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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: Yellow metal moves southward in the Asian trading hours
Gold Movement On Friday Gold prices ended mostly flat against the USD in the period ending 21:00GMT, at 1288.21 per ounce, erasing previous session gains, as investors took a breather from applauding the incoming Fed Chief, Janet Yellen’s dovish comments … Continue reading
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Gold: Yellow metal holding on to yesterday’s gains
Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1288.27 per ounce, after the nominee for the next Fed Chief, Janet Yellen, during her testimony before the Senate Banking Committee, … Continue reading
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Gold: Yellow metal extends its winning streak in the Asian session
Gold Movement Gold prices traded higher by 1.32% against the USD in the 24 hour period ending 23:00GMT, at 1283.58 per ounce, after the Fed Vice Chairman and a Nominee for the next Fed Chief, Janet Yellen, said that the … Continue reading
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Gold: Yellow metal rebounds from losses in the Asian session
Gold Movement Gold prices traded lower by 1.21% against the USD in the 24 hour period ending 23:00GMT, at 1266.81 per ounce, after Dallas Fed President, Richard Fisher’s recent comments on the Fed’s stimulus measures, fuelled fresh speculation for an … Continue reading
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Gold: Yellow metal extends its southward movement
Gold Movement Gold prices traded lower by 0.46% against the USD in the 24 hour period ending 23:00GMT, at 1282.34 per ounce, extending losses from Friday, amid speculations that the Fed would begin tapering its stimulus after better-than-expected US jobs … Continue reading
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Gold: Yellow metal trading almost flat after Friday’s fall
Gold Movement On Friday Gold prices traded lower by 1.52% against the USD in the period ending 21:00GMT, at 1288.25 per ounce, after the US Dollar strengthened following upbeat US non-farm payrolls data. In the Asian session, at GMT0400, Gold … Continue reading
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Gold: Yellow metal trading higher in the Asian session, following yesterday’s sell-off
Gold Movement Gold prices traded lower by 0.72% against the USD in the 24 hour period ending 23:00GMT, at 1308.08 per ounce, after data revealed that the US Gross Domestic Product (GDP) rose more than analysts’ expectation for the third … Continue reading
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Gold: Yellow metal gives up ground against the US Dollar
Gold Movement Gold prices traded higher by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1317.51 per ounce, amid a broadly weak dollar. In the Asian session, at GMT0400, Gold is trading at 1315.57, 0.15% lower … Continue reading
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Gold: Yellow metal pares losses in the morning session
Gold Movement Gold prices traded lower by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1311.74 per ounce, as an upbeat rise in the US ISM non-manufacturing index strengthened the prospect that the Fed might start … Continue reading
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Gold: Yellow metal snaps its losses in the morning session
Gold Movement Gold prices traded lower by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1314.55 per ounce. However, the losses in the commodity were capped, as the US Dollar gave up ground against major counterparts … Continue reading
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Gold: Yellow metal extends its fall in the Asian trading hours
Gold Movement On Friday Gold prices traded lower by 0.65% against the USD in the period ending 21:00GMT, at 1315.35 per ounce, as a stronger US Dollar weighed on the demand outlook of the dollar-denominated commodity. In the Asian session, … Continue reading
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