Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 0.75% against the USD in the 24 hour period ending 23:00GMT, at 1232.61 per ounce, as speculation rose that the US Federal Reserve may begin tapering its quantitative easing program after the conclusion … Continue reading

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Gold: Yellow metal edges higher ahead of the Fed outcome

Gold Movement Gold prices traded higher by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1241.89 per ounce, ahead of a policy decision from the Federal Reserve on its bullion-friendly stimulus measures. Meanwhile, the SPDR Gold … Continue reading

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Gold: Yellow metal eases as Fed meeting looms

Gold Movement On Friday Gold prices traded higher by 0.91% against the USD in the period ending 21:00GMT, at 1237.93 per ounce. In the Asian session, at GMT0400, Gold is trading at 1235.50, 0.20% lower from Friday’s close, as nervous … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 2.13% against the USD in the 24 hour period ending 23:00GMT, at 1226.82 per ounce, after better-than-expected US retail sales figures sparked market expectations that the Federal Reserve might announce plans to taper … Continue reading

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Gold: Yellow metal converging with its MA’s

Gold Movement Gold prices traded lower by 0.70% against the USD in the 24 hour period ending 23:00GMT, at 1253.48 per ounce, as speculations rose that the Federal Reserve would very soon take the tapering route as the US lawmakers … Continue reading

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Gold: Gold trading lower in the Asian session, following yesterday’s surge

Gold Movement Gold prices traded higher by 1.80% against the USD in the 24 hour period ending 23:00GMT, at 1262.29 per ounce, amid broad weakness in the US Dollar. In the Asian session, at GMT0400, Gold is trading at 1256.73, … Continue reading

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Gold: Precious metal maintains its shine in the morning session

Gold Movement Gold prices traded higher by 0.67% against the USD in the 24 hour period ending 23:00GMT, at 1239.97 per ounce, amid bargain hunting. However, the gold prices dropped after a few key Fed policymakers, hinted that a recent … Continue reading

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Gold: Yellow metal continues to shine in the Asian session

Gold Movement On Friday Gold prices traded higher by 0.25% against the USD in the period ending 21:00GMT, at 1228.40 per ounce, after Chicago Fed President, Charles Evans, eased concerns over an earlier-than-expected tapering of Fed stimulus measures, stating that … Continue reading

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Gold: Gold stable in the Asian session

Gold Movement Gold prices traded lower by 1.41% against the USD in the 24 hour period ending 23:00GMT, at 1225.35 per ounce, as positive data from the US diminished the precious metal’s safe-haven appeal. Economic data released yesterday indicated that … Continue reading

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Gold: Yellow metal reverses its direction in the Asian session

Gold Movement Gold prices traded higher by 1.55% against the USD in the 24 hour period ending 23:00GMT, at 1242.90 per ounce. However, the release of upbeat ADP report on private sector job creation, as well as data on new … Continue reading

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Gold: Yellow metal pares its gains in the Asian session

Gold Movement Gold prices traded higher by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1223.94 per ounce. However, the gains in the gold prices were capped, after a leading brokerage house slashed its 2014-forecast on … Continue reading

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