Gold: Yellow metal reverses its direction in the Asian trading hours

Gold Movement Gold prices traded higher by 0.75% against the USD in the 24 hour period ending 23:00GMT, at 1322.27 per ounce, after data indicated a less-than-expected rise in employees claiming jobless benefits last week while the US consumer prices … Continue reading

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Gold: Yellow metal extends its fall on Dollar’s strength

Gold Movement Gold prices traded lower by 0.79% against the USD in the 24 hour period ending 23:00GMT, at 1312.47 per ounce, after the US Dollar advanced following the release of the minutes from the Fed’s latest policy meeting, which … Continue reading

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Gold: Global gold demand falls by 15% in 2013, reports World Gold Council

Gold Movement Gold prices traded lower by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1322.94 per ounce, affected by a World Gold Council report which indicated a 15% drop in global gold demand in 2013. … Continue reading

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Gold: Yellow metal reverses its direction in the Asian session

Gold Movement Gold prices traded higher by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1330.04 per ounce, as traders took refuge under the safe-haven metal amid bets that the unfavourable climatic condition in the US … Continue reading

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Gold: Yellow metal trading above its MA’s

Gold Movement On Friday Gold prices traded higher by 1.29% against the USD in the period ending 21:00GMT, at 1318.13 per ounce, amid a broad decline in the US Dollar. In the Asian session, at GMT0400, Gold is trading at … Continue reading

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Gold: Yellow metal continues to trade above crucial $1300 per ounce

Gold Movement Gold prices traded higher by 0.82% against the USD in the 24 hour period ending 23:00GMT, at 1301.31 per ounce. The greenback came under pressure, after data showed that retail sales in the US fell in January, while … Continue reading

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Gold: Precious metal trading lower in the Asian trading hours

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1290.79 per ounce. However, the gains in the yellow metal were capped after the US Dollar strengthened following a hawkish tone from … Continue reading

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Gold: Precious metal reverses its direction in the Asian trading hours

Gold Movement Gold prices finished 1.27% higher against the USD in the 24 hour period ending 23:00GMT, at 1290.49 per ounce, as traders favoured the safe-haven metal following downbeat comments about the recovery in the US labour market from the … Continue reading

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Gold: Yellow metal extends its winning streak in the Asian session

Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1274.36 per ounce. In the Asian session, at GMT0400, Gold is trading at 1283.21, 0.69% higher from yesterday’s close, ahead of … Continue reading

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Gold: Yellow metal extends its gains in the morning session

Gold Movement On Friday Gold prices traded higher by 0.87% against the USD in the period ending 21:00GMT, at 1268.15 per ounce, after disappointing US labour market data, raised speculations that the slowing economic outlook would force the Federal Reserve … Continue reading

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Gold: Yellow metal reverses its losses in the morning

Gold Movement Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1257.18 per ounce. In the Asian session, at GMT0400, Gold is trading at 1261.85, 0.37% higher from yesterday’s close. Gold is … Continue reading

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