Gold: Gold extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.43% against the USD in the 24 hour period ending 23:00GMT, at 1108.10 per ounce. In the Asian session, at GMT0300, the pair is trading at 1110.00, with the gold trading 0.17% higher … Continue reading

Posted in Gold | Comments Off

Gold: Gold prices retreat, after PBoC’s record move of Yuan devaluation

Gold Movement Gold prices traded higher by 1.03% against the USD in the 24 hour period ending 23:00GMT, at 1103.40 per ounce. In the Asian session, at GMT0300, the pair is trading at 1097.9, with gold trading 0.5% lower from … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal trading higher in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.26% against the USD in the period ending 21:00GMT, at 1091.90 per ounce, as the greenback weakened, after the US non-farm payrolls increased less than expected in July. Separately, gold holdings … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1089.10 per ounce, after a decline in global equity markets increased the demand for the precious metal as an alternative investment. … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal extends its losses this morning

Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1084.60 per ounce, after stronger than expected US ISM non-manufacturing PMI data bolstered the case of an imminent rate hike by … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal reverses its gains this morning

Gold Movement Gold prices traded higher by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1086.40 per ounce, rebounding from its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1085.90, … Continue reading

Posted in Gold | Comments Off

Gold: Gold extends its losses in the Asian session

Gold Movement Gold prices traded lower by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1084.80 per ounce, as the greenback strengthened against its peers. Additionally, the timing of a hike in the US interest rates … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal trading lower this morning

Gold Movement On Friday, Gold prices traded higher by 0.67% against the USD in the period ending 21:00GMT, at 1094.90 per ounce, amid a broad weakness in the greenback. Separately, gold holdings in the SPDR Gold Trust, remained unchanged at … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal extends its losses in the Asian session

Gold Movement Gold prices traded lower by 0.82% against the USD in the 24 hour period ending 23:00GMT, at 1087.60 per ounce, amid a broad strength in the greenback, after the US annualized GDP growth picked up speed in 2Q … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1096.60 per ounce. However, gains in gold prices were kept in check, after the Fed’s recent monetary policy statement indicated that … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1095.10 per ounce, ahead of the conclusion of the FOMC meeting at which the Fed policymakers are expected to give further … Continue reading

Posted in Gold | Comments Off