Gold: Gold reverses its losing streak in the morning

Gold Movement Gold prices traded lower by 1.71% against the USD in the 24 hour period ending 23:00GMT, at 1123.00 per ounce, amid a surge in the equities market in the US and a stronger Dollar. In the Asian session, … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded lower by 0.88% against the USD in the 24 hour period ending 23:00GMT, at 1142.50 per ounce, as the global equity markets stabilised after PBoC cut its benchmark interest rate by 25 basis points to … Continue reading

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Gold: Gold trading higher in the Asian session

Gold Movement Gold prices traded lower by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1152.60 per ounce, amid concerns surrounding China, one of the largest consumers of the commodity. In the Asian session, at GMT0300, … Continue reading

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Gold: Gold trading higher in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.36% against the USD in the period ending 20:00GMT, at 1158.80 per ounce, notching a six-week high, as a slump in global equity markets drove investors to the safe haven metal. … Continue reading

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Gold: Gold is trading higher, after slump in China PMI data for August

Gold Movement Gold prices traded higher by 1.98% against the USD in the 24 hour period ending 23:00GMT, at 1154.60 per ounce following rout in equities and as traders continued to speculate that Fed would not rush in hiking interest … Continue reading

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Gold: Gold extends its gains in the Asian session

Gold Movement Gold prices traded higher by 1.37% against the USD in the 24 hour period ending 23:00GMT, at 1132.20 per ounce, as Fed’s minutes for July policy meeting highlighted a less probability of rate hike in September Fed meeting. … Continue reading

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Gold: Yellow metal turns lower in the Asian session

Gold Movement Gold prices traded higher marginally against the USD in the 24 hour period ending 23:00GMT, at 1116.90 per ounce. In the Asian session, at GMT0300, the pair is trading at 1116.8, with the gold trading slightly lower from … Continue reading

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Gold: Gold is trading higher in the Asian session

Gold Movement Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1116.40 per ounce. PboC resumed its efforts to stabilize the Yuan, a week after it fell to its lowest level in … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement On Friday, Gold prices traded marginally higher against the USD in the period ending 21:00GMT, at 1114.70 per ounce, on the back of mixed economic data from the US. Separately, gold holdings in the SPDR Gold Trust remained … Continue reading

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Gold: The yellow metal extends its losses in the Asian session

Gold Movement Gold prices traded lower by 0.85% against the USD in the 24 hour period ending 23:00GMT, at 1114.10 per ounce, as the greenback strengthened, backed by upbeat economic data from the US. In the Asian session, at GMT0300, … Continue reading

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Gold: Gold reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 1.40% against the USD in the 24 hour period ending 23:00GMT, at 1123.60 per ounce. In the Asian session, at GMT0300, the pair is trading at 1120.8, with gold trading 0.25% lower from … Continue reading

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