Gold: Yellow metal continues to rise on US budget deal optimism

Gold Movement Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1280.74 per ounce, as the US Senate reached an agreement on raising the nation’s debt ceiling, a move that facilitates the … Continue reading

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Gold: Yellow metal advances amid US budget concerns

Gold Movement Gold prices traded higher by 0.46% against the USD in the 24 hour period ending 23:00GMT, at 1278.18 per ounce, as investors favoured the safe-haven commodity, amid concerns over the US budget talks ahead of its looming Thursday … Continue reading

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Gold: Yellow metal reverses its direction in the morning session

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1272.32 per ounce, on speculation that the US lawmakers would devise a deal to avert a possible default of the world’s … Continue reading

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Gold: Yellow metal extends its losses in the morning session

Gold Movement On Friday, Gold prices traded lower by 1.10% against the USD for the period ending 21:00GMT, at 1273.09 per ounce. In the Asian session, at GMT0300, Gold is trading at 1271.53, 0.12% lower from Friday’s close. Gold is … Continue reading

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Gold: Yellow metal pares its losses in the Asian session, but still below the $1,300 price level

Gold Movement Gold prices traded lower by 1.41% against the USD in the 24 hour period ending 23:00GMT, at 1287.20 per ounce, as the greenback rebounded on signs that the US government was taking steps towards resolving its budget impasse. … Continue reading

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Gold: Yellow metal continues to slide, trading close to $1300 per ounce

Gold Movement Gold prices traded lower by 1.08% against the USD in the 24 hour period ending 23:00GMT, at 1305.58 per ounce, as the greenback gained ground against major peers after minutes from the FOMC minutes showed that majority of … Continue reading

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Gold: Yellow metal extends its decline but still above 1,300 level

Gold Movement Gold prices traded lower by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1319.80 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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Gold: Yellow metal continues to shine in the Asian session

Gold Movement Gold prices traded higher by 0.56% against the USD in the 24 hour period ending 23:00GMT, at 1322.47 per ounce, as investors favoured the safe-haven metal amid lingering concerns over a political deadlock in the US budget talks. … Continue reading

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Gold: Yellow metal reverses its direction in the Asian session

Gold Movement On Friday Gold prices traded lower by 0.38% against the USD in the period ending 21:00GMT, at 1310.93 per ounce, as stronger US Dollar weighed on the demand prospect of the dollar-denominated precious metal. In the Asian session, … Continue reading

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Gold: Yellow metal extends its fall in the Asian session

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1315.99 per ounce, as an upbeat weekly jobless claim data fuelled fresh speculation that strength in the US labour market might facilitate … Continue reading

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Gold: Yellow metal gives up former 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 1316.22 per ounce, as investors took refuge in the safe-haven metal amid a US government shutdown. Gold prices also received some … Continue reading

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