Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24-hour period ending 23:00GMT, at 1259.00 per ounce, reversing its previous session gains. However, losses in gold prices were limited, after the Fed lowered its projections to … Continue reading

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Gold: Yellow metal trading on a weaker footing in the morning session

Gold Movement Gold prices traded higher by 2.23% against the USD in the 24-hour period ending 23:00GMT, at 1260.50 per ounce, after the US Federal Reserve’s announcement that it would deliver just two rate hikes in 2016 compared to its … Continue reading

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Gold: Yellow metal trading flat in the Asian session

Gold Movement Gold prices traded lower by 0.28% against the USD in the 24-hour period ending 23:00GMT, at 1233.00 per ounce, extending its previous session losses, with investors awaiting the outcome of the US Federal Reserve monetary policy meeting. In … Continue reading

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Gold: Yellow metal extends its losses in the morning session

Gold Movement Gold prices traded lower by 1.17% against the USD in the 24-hour period ending 23:00GMT, at 1236.50 per ounce, amid a broad strength in the greenback, while markets prepared for the Fed’s interest rate annoucement. In the Asian … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded lower by 1.06% against the USD in the 24-hour period ending 23:00GMT, at 1256.80 per ounce, amid a broad rally in global equity markets. In the Asian session, at GMT0400, the pair is trading at … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 1.32% against the USD in the 24-hour period ending 23:00GMT, at 1270.30 per ounce, amid a weaker greenback. In the Asian session, at GMT0400, the pair is trading at 1271, with the gold … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded lower by 0.80% against the USD in the 24-hour period ending 23:00GMT, at 1253.70 per ounce, as a broad rally in global equity markets dented the precious metal’s safe haven appeal. In the Asian session, … Continue reading

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Gold: Yellow metal trading on a weaker footing in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.21% against the USD and closed at 1263.80, reversing its previous session gains, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.51% against the USD and closed at 1266.50, as a weaker greenback and increased hopes of the Fed staying pat on interest rate next week, provided support to the … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose marginally against the USD and closed at 1262.30. However, the gains in gold prices were capped after the release of better-than-expected US non-farm payrolls data. In the Asian session, … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.63% against the USD and closed at 1262.00, after downbeat US economic data fuelled worries about the nation’s economic outlook and boosted demand for the safe-haven yellow metal. In … Continue reading

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