Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1182.90 per ounce, amid a broad strength in the greenback. Separately, bullion investors kept a close eye on negotiations between Greece … Continue reading

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Gold: Yellow metal trading a tad higher in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.36% against the USD in the period ending 21:00GMT, at 1187.40 per ounce, rebounding from its previous session losses, after US non-farm payrolls during April missed market expectations. However, gains in … Continue reading

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Gold: Yellow metal trading flat in the Asian session

Gold Movement Gold prices traded lower by 0.75% against the USD in the 24 hour period ending 23:00GMT, at 1183.10 per ounce, as better than expected initial jobless claims data in the US, dented demand for the safe-haven metal as … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1192.00 per ounce, as the Fed Chairperson, Janet Yellen downplayed concerns over a slowdown in the US economy, thus hitting demand … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.47% against the USD in the 24 hour period ending 23:00GMT, at 1193.40 per ounce, amid a broad slump in the global equity markets, thus enhancing the demand for the safe-haven yellow metal. … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded higher by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1187.80 per ounce, despite the greenback strengthening against some major currencies. Separately, gold holdings in the SPDR Gold Trust, edged up … Continue reading

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Gold: Yellow metal extends its losses this morning

Gold Movement Gold prices traded lower by 1.69% against the USD in the 24 hour period ending 23:00GMT, at 1183.50 per ounce, after the US registered upbeat initial jobless benefits data, thus denting the safe-haven demand of the precious yellow … Continue reading

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Gold: Yellow metal trading marginally lower in the Asian session

Gold Movement Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1203.80 per ounce. Losses in gold prices were kept in check, after the US registered worst than expected annualized GDP figure … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 0.79% against the USD in the 24 hour period ending 23:00GMT, at 1211.30 per ounce, ahead of the Fed’s announcement on its latest monetary policy. In the Asian session, at GMT0300, the pair … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded higher by 1.99% against the USD in the 24 hour period ending 23:00GMT, at 1201.80 per ounce, as uncertainty continued over Greece’s financial reforms. Separately, gold holdings of SPDR Gold Trust remained unchanged at 742.35 … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement On Friday, Gold prices traded lower by 1.28% against the USD in the period ending 21:00GMT, at 1178.00 per ounce, as upbeat durable goods orders data from the US reduced demand for the safe-haven yellow metal. Holdings of … Continue reading

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