Gold Movement Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1202.10 per ounce, as the FOMC minutes revealed that some of the Fed policymakers wanted the first interest rate hike in … Continue reading →

Gold Movement Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1209.60 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

Gold Movement Gold prices traded lower by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1214.70 per ounce. Yesterday, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, remained unchanged at 737.24 tons. In … Continue reading →

Gold Movement Gold prices traded higher by 1.72% against the USD in the 24 hour period ending 23:00GMT, at 1203.50 per ounce, amid a broad weakness in the greenback on the back of weak economic data in the US, thus … Continue reading →

Gold Movement Gold prices traded lower by 0.27% against the USD in the 24 hour period ending 23:00GMT, at 1183.20 per ounce, as the US consumer confidence unexpectedly jumped in March, thus dampening the safe haven demand for the precious … Continue reading →

Gold Movement Gold prices traded lower by 0.98% against the USD in the 24 hour period ending 23:00GMT, at 1186.40 per ounce, amid broad gains in the global equity markets coupled with strengthening of the greenback which decreased the demand … Continue reading →

Gold Movement On Friday, Gold prices traded lower by 0.61% against the USD in the period ending 21:00GMT, at 1197.60 per ounce, after the Fed Chairperson, Janet Yellen indicated that the US Fed would increase its interest rates in 2015. … Continue reading →

Gold Movement Gold prices traded higher by 0.77% against the USD in the 24 hour period ending 23:00GMT, at 1205.00 per ounce, as a decline in the global equity markets due to increased tension in the Middle East spurred investors … Continue reading →

Gold Movement Gold prices traded higher by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1195.80 per ounce, after most global equity markets declined. Gold prices were also supported, on the back of weak US durable … Continue reading →

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.24% against the US Dollar and closed at 1191.80. However, gains were limited after prospects for an interest rate hike in the US increased after consumer prices in … Continue reading →

Gold Movement Gold prices traded higher by 0.30% against the USD in the 24 hour period ending 23:00GMT, at 1189.00 per ounce, amid a broad weakness in the US Dollar. In the Asian session, at GMT0400, the pair is trading … Continue reading →