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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 extends its losses on weak demand-outlook
Gold Movement Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1294.40 per ounce, as a rally in world equity markets and a stronger US Dollar weighed on the demand prospects of … Continue reading
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Gold: Yellow metal snaps gains in the morning trading hours
Gold Movement Gold prices traded higher by 0.93% against the USD in the 24 hour period ending 23:00GMT, at 1295.80 per ounce, as demand for safe-haven assets increased after pro-Russian rebels in eastern Ukraine declared a victory in the disputed … Continue reading
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Gold: Yellow metal extends its losses on Fed’s stimulus outlook
Gold Movement On Friday Gold prices traded lower by 0.09% against the USD in the period ending 21:00GMT, at 1289.60 per ounce, amid broad gains in the US Dollar. Gold prices also came under pressure after the Dallas Fed President, … Continue reading
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Gold: Precious metal trading marginally lower with focus on Ukraine crisis
Gold Movement Gold prices traded higher by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1290.80 per ounce, as traders digested Fed Chief, Janet Yellen’s comments that the US central bank was in no rush to … Continue reading
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Gold: Gold trading marginally higher this morning, following yesterday’s slump on Yellen’s comments
Gold Movement Gold prices traded lower by 1.41% against the USD in the 24 hour period ending 23:00GMT, at 1289.90 per ounce, as the US Fed Chief, Janet Yellen’s optimistic comments on the US economy and Russian President, Vladimir Putin’s … Continue reading
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Gold: Precious metal reverses its direction in the Asian session
Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1308.30 per ounce, amid light trading as Japan, Hong Kong and South Korea markets were all closed for public holidays. However, … Continue reading
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Gold: Precious metal pares its gains in the Asian trading hours
Gold Movement Gold prices traded higher by 0.70% against the USD in the 24 hour period ending 23:00GMT, at 1310.50 per ounce, as escalating violence in Ukraine along with soft economic data from China and the US lured investors towards … Continue reading
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Gold: Precious metal continues to lose its shine in the Asian session
Gold Movement Gold prices traded lower by 0.63% against the USD in the 24 hour period ending 23:00GMT, at 1284.30 per ounce, as the latest batch of upbeat economic data from the US weighed on the safe-haven appeal of the … Continue reading
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Gold: Yellow metal extends its fall following Fed’s $10 billion taper
Gold Movement Gold prices traded lower by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1292.50 per ounce, after the Fed, citing the growth momentum in the US economy, announced its decision to slash its monthly … Continue reading
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Gold: Yellow metal trading tad lower ahead of the Fed’s decision on US monetary policy
Gold Movement Gold prices traded lower by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1295.60 per ounce, as traders awaited the outcome of the US Fed two-day policy meeting that concludes today. Meanwhile, a rally … Continue reading
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Gold: Yellow metal extends its losses in the Asian session
Gold Movement Gold prices traded lower by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1296.50 per ounce, as strong US pending home sales and Dallas Fed manufacturing data bolstered the recovery prospect of the US … Continue reading
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