held around the 1.50 level. Risk appetite has recovered again this</description><pubDate>Mon, 26 Oct 2009 08:57:11 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-26.html</guid></item><item><title>Gold sees mixed start, continues to track dollar</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-23.html</link><description>London, 23 October 2009 - Markets finished in a mixed mood Thursday after a day of choppy trade. Precious metals closed with modest gains as the dollar lost ground; equities closed firm following positive earnings results. The Dollar Index reversed early gains to close down 0.1% and the EUR/USD settled above 1.50, the Dow finished up 1.3% and the S&amp;amp;P 1%. The CRB Index reversed part of Wednesday’s gains ending off 0.5%, NYMEX crude closed the day down 18-cents at $81.19/bbl. Overnight</description><pubDate>Fri, 23 Oct 2009 07:47:11 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-23.html</guid></item><item><title>Metals run into profit taking as China growth misses target</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-22.html</link><description>London, 22 October 2009 - Commodities remained upbeat Wednesday with the CRB Index gaining 2.1%, closing above 280-pts for the first time in a year, while NYMEX crude hit a high of $82/barrel as the dollar lost further ground against its counterparts. The greenback sank to fresh multi-month lows against several of its opponents including the Euro which traded above the psychologically important 1.50 market for the first time in 14-months. The Dollar Index settled down 0.65% having traded below</description><pubDate>Thu, 22 Oct 2009 07:58:00 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-22.html</guid></item><item><title>PGMs set new highs but close lower as the dollar bounces</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-21.html</link><description>London, 21 October 2009 - Commodities continued to test higher across the early part of Tuesday with platinum, palladium and crude oil setting new highs for the year before retreating as weaker than expected housing data triggered a rebound in the dollar. The CRB Index finished down 0.5% while the DXY gained 0.4% after the greenback rallied against both the Euro and Yen. The disappointing housing stats also dented equity confidence with the Dow and S&amp;amp;P500 closing down 0.5% &amp;amp; 0.6%</description><pubDate>Wed, 21 Oct 2009 08:16:21 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-21.html</guid></item><item><title>Precious metals turn higher, swept along by risk sentiment</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-20.html</link><description>London, 20 October 2009 - Gold and the precious complex traded higher Monday, in line with other commodities, as the dollar softened in addition to an uptick in geo-political tension between Iran and the West. The CRB Index hit its best in almost a year, gaining 1.3% and NYMEX crude neared $80/barrel as the dollar reversed Friday’s gains with the DXY closing down 0.4%. Positive earnings data also bolstered equities with both the Dow and S&amp;amp;P setting new 2009 highs and closing with gains of</description><pubDate>Tue, 20 Oct 2009 07:32:49 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-20.html</guid></item><item><title>Oil extends gains while gold consolidates</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-19.html</link><description>London, 19 October 2009 - Energy prices remained upbeat Friday with NYMEX crude hitting its best in a year above $78/barrel. As a whole commodities were buoyant with the CRB Index gaining 0.8% while sentiment in the precious complex was more mixed with two-way trade seen. Mixed economic data led to a choppy day in the currencies but as a whole the dollar finished firmer on short covering with the DXY up 0.3%. Equities were also mixed with both the Dow and S&amp;amp;P500 closing off their lows but</description><pubDate>Mon, 19 Oct 2009 07:41:02 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-19.html</guid></item><item><title>Oil rises, gold falls as dollar gains on short covering</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-16.html</link><description>London, 16 October 2009 - Commodity prices remained upbeat Thursday with the CRB Index gaining 1.4% after oil prices hit their best levels in a year with NYMEX crude tested just short of $78/barrel. Gold and the rest of the precious complex however finished lower as a stronger dollar and mixed economic data prompted profit taking. The dollar closed up 0.5% against the Euro and 1.3% v’s the Yen while the EUR/JPY cross is set for its second weekly gain amidst speculation investor will continue</description><pubDate>Fri, 16 Oct 2009 07:43:52 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-16.html</guid></item><item><title>Precious metals struggle as Euro and equities hit new '09 highs</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-15.html</link><description>London, 15 October 2009 - Continued dollar weakness and positive earnings data further bolstered investor risk appetite yesterday as equity markets set fresh highs for 2009 with the Dow reaching the 10,000 mark for the first time in a year. The S&amp;amp;P500 and FTSE set new highs, as has the HSI overnight while the Nikkei is currently up 1.5%. Commodities were also generally upbeat with gold and silver posting fresh highs before running into long liquidation. The CRB Index gained 0.7% and NYMEX</description><pubDate>Thu, 15 Oct 2009 07:52:02 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-15.html</guid></item><item><title>Precious metals hit new highs but starting to look vulnerable</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-14.html</link><description>London, 14 October 2009 - Investment flows continue to buoy commodity prices with gold hitting $1070 this morning and NYMEX crude oil trading above $75/barrel to its best in almost a year. The dollar meanwhile remains under pressure with the DXY closing down 0.25%yesterday