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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: Precious metal regains some of its lost ground in the Asian session
Gold Movement Gold prices traded lower by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1255.30 per ounce, following an upbeat weekly jobless claims data from the US economy. However, the yellow metal pared some of … Continue reading
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Gold: Precious metal trading lower amid soft demand for safe-haven assets
Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1258.90 per ounce, extending its previous day’s losses amid mounting speculation that the newly elected Ukraine-President, Petro Poroshenko, would strive towards … Continue reading
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Gold: Gold trading below its MA’s
Gold Movement Gold prices plunged 2.17% against the USD in the 24 hour period ending 23:00GMT, at 1264.10 per ounce, as a rally in the US equity markets and the latest batch of upbeat US economic releases increased investors’ risk-taking … Continue reading
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Gold: Yellow metal extends its gains on Ukraine tensions
Gold Movement Gold prices edged up marginally against the USD in the 24 hour period ending 23:00GMT, at 1292.20 per ounce, as traders digested the election victory of the pro-West Ukraine President, Petro Poroshenko amid tensions with Russia. In the … Continue reading
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Gold: Gold extends its gains in the morning session
Gold Movement Gold prices rose marginally against the USD in the 24 hour period ending 23:00GMT, at 1293.60 per ounce, amid lingering speculation that easing of gold-imports norms by the RBI would spur additional demand for gold in India, the … Continue reading
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Gold: Precious metal extends its downward direction in the morning session
Gold Movement Gold prices traded lower by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1292.90 per ounce, as rally in the world equity markets weighed on the demand prospect of the metal as an alternate … Continue reading
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Gold: Gold extends its upward direction in the Asian session
Gold Movement Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1295.00 per ounce, as a decline in the US equity markets bolstered demand for the metal as an alternate investment. Positive … Continue reading
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Gold: Precious metal continues to shine in the Asian session
Gold Movement Gold prices traded higher by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1293.50 per ounce, amid a broad weakness in the US Dollar and on speculation that the newly formed government in India … Continue reading
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Gold: Yellow metal pares its losses in the Asian session
Gold Movement On Friday Gold prices traded lower by 0.20% against the USD in the period ending 21:00GMT, at 1293.50 per ounce, amid mixed batch of economic releases from the US, the world’s largest economy. Gold prices also came under … Continue reading
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Gold: Precious metal regains some lost ground in the Asian session
Gold Movement Gold prices traded lower by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1296.10 per ounce, as the latest batch of strong employment and inflation data from the US economy dampened the safe-haven appeal … Continue reading
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Gold: Precious metal reverses its direction in the Asian session
Gold Movement Gold prices traded higher by 0.85% against the USD in the 24 hour period ending 23:00GMT, at 1305.40 per ounce, as a decline in the US equity markets and a broad weakness in the US Dollar bolstered the … Continue reading
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