Gold: Yellow metal continues to trade lower in the Asian trading hours

Gold Movement On Friday Gold prices traded lower by 0.70% against the USD in the period ending 21:00GMT, at 1340.28 per ounce, as demand for safe-haven assets declined after a better-than-expected US non-farm payrolls data renewed optimism on the growth-outlook … Continue reading

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Gold: Yellow metal trading above its MA’s

Gold Movement Gold prices traded higher by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1349.68 per ounce, as the European Central Bank (ECB) Chief, Mario Draghi’s projection for a gradual rise in the Euro-zone’s inflation … Continue reading

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Gold: Yellow metal extends gains in the Asian session

Gold Movement Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1337.00 per ounce, as soft US service PMI and private-sector employment data bolstered the safe-haven appeal of the metal. In the … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 1.18% against the USD in the 24 hour period ending 23:00GMT, at 1334.76 per ounce, as tensions over Ukraine crisis eased following withdrawal of Russian military troops from Ukraine borders. Yesterday, the CEO … Continue reading

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Gold: Yellow metal snaps gains in the morning session

Gold Movement Gold prices traded higher by 1.34% against the USD in the 24 hour period ending 23:00GMT, at 1350.64 per ounce, buoyed by strong demand for safe-haven assets amid ongoing tensions in Ukraine. Meanwhile, upbeat manufacturing PMI data from … Continue reading

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Gold: Gold trading higher amid strong demand for safe haven assets

Gold Movement On Friday Gold prices traded lower by 0.38% against the USD in the period ending 21:00GMT, at 1325.60 per ounce, as risk-appetite among traders increased following upbeat Reuters/Michigan US consumer sentiment and Chicago PMI data. In the Asian … Continue reading

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Gold: Yellow metal converging with its MA’s

Gold Movement Gold prices traded tad lower against the USD in the 24 hour period ending 23:00GMT, at 1330.66 per ounce. However, earlier during the day, the yellow metal traded higher as demand for safe-haven assets rose after the Fed … Continue reading

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Gold: Yellow metal extends its fall, hurt by a stronger US Dollar

Gold Movement Gold prices traded lower by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1330.80 per ounce, as a stronger US Dollar weighed on the yellow metal. Meanwhile, hawkish comments from the Dallas Fed President, … Continue reading

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Gold: Yellow metal continues to trade higher in the morning session

Gold Movement Gold prices traded higher by 0.43% against the USD in the 24 hour period ending 23:00GMT, at 1340.63 per ounce, as a dismal US consumer confidence data spurred demand for the safe-haven metal. Meanwhile, assets in the SPDR … Continue reading

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Gold: Precious metal reverses its gains in the morning session

Gold Movement Gold prices traded higher by 0.77% against the USD in the 24 hour period ending 23:00GMT, at 1334.83 per ounce, as soft economic data from the US and social unrest in Ukraine bolstered the safe-haven appeal of the … Continue reading

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Gold: Yellow metal trading lower in the morning, following Friday’s gain

Gold Movement On Friday Gold prices traded higher by 0.13% against the USD in the period ending 21:00GMT, at 1323.95 per ounce, as a lacklustre housing data from the US and violence in Ukraine bolstered the safe-haven appeal of the … Continue reading

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