and is currently off 0.4% ahead of UK unemployment data, EU Industrial Production and US Retail Sales and Budget Balance. The minutes of the latest FOMC meeting are also scheduled for release and will be scrutinized for</description><pubDate>Wed, 14 Oct 2009 08:04:14 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-14.html</guid></item><item><title>Precious metals test higher as dollar decline continues</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-13.html</link><description>London, 13 October 2009 - Stronger oil prices and a weaker dollar helped bolster the precious complex Monday despite relatively thin trade as silver and palladium hit fresh 14-month highs and gold tested just short of $1060. NYMEX crude gained 2%, closing at $73.27 and the CRB Index gained 1.75% as investors continued to diversify away from the dollar with the DXY closing down 0.4%. US equities were also in a steady mood with the Dow up 0.2% and S&amp;amp;P 0.4%. Equities remain firm overnight</description><pubDate>Tue, 13 Oct 2009 07:42:04 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-13.html</guid></item><item><title>Gold consolidates gains, eyes dollar</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-12.html</link><description>London, 12 October 2009 - Having pushed to record levels Thursday the precious complex appeared more comfortable consolidating Friday as substantial currency flows triggered profit taking ahead of a bank holiday in the US. Overall the US dollar finished higher reacting to comments from White House economic advisor Summers and large flows from sovereign wealth and official sources. The DXY closed up 0.35% however the greenback was not particularly strong against all its main counterparts as the</description><pubDate>Mon, 12 Oct 2009 07:41:48 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-12.html</guid></item><item><title>Precious metals hit fresh highs, trade lower this morning on dollar gains</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-09.html</link><description>London, 09 October 2009 - Bullish momentum continued to drive the precious complex Thursday with gold setting a fresh all-time high above $1060/oz while platinum matched last months high. In addition silver hit its best this year, as did palladium and rhodium. In contrast the greenback lost further ground as investors continued to seek stronger yielding assets with the Euro testing above 1.48 and the Dollar Index touching its lowest since August last year and closing off a further 0.3%.</description><pubDate>Fri, 09 Oct 2009 06:39:59 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-09.html</guid></item><item><title>Gold &amp; silver hit new highs as dollar falls</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-08.html</link><description>London, 08 October 2009 - Inflation fears and a weaker dollar continue to fuel bullish sentiment in precious metals over the past 24-hours with gold surpassing the $1050 level while silver has risen to its best in 14-months. Currency direction was rather mixed Wednesday with the Dollar Index closing little changed. However upbeat data from Australia and Japan overnight have put the greenback under pressure with the DXY currently trading down 0.5% ahead of a busy line-up of rate announcements</description><pubDate>Thu, 08 Oct 2009 07:12:59 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-08.html</guid></item><item><title>Weak dollar bolsters commodities and equities</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-06.html</link><description>London, 06 October 2009 - Equity strength and pressure on the dollar led the precious complex higher Monday with gold gaining 1.4% and silver 2.5%. Positive services data led the Dow to finish up 1.2% and the S&amp;amp;P 1.5% while the DXY closed down 0.5% after the Euro traded to its best this month. Equities have seen a mixed start this morning with the Nikkei currently flat and the HSI up 0.65%. The dollar has lost further ground following a report suggesting Gulf states may switch away from</description><pubDate>Tue, 06 Oct 2009 07:19:34 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-06.html</guid></item><item><title>Precious metals steady following G7</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-05.html</link><description>London, 05 October 2009 - Gold ignored weaker equity sentiment Friday to close firmer as the dollar lost ground on the back of a much weaker than forecast Non-Farm Payrolls reading. Despite an initial rally the dollar soon declined with the DXY closing down 0.25% while the Dow finished down 0.2% and the S&amp;amp;P 0.4%. Equity markets have opened in a softer mood this morning following the weekend G7 meeting with Nikkei currently down 0.5%. The Dollar Index is currently down 0.3% after G7</description><pubDate>Mon, 05 Oct 2009 07:50:26 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-05.html</guid></item><item><title>Precious metals slip as risk appetite wanes ahead of payrolls data</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-02.html</link><description>London, 02 October 2009 - Equities and commodities slipped lower across Thursday as risk appetite declined amidst speculation today’s NF Payrolls will show a larger than forecast increase in US unemployment with institutions such as Goldman Sachs upping their forecasts from -200k to -250k. The Dow finished down 2.1% and the S&amp;amp;P off 2.6% while the CRB Index lost 1.5%. In contrast safe-haven demand boosted the dollar with the DXY settling up 0.7%. Caution has kept Asian equity markets under</description><pubDate>Fri, 02 Oct 2009 08:05:52 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-02.html</guid></item><item><title>Gold holding ground above $1000 despite stronger dollar</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-01.v02.html</link><description>London, 01 October 2009 - Commodities finished Wednesday in a mostly upbeat mood while equities struggled as weaker than forecast jobs and PMI data trigger