Gold: Yellow metal reverses its direction in the Asian session

Gold Movement Gold prices traded lower by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1324.02 per ounce, as a stronger US Dollar and lingering concerns on the Fed’s pace of stimulus measures weighed on the … Continue reading

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Gold: Yellow metal continues to lose its shine in the Asian session

Gold Movement Gold prices traded lower by 0.23% against the USD in the 24 hour period ending 23:00GMT, at 1341.09 per ounce, as the US Dollar gained ground against major counterparts after the Fed decided to maintain the size of … Continue reading

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Gold: Yellow metal trading steady in the Asian session

Gold Movement Gold prices traded lower by 0.58% against the USD in the 24 hour period ending 23:00GMT, at 1344.23 per ounce, as a stronger dollar weighed on the demand prospect of the dollar-denominated commodity. In the Asian session, at … Continue reading

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Gold: Yellow metal pares losses on strong demand prospects from India

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1352.13 per ounce, as a stronger US Dollar weighed on the demand prospect of the dollar denominated commodity. Prices of the yellow … Continue reading

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Gold: Yellow metal pares its gains in the Asian session

Gold Movement On Friday Gold prices traded higher by 0.46% against the USD for the period ending 21:00GMT, at 1352.70 per ounce, as positive sentiment was fuelled amid speculation that upcoming festive season in India might boost demand for the … Continue reading

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Gold: Yellow metal pares its five-week gain in the morning session

Gold Movement Gold prices traded higher by 1.00% against the USD in the 24 hour period ending 23:00GMT, at 1346.47 per ounce, as an upbeat rise in China’s HSBC manufacturing PMI bolstered the demand prospect of the commodity. The prices … Continue reading

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Gold: Yellow metal rebounds on strong Chinese PMI data

Gold Movement Gold prices traded lower by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1333.14 per ounce, as the demand outlook of the dollar-denominated precious metal was hit after the US Dollar stabilised following Tuesday’s … Continue reading

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Gold: Yellow metal pares gains in the Asian session

Gold Movement Gold prices traded higher by 2.05% against the USD in the 24 hour period ending 23:00GMT, at 1341.33 per ounce, as weakness in the US Dollar bolstered the demand outlook of the dollar denominated metal. The USD lost … Continue reading

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Gold: Yellow metal rises in the Asian trading hours

Gold Movement Gold prices traded lower by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1314.40 per ounce, as a stronger US Dollar weighed on the demand prospect of the dollar-denominated commodity. However, the losses were … Continue reading

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Gold: Yellow metal pares losses in the morning trading hours

Gold Movement On Friday Gold prices traded lower by 0.14% against the USD in the period ending 21:00GMT, at 1316.28 per ounce, as risk-appetite among investors increased following rally in the global equities markets, which in turn dimmed the demand … Continue reading

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Gold: Yellow metal tad lower, following yesterday’s surge

Gold Movement Gold prices traded higher by 2.92% against the USD in the 24 hour period ending 23:00GMT, at 1318.08 per ounce, as a weaker US Dollar bolstered the demand outlook of the dollar-denominated commodity. The US Dollar gave up … Continue reading

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