Gold: Yellow metal trading on a lower footing this morning

Gold Movement On Friday, Gold prices traded lower by 0.21% against the USD in the period ending 21:00GMT, at 1288.00 per ounce, as safe-haven appeal of the yellow metal diminished after encouraging US data, amid a rally in global equity … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 0.54%against the USD in the 24 hour period ending 23:00GMT, at 1290.70 per ounce as tensions intensified between Ukraine and Russia, offsetting upbeat US economic data. In the Asian session, at GMT0300, Gold … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1283.80 per ounce, after Ukraine accused Russia of launching a new military incursion across its Eastern border, thus increasing the metal’s … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal trading on a higher footing this morning

Gold Movement Gold prices traded higher by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1281.30 per ounce, despite the US registering encouraging durable goods and consumer confidence data. In the Asian session, at GMT0300, Gold … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal rebounds from its losses in the Asian session

Gold Movement Gold prices traded lower by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1276.90 per ounce, as appetite for the precious metal waned following a rally in the equity markets. In the Asian session, … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal reverses its losses this morning

Gold Movement Gold prices traded lower by 1.05% against the USD in the 24 hour period ending 23:00GMT, at 1277.70 per ounce, as a larger than expected drop in the first time US jobless claims and a string of upbeat … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal continues its losses in the Asian session, after China reported a fall in manufacturing activity

Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1291.30 per ounce, as minutes from the Fed’s recent meeting indicated that it could raise interest rates sooner than expected. Meanwhile, … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal continues with its losses in the Asian session, ahead of FOMC minutes

Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1296.60 per ounce, as encouraging housing and consumer inflation data raised expectations of a interest rate hike by Fed. In the … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal extends its losses in the Asian session

Gold Movement Gold prices traded lower by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1298.80 per ounce, after upbeat US housing data and worries of conflict/violence near the Ukraine-Russia border diminished. In the Asian session, … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal trading lower in the Asian session

Gold Movement On Friday, Gold prices traded lower by 0.78% against the USD in the period ending 21:00GMT, at 1303.80 per ounce, on the back of strong economic releases from the US. In the Asian session, at GMT0300, Gold is … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal continues with its losses in the Asian session

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1314.00 per ounce. However losses were capped after the US registered dismal labour market data as the US initial claims for the … Continue reading

Posted in Gold | Comments Off