Gold Movement Gold prices traded a tad higher against the USD in the 24 hour period ending 23:00GMT, at 1188.20 per ounce. Yesterday, gold holdings of the SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, expanded to 715.86 tons, … Continue reading →

Gold Movement Gold prices traded lower by 1.61% against the USD in the 24 hour period ending 23:00GMT, at 1188.10 per ounce, as the greenback rallied against its peers, denting the appeal of the commodities as an alternative investment. Separately, … Continue reading →

Gold Movement Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1207.60 per ounce, with investors keeping an eye on the timing of the Fed interest rate hike. In the Asian session, … Continue reading →

Gold Movement Gold prices traded lower by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1205.80 per ounce. Losses in gold prices were capped by disappointing economic data in the US, as weekly initial jobless claims … Continue reading →

Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1209.50 per ounce, after the latest Fed minutes revealed that a rate hike was doubtful at the next FOMC meeting in … Continue reading →

Gold Movement Gold prices traded lower by 1.35% against the USD in the 24 hour period ending 23:00GMT, at 1208.40 per ounce, as the greenback traded higher against its major peers, after the US housing data figures surpassed market forecasts, … Continue reading →

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1224.90 per ounce, amid mounting speculation of a further delay in the Fed’s interest rate hike. Separately, gold holdings in the SPDR … Continue reading →

Gold Movement On Friday, Gold prices traded higher by 0.26% against the USD in the period ending 21:00GMT, at 1224.40 per ounce, on the back of weak economic data in the US, thus enhancing demand for the safe-haven yellow metal … Continue reading →

Gold Movement Gold prices traded higher by 0.54% against the USD in the 24 hour period ending 23:00GMT, at 1221.20 per ounce, as a broad weakness in the greenback against its major counterparts burnished demand for the safe-haven yellow metal. … Continue reading →

Gold Movement Gold prices traded higher by 1.90% against the USD in the 24 hour period ending 23:00GMT, at 1214.70 per ounce, as the greenback weakened, after the US retail sales came in weaker than expected in April, thus enhancing … Continue reading →

Gold Movement Gold prices traded higher by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1192.10 per ounce, as a broad weakening in the greenback coupled with a slump in the global equity markets enhanced demand … Continue reading →