Gold: Yellow metal trading on a weaker footing in the Asian session

Gold Movement Gold prices traded higher by 5.11% against the USD in the 24 hour period ending 23:00GMT, at 1212.20 per ounce, registering its highest 1-day gain since 2013, amid a broad weakening in the greenback. The safe haven appeal … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement On Friday, Gold prices traded lower by 2.90% against the USD in the period ending 21:00GMT, at 1153.30 per ounce, amid a broad strength in the greenback. Meanwhile, in a surprise move, India lifted its restrictions on gold … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement Gold prices traded lower by 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1187.70 per ounce, amid a broad strength in the greenback. Meanwhile, investors anxiously await the outcome of the upcoming Swiss referendum … Continue reading

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Gold: Yellow metal extends its losses this morning

Gold Movement Gold prices traded lower by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1196.00 per ounce, reversing its previous session gains after durable goods orders rebounded strongly in the US. Separately, the SPDR Gold … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded higher by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1200.70 per ounce, rebounding from its previous session losses, following mixed economic data in the US. Yesterday, the SPDR gold holdings … Continue reading

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Gold: Yellow metal reverses its losses this morning

Gold Movement Gold prices traded lower by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1197.20 per ounce, reversing its previous session gains. Yesterday, gold holdings of the SPDR Gold Trust, the world’s largest gold-backed exchange-traded … Continue reading

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Gold: Yellow-metal reverses its gains in the Asian session

Gold Movement On Friday Gold prices traded higher by 0.64% against the USD in the period ending 21:00GMT, at 1200.60 per ounce, after the PBoC in an unexpected move slashed its interest rates to boost the nation’s economic growth. In … Continue reading

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Gold: Yellow-metal trading higher in the Asian session

Gold Movement Gold prices traded higher by 0.94% against the USD in the 24 hour period ending 23:00GMT, at 1193.00 per ounce, after downbeat weekly initial jobless claims and manufacturing PMI in the US, thus enhancing the demand outlook for … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement Gold prices traded lower by 1.11% against the USD in the 24 hour period ending 23:00GMT, at 1181.90 per ounce, after the recently released Fed minutes showed that the US economy has improved, thus diminishing the safe-haven appeal … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded higher by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1195.20 per ounce, as demand for the safe haven yellow metal rose following news of unrest in Eastern Europe and the … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded 0.06% higher against the USD in the 24 hour period ending 23:00GMT, at 1186.0 per ounce, following disappointing economic releases from the US. Yesterday, the SPDR Gold trust reported that its gold holdings increased for … Continue reading

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