Gold: US CPI data in focus

Gold prices traded higher by 1.36% against the USD in the 24 hour period ending 23:00GMT, at 1339.19 per ounce, on broad gains in commodities and as signs of simmering inflation in the US lifted the yellow metal prices. Yesterday, … Continue reading

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Gold: Yellow metal fell after India hiked gold duty, trading higher this morning, trading higher this morning

  Gold prices traded tumbled 1.13% against the USD in the 24 hour period ending 23:00GMT, at 1321.19 per ounce, after India, world’s largest gold consumer, hiked import duties on gold for the third time in 2013 to curtail nation’s … Continue reading

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Gold: Gold prices ended higher on increased Chinese demand, trading lower this morning

  Gold prices traded higher by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1336.23 per ounce, after reports showed that gold consumption in China has increased. The China Gold Association reported that the nation’s gold … Continue reading

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Gold: Yellow metal trading higher in the morning session

  On Friday, Gold prices traded marginally higher against the USD in the period ending 21:00GMT, at 1314.40 per ounce, amid signs of improvement in the Chinese economy. In the Asian session, at GMT0300, Gold is trading at 1330.02, 1.19% … Continue reading

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Gold: Gold trading well above $1300 levels

  Gold prices rose 2.34% against the USD in the 24 hour period ending 23:00GMT, at 1313.99 per ounce, as the greenback weakened against basket of currencies. Also, strong Chinese imports data added support to precious metals. In the Asian … Continue reading

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Gold: Yellow metal continues to rise this morning

  Gold prices traded slightly higher against the USD in the 24 hour period ending 23:00GMT, at 1283.90 per ounce, as physical demand from Asian countries provided support to gold prices, shrugging off news that another Fed President hinted at … Continue reading

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Gold: Gold ended below $1300 level on strong US data, Fed official comments

  Gold prices traded lower by 1.54% against the USD in the 24 hour period ending 23:00GMT, at 1283.21 per ounce, as continuous flow of strong data from the US and comments by a Federal Reserve official boosted US Dollar. … Continue reading

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Gold: Gold softens on strong European and US economic data

  Gold prices traded lower by 0.74% against the USD in the 24 hour period ending 23:00GMT, at 1303.29 per ounce, as a positive economic data from Europe and the US dampened yellow metal’s safe haven appeal. In the Asian … Continue reading

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Gold: Yellow metal rose as the dollar declined

On Friday, Gold prices traded higher by 0.53% against the USD in the period ending 21:00GMT, at 1311.75 per ounce, bouncing back from the previous session losses as the dollar weakened after the highly awaited US employment data failed to … Continue reading

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Gold: Yellow metal fell on robust US jobs and factory data, trading higher this morning

  Gold prices traded lower by 1.61% against the USD in the 24 hour period ending 23:00GMT, at 1304.84 per ounce, as US dollar strengthened following better-than-expected US jobless claims and manufacturing PMI data. In the Asian session, at GMT0300, … Continue reading

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Gold: Gold showing convergence with its MA’s

  Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1326.14 per ounce. In the Asian session, at GMT0300, Gold is