Gold: Yellow metal continues to shine in the Asian session

Gold Movement Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1326.80 per ounce, amid a broad decline in the US Dollar. Separately, a report from Bloomberg showed that holdings in the … Continue reading

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Gold: Yellow metal pares its losses in the Asian session

Gold Movement On Friday Gold prices traded marginally lower against the USD in the period ending 21:00GMT, at 1316.30 per ounce, as a more-than-expected rise in the US consumer confidence data for June weighed on the demand-outlook of the commodity’s … Continue reading

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Gold: Yellow metal trading higher this morning, following yesterday’s fall

Gold Movement Gold prices traded lower by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1316.60 per ounce, amid media reports showing that Chinese officials have uncovered $15.2 billion worth of loans tied to potentially illegal … Continue reading

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Gold: Yellow metal pares its gains in the Asian session

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1318.70 per ounce, as the latest batch of dismal economic data from the US economy and a broad weakness in the US … Continue reading

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Gold: Yellow metal pares its yesterday’s gains in the Asian session

Gold Movement Gold prices traded higher by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1318.50 per ounce, as a weakness in the US equity markets and lingering geo-political tensions in Iraq, bolstered the demand-outlook of … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1315.80 per ounce, as a broad weakness in global equity markets and lingering tensions over Iraq crisis, lured investors towards the … Continue reading

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Gold: Yellow metal trading lower amid a rally in Asian equity markets

Gold Movement On Friday Gold prices traded lower by 0.39% against the USD in the period ending 21:00GMT, at 1315.00 per ounce, amid profit-taking. However, continued unrest in Iraq kept the commodity’s losses in check. In the Asian session, at … Continue reading

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Gold: Gold trading above $1,300-per-ounce level amid lingering geo-political tensions in Iraq

Gold Movement Gold prices rallied 3.27% against the USD in the 24 hour period ending 23:00GMT, at 1320.10 per ounce, as traders continued to fret over lingering geo-political turmoil in Iraq and over the US economic growth-outlook. Yesterday, the US … Continue reading

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Gold: Yellow metal snaps gains in the Asian trading hours

Gold Movement Gold prices traded higher by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1278.30 per ounce, as traders favoured the safe-haven metal after the Fed slashed its growth-forecast on the US economy for 2014 … Continue reading

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Gold: Yellow metal trading marginally lower ahead of the outcome of the Fed’s policy meeting

Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1270.60 per ounce, as a strong US consumer inflation data spurred gains in the US Dollar, weighing on the demand-outlook of … Continue reading

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Gold: Yellow metal extends its losses amid profit-taking

Gold Movement Gold prices traded lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1272.70 per ounce, amid profit taking. Adding to the negative sentiment, Indian Government decided to hike import tariff on gold and … Continue reading

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