bouts of selling. The CRB Index gained 2.9% and NYMEX crude jumped almost $4/barrel while gold gained 1.5% and palladium 3.6%. The combination of weak data and month/quarter-end book squaring weighed on equities across the day with the FTSE closing down 0.5%, the Dow and S&amp;amp;P off 0.3%. Despite the weaker tone in equities the dollar</description><pubDate>Thu, 01 Oct 2009 07:42:34 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-10-01.v02.html</guid></item><item><title>Gold tracks dollar, holds ground below $1000</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-30.html</link><description>London, 30 September 2009 - Commodities saw a mixed day Tuesday while equities softened as investors continued locking in profits ahead of month and quarter-end. The CRB Index finished up 0.1% while the Dow &amp;amp; S&amp;amp;P finished off 0.5 &amp;amp; 0.2% respectively. The dollar closed marginally firmer against the Euro and Yen although the Dollar Index could only muster a 0.05% gain. Asian equities have reversed initial gains with the Nikkei currently down 0.1% and HSI 0.7% while the Yen has</description><pubDate>Wed, 30 Sep 2009 07:38:33 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-30.html</guid></item><item><title>Gold little changed as dollar waits for direction</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-29.html</link><description>London, 29 September 2009 - US equities regained upwards momentum yesterday while the precious complex was largely directionless with traders looking to the currencies for direction with gold closing the day unchanged. The Dow closed up 1.3% and the S&amp;amp;P 1.8% and has led Asian markets to open in a positive mood this morning with the Nikkei currently up 0.8% and the HSI 2.25%. The dollar closed Monday with slight gains after the Euro softened versus the Yen. The DXY finished up 0.2% but is</description><pubDate>Tue, 29 Sep 2009 07:50:46 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-29.html</guid></item><item><title>Precious metals consolidate on dollar short covering</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-28.html</link><description>London, 28 September 2009 - Markets continue to consolidate this morning as pockets of profit taking emerge ahead of month and quarter-end this week. The Nikkei is currently down over 2% and the HSI is off 1.6% as the dollar recoups lost ground against most of its counterparts with the exception of the Yen which has hit an 8-month high of 88.23 overnight. US equities slipped lower Friday with the Dow off 0.44% and S&amp;amp;P 0.6% while the dollar edged higher on short covering with the DXY</description><pubDate>Mon, 28 Sep 2009 07:43:42 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-28.html</guid></item><item><title>Precious metals track dollar, seen vulnerable</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-25.html</link><description>London, 25 September 2009 - Commodities and equities continued lower Thursday with the Dow finishing down 0.4% and CRB Index off 2% as weaker than forecast data and G20 jitters prompted investors and speculators to curb their long exposure. In contrast the dollar rallied as short covering emerged. The Dollar Index finished up almost 0.9% while the Euro closed down 0.4% versus the greenback. Equities have succumbed to further pressure overnight with the Nikkei currently down 2.6% and the Hang</description><pubDate>Fri, 25 Sep 2009 08:12:36 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-25.html</guid></item><item><title>Gold firms after Fed reaction, PGM ETF holdings build</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-24.html</link><description>London, 24 September 2009 - Gold continued to closely track the US Dollar yesterday as traders awaited the Fed rate announcement and in particular the strength and tone of the Feds statement. US equities finished Wednesday in the red with the Dow down 0.8% and S&amp;amp;P 1% as initial reaction to the Fed statements prompted pockets of profit taking. Equities have run into further pockets of profit taking overnight with the HSI currently down 2.75% while the Nikkei is up 1.6%, but as a whole the</description><pubDate>Thu, 24 Sep 2009 07:20:26 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-24.html</guid></item><item><title>Precious metals steady ahead of Fed, Palladium ETF holdings surge</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-23.html</link><description>London, 23 September 2009 - The return of broad based risk appetite buoyed the precious complex Tuesday after the dollar crashed to fresh lows against the Euro at 1.4818 and the Dollar Index hit a one-year low at 76.00, closing down 0.87%. Commodities finished the day broadly higher with the CRB Index up 1.9% and NYMEX crude gaining $1.84/bbl, as did European and US equity indexes with the FTSE up 0.15%, Dow and S&amp;amp;P both up 0.6%. The dollar has succumbed to further pressure overnight with</description><pubDate>Wed, 23 Sep 2009 07:34:46 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-23.html</guid></item><item><title>Gold looks to dollar for direction, SPDR &amp; PGM ETF holdings increase</title><link>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-22.html</link><description>London, 22 September 2009 - Gold and the rest of the precious complex closed lower Monday, as IMF sales speculation and pre-Fed &amp;amp; G20 jitters led speculators and investors to par their risk exposure. Risk reduction was seen across commodities and equities with the CRB Index falling 2.1% as NYMEX crude oil finished down $2.33/bbl on demand concerns while the Dow lost 0.4% and the S&amp;amp;P 0.35%. In contrast the greenback posted its second consecutive up-day although finished with pared</description><pubDate>Tue, 22 Sep 2009 07:49:33 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>info@thebulliondesk.com (The Bullion Desk)</author><guid>http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-22.html</guid></item></channel></rss>