Gold: Yellow metal hurt by Fed tapering speculation

Gold Movement Gold prices traded lower by 1.26% against the USD in the 24 hour period ending 23:00GMT, at 1314.09 per ounce, amid speculation that the Fed might decide to start tapering its $85 billion asset-purchase programme, in its policy … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal continues to shine in the morning session

Gold Movement On Friday Gold prices traded higher by 0.29% against the USD in the period ending 21:00GMT, at 1,327.60 per ounce, as a weaker dollar bolstered the demand outlook of the dollar denominated commodity. However, speculation that the Fed … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal rebounds from losses in the morning session

Gold Movement Gold prices traded lower by 2.98% against the USD in the 24 hour period ending 23:00GMT, at 1,323.72 per ounce, as the demand prospect of the dollar-denominated yellow metal was hurt after the US dollar gained ground following … Continue reading

Posted in Gold | Comments Off

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

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1,364.31 per ounce, as the demand outlook of the safe-haven metal was hit after the US expressed its willingness for a … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal pares losses in the Asian session

Gold Movement Gold prices traded lower by 1.54% against the USD in the 24 hour period ending 23:00GMT, at 1366.01 per ounce, as demand for the metal faded amid hopes that a US military strike against Syria could be averted … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal decline as investors’ risk appetite increases

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1387.33 per ounce, as appetite for risk-taking among investors increased following media reports that spurred speculation that Russia’s proposal to place Syria’s … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal advanced on weak dollar, pares gains in the Asian session

Gold Movement On Friday Gold prices traded higher by 1.77% against the USD in the period ending 21:00GMT, at 1391.62 per ounce, as the greenback lost ground following the release of a downbeat US employment data. Gold prices also got … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal rebounded from yesterday’s losses in the Asian session

Gold Movement Gold prices traded lower by 1.77% against the USD in the 24 hour period ending 23:00GMT, at 1367.38 per ounce, as the dollar rose following the latest batch of upbeat economic release form the US. The yellow metal … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded lower by 1.40% against the USD in the 24 hour period ending 23:00GMT, at 1392.00 per ounce, as investors refrained from taking major bets amid ongoing tensions between the US and Syria. However, the losses … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal higher on renewed concerns over Syria

Gold Movement Gold prices traded higher by 1.43% against the USD in the 24 hour period ending 23:00GMT, at 1411.79 per ounce, as upbeat Chinese manufacturing data released earlier in the week, the world’s second largest importer of gold, continued … Continue reading

Posted in Gold | Comments Off

Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded higher by 0.65% against the USD in the 24 hour period ending 23:00GMT, at 1391.95 per ounce. In the Asian session, at GMT0300, Gold is trading at 1393.68, 0.12% higher from yesterday’s close. Earlier, gold … Continue reading

Posted in Gold | Comments Off