Gold: Yellow metal retreats amid delay in possible US strike on Syria

Gold Movement On Friday Gold prices traded lower by 0.65% against the USD in the period ending 21:00GMT, at 1395.41 per ounce, as the greenback strengthened on positive US consumer sentiment data. In the Asian session, at GMT0300, Gold is … Continue reading

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Gold: Gold reversed gains as Syrian tensions ebbed

Gold Movement Gold prices traded lower by 0.91% against the USD in the 24 hour period ending 23:00GMT, at 1404.60 per ounce, as the precious metal lost its safe haven appeal, after concerns over military attack by the US on … Continue reading

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Gold: Gold continues to trade above the $1400 level, despite witnessing losses in Asian session

Gold Movement Gold prices traded lower marginally against the USD in the 24 hour period ending 23:00GMT, at 1417.43 per ounce, as a stronger greenback curbed demand of gold as alternative investment. Also a recent surge in yellow metal prices, … Continue reading

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Gold: Syrian concerns push yellow metal above psychological level of $1400

Gold Movement Gold prices traded higher by 1.17% against the USD in the 24 hour period ending 23:00GMT, at 1417.53 per ounce, as investors flocked to the safety of precious metals, amid political tensions in Syria. Also, the US debt … Continue reading

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

  Gold prices traded lower by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1401.07 per ounce. In the Asian session, at GMT0300, Gold is trading at 1398.1, 0.21% lower from yesterday’s close. Gold is expected … Continue reading

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Gold: Gold trading lower this morning

  Gold prices traded higher by 1.44% against the USD in the 24 hour period ending 23:00GMT, at 1379.13 per ounce, as market participants digested reports of the Federal Reserve’s minutes to conclude that the stimulus program will remain in … Continue reading

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Gold: Gold lower after Fed minutes

Gold prices traded lower by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1359.53 per ounce, as the greenback strengthened, after the Fed minutes showed that policymakers broadly supported the Fed Chairman Ben Bernanke’s view to … Continue reading

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Gold: Yellow metal rose encouraged by strong demand prospect from Asia

  Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1369.50 per ounce, buoyed by speculation that upcoming festivals in India, might spur physical demand for the commodity. Investors also await the … Continue reading

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Gold: Yellow metal regaining its previous session losses this morning

  Gold prices traded lower by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1365.71 per ounce. In the Asian session, at GMT0300, Gold is trading at 1366.78, marginally higher from yesterday’s close. Gold is expected … Continue reading

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Gold: Yellow metal continues to trade higher this morning

On Friday Gold prices traded higher by 0.92% against the USD in the period ending 21:00GMT, at 1376.87 per ounce, as greenback fell on disappointing US consumer sentiment data, denting hopes for a speedy economic recovery. In the Asian session, … Continue reading

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Gold: Yellow metal moving higher in the Asian session

Gold prices traded higher by 1.88% against the USD in the 24 hour period ending 23:00GMT, at 1364.34 per ounce, as the greenback weakened. Traders shrugged off the reports that tighter import rules in India, pushing up prices on the … Continue reading

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