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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 gains on strong safe-haven demand
Gold Movement On Friday Gold prices traded higher by 0.89% against the USD in the period ending 20:00GMT, at 1303.20 per ounce, as escalating concerns over Ukraine crisis and a broad decline in the US equity markets bolstered the safe-haven … Continue reading
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Gold: Precious metal continues to trade higher in the Asian session
Gold Movement Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, at 1291.72 per ounce, as escalating tensions between Russia and Ukraine spurred demand for safe-haven assets. However, a rally in world equity … Continue reading
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Gold: Yellow metal trading higher amid strong demand for safe-haven assets
Gold Movement Gold prices traded lower by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1284.09 per ounce. However, earlier during the day, gold prices rose as ongoing tensions in Ukraine refused to subside and soft … Continue reading
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Gold: Yellow metal trading marginally lower in the morning session
Gold Movement Gold prices traded lower by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1284.94 per ounce, as optimism on the recovery of the US economy and a rally in the US equity markets lured … Continue reading
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Gold: Precious metal continues to trade lower amid a self-off in gold ETF
Gold Movement Gold prices traded lower by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1289.71 per ounce, following reports that revealed the SPDR Gold Trust suffered an outflow of 9.3 tonnes last week. Meanwhile, the … Continue reading
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Gold: Yellow metal pares its gains in the morning trading hours
Gold Movement Gold prices traded higher by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1303.91 per ounce, as geopolitical turmoil in Ukraine bolstered the demand for safe-haven metal. Meanwhile, the Fed Chief, Janet Yellen’s indication … Continue reading
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Gold: Yellow metal extends its downward trend in the Asian session
Gold Movement Gold prices traded lower by 1.73% against the USD in the 24 hour period ending 23:00GMT, at 1302.81 per ounce, amid profit-taking and a stronger US Dollar. The prices of the yellow metal also came under pressure after … Continue reading
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Gold: Precious metal extends its fall in the Asian session
Gold Movement Gold prices traded lower by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1325.76 per ounce, hurt by a stronger US Dollar and comments from a leading broking house, that forecasted gold prices to … Continue reading
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Gold: Safe-haven metal extends its gains amid escalating Ukraine tensions
Gold Movement On Friday, Gold prices traded slightly higher against the USD in the period ending 21:00GMT, at 1318.42 per ounce. Data from India, world’s second largest importer of gold, showed that gold and silver imports to the nations dropped … Continue reading
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Gold: Yellow metal continues to trade higher 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 1318.32 per ounce, as former losses in US equity markets lured investors to the safe-haven appeal of the metal. However, the … Continue reading
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Gold: Precious metal extends its gains on back of Fed’s minutes
Gold Movement Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1311.32 per ounce, as the US Dollar declined following the release of the minutes from the Fed’s March policy meeting, which … Continue reading
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