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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Gold: Yellow metal trading on a higher footing this morning
Gold Movement Gold prices traded lower by 1.02% against the USD in the 24 hour period ending 23:00GMT, at 1295.20 per ounce, as Fed Chief, Janet Yellen in her testimony, indicated that increasing interest rates cannot be used as a … Continue reading
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Gold: Yellow metal trading tad lower ahead of Fed’s Yellen’s testimony
Gold Movement Gold prices traded lower by 2.31% against the USD in the 24 hour period ending 23:00GMT, at 1308.50 per ounce, thereby reporting its largest daily drop of 2014, following a rally in global equity markets and amid profit … Continue reading
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Gold: Yellow metal reversed its gains this morning
Gold Movement On Friday, Gold prices traded higher by 0.25% against the USD in the period ending 21:00GMT, at 1340.00 per ounce, after the safe haven appeal of the metal continued to rise as conflicts in Ukraine and the Middle … Continue reading
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Gold: Yellow metal extends its gains on Euro-zone banking woes
Gold Movement Gold prices traded higher by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1336.60 per ounce, as the safe haven appeal of the yellow metal was in demand from investors following the failure of … Continue reading
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Gold: Yellow metal extends its gain in the Asian session
Gold Movement Gold prices traded higher by 0.67% against the USD in the 24 hour period ending 23:00GMT, at 1328.30 per ounce, amid a broad decline in the US Dollar following the lack of clarity by the Fed’s minutes on … Continue reading
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Gold: Yellow metal trading lower ahead of the FOMC meeting minutes
Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1319.50 per ounce, amid a decline in global equity markets. Additionally, the demand for the yellow metal rose, following an initial … Continue reading
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Gold: Yellow metal trading tad lower in the Asian session
Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1319.50 per ounce, as reports suggested a rise in the net-long positions of hedge fund managers for a fourth straight week … Continue reading
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Gold: Yellow metal trading lower in the Asian session
Gold Movement On Friday, Gold prices traded marginally higher against the USD in the period ending 21:00GMT, at 1320.60 per ounce. In the Asian session, at GMT0300, Gold is trading at 1317.60, 0.23% lower from Friday’s close, as the safe … Continue reading
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Gold: Yellow metal trading tad higher in the Asian session
Gold Movement Gold prices traded lower by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1320.40 per ounce, following inspiring jobs data from the US as it diminished the safe haven appeal of the yellow metal. … Continue reading
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Gold: Yellow metal pares its yesterday’s gains in the Asian session
Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1327.40 per ounce, as Fed Chief, Janet Yellen’s dovish comments on the US interest-rate-outlook caused a decline in the US Dollar, which … Continue reading
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Gold: Yellow metal trading marginally lower this morning
Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1327.10 per ounce, as geo-political tensions in Ukraine and the Middle East bolstered the safe-haven appeal of the metal. However, a rally … Continue reading
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