Gold Movement Gold prices traded lower by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1173.10 per ounce, as expectations of the Fed’s September interest rate hike remained high. However, losses in gold prices were capped, … Continue reading →

Gold Movement Gold prices traded lower by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1174.60 per ounce, after the US economy shrank less than previously estimated in the first quarter of 2015, thus raising expectations … Continue reading →

Gold Movement Gold prices traded lower by 0.66% against the USD in the 24 hour period ending 23:00GMT, at 1177.50 per ounce, on the back of hawkish comments from the Fed Governor, Jerome Powell about a first interest rate hike … Continue reading →

Gold Movement Gold prices traded lower by 1.13% against the USD in the 24 hour period ending 23:00GMT, at 1185.30 per ounce, amid rising expectations that a deal between Greece and its creditors will eventually be reached and the nation … Continue reading →

Gold Movement On Friday, Gold prices traded lower by 0.06% against the USD in the period ending 21:00GMT, at 1200.40 per ounce, as uncertainty remained over Greece’s financial mess. Separately holdings of the SPDR Gold Trust, the world’s largest gold-backed … Continue reading →

Gold Movement Gold prices traded higher by 1.44% against the USD in the 24 hour period ending 23:00GMT, at 1201.10 per ounce, as the Fed maintained its dovish tone on increasing interest rate at its latest FOMC meet along with … Continue reading →

Gold Movement Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1184.10 per ounce, after the Fed kept its monetary policy unchanged during June’s meeting In the Asian session, at GMT0300, the … Continue reading →

Gold Movement Gold prices traded lower by 0.35% against the USD in the 24 hour period ending 23:00GMT, at 1181.20 per ounce, ahead of the Fed’s announcement regarding its highly anticipated interest rate decision. Separately, gold holdings of the SPDR … Continue reading →

Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1185.40 per ounce, as dismal industrial and manufacturing production data in the US, enhanced demand for the safe-haven precious metal. Gold … Continue reading →

Gold Movement On Friday, Gold prices traded marginally lower against the USD in the period ending 21:00GMT, at 1180.70 per ounce, shrugging off weakness in the greenback along with a decline in the global equity markets. Separately, gold holdings in … Continue reading →

Gold Movement Gold prices traded lower by 0.35% against the USD in the 24 hour period ending 23:00GMT, at 1181.20 per ounce, on the back of upbeat US advance retail sales data, raising speculations of an interest rate hike by … Continue reading →