Gold Movement Gold prices traded lower by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1093.80 per ounce. However, losses in gold prices were capped, as the greenback weakened against its major counterparts coupled with a … Continue reading →

Gold Movement On Friday, Gold prices traded higher by 0.73% against the USD in the period ending 21:00GMT, at 1097.50 per ounce, following a slump in the global equity markets. Separately, gold holdings in the SPDR Gold Trust narrowed to … Continue reading →

Gold Movement Gold prices traded lower by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1089.60 per ounce, as the US initial jobless claims fell more than expected, thus strengthening expectations that the Fed will raise … Continue reading →

Gold Movement Gold prices traded lower by 0.72% against the USD in the 24 hour period ending 23:00GMT, at 1093.70 per ounce, as a broad strength in the greenback on the back of upbeat housing data, which bolstered the case … Continue reading →

Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1101.60 per ounce, rebounding from its earlier session losses, as the greenback weakened against its major peers. Meanwhile, gold holdings of … Continue reading →

Gold Movement Gold prices traded lower by 2.95% against the USD in the 24 hour period ending 23:00GMT, at 1097.50 per ounce, extending its previous session losses, following last week’s comment from the Fed Chief, Janet Yellen, about an interest … Continue reading →

Gold Movement On Friday, Gold prices traded lower by 0.97% against the USD in the period ending 21:00GMT, at 1132.70 per ounce, following upbeat economic releases in the US, thus bolstering the chances of a rate hike by the Fed … Continue reading →

Gold Movement Gold prices traded lower by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1143.80 per ounce, as possibility of an imminent rate hike by the Fed remained high, after the US initial jobless claims … Continue reading →

Gold Movement Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1148.10 per ounce, after the Fed Chief, Janet Yellen, in her testimony, reiterated that the central bank will likely raise its … Continue reading →

Gold Movement Gold prices traded lower by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1155.30 per ounce, as growing uncertainty over the timing of the Fed’s interest rate hike, after the US retail sales unexpectedly … Continue reading →

Gold Movement Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1156.50 per ounce, as Greece reached an agreement with its creditors and secured a third bailout deal in order to avoid … Continue reading →