Gold: Yellow metal trading steady this morning

Gold Movement Gold prices traded lower by 2.27% against the USD in the 24 hour period ending 23:00GMT, at 1221.40 per ounce, as the US Dollar strengthened after the ISM manufacturing PMI unexpectedly rose in November. In the Asian session, … Continue reading

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Gold: Yellow metal trading lower in Asian session, following Friday’s gain

Gold Movement On Friday Gold prices traded higher by 0.69% against the USD in the period ending 21:00GMT, at 1253.30 per ounce, amid weakness in the US Dollar. In the Asian session, at GMT0400, Gold is trading at 1246.74, 0.52% … Continue reading

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Gold: Yellow metal turn southwards in the Asian trading hours

Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1244.72 per ounce, amid a slightly weaker dollar. Positive sentiment for the yellow metal was also fuelled after data showed that … Continue reading

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Gold: Yellow metal reverses its direction in the Asian session

Gold Movement Gold prices traded lower by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1240.07 per ounce, amid a broadly stronger greenback on the back of encouraging economic data from the US. In the Asian … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded lower by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1242.80 per ounce, after encouraging US housing data indicated that the US economy is showing signs of strength and the US … Continue reading

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Gold: Yellow metal continues to trader higher in the Asian trading hours

Gold Movement Gold prices traded higher by 1.12% against the USD in the 24 hour period ending 23:00GMT, at 1251.93 per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1252.66, 0.06% higher from … Continue reading

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Gold: Yellow metal trading lower amid a pull-back in demand for safe-haven assets

Gold Movement On Friday Gold prices traded lower by 0.14% against the USD in the period ending 21:00GMT, at 1242.28 per ounce. In the Asian session, at GMT0400, Gold is trading at 1240.50, 0.14% lower from Friday’s close, as demand … Continue reading

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Gold: Yellow metal continues trading lower 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 1244.04 per ounce, after an upbeat US employment data strengthened the prospect for the Fed to start tapering the size of … Continue reading

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Gold: Yellow metal reverses its direction in the morning session

Gold Movement Gold prices traded lower by 2.35% against the USD in the 24 hour period ending 23:00GMT, at 1245.20 per ounce, after the minutes from the Fed’s latest policy meeting signalled that the FOMC might slow down the pace … Continue reading

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Gold: Yellow metal steady in the Asian trading hours

Gold Movement Gold prices traded higher by 0.06% against the USD in the 24 hour period ending 23:00GMT, at 1275.21 per ounce, as a weakness in the US Dollar bolstered the demand outlook of the dollar-denominated commodity. The US Dollar … Continue reading

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Gold: Yellow metal tad higher this morning

Gold Movement Gold prices traded lower by 1.16% against the USD in the 24 hour period ending 23:00GMT, at 1274.40 per ounce, as speculation for an earlier-than-expected Fed tapering was strengthened after the New York Fed President, William Dudley expressed … Continue reading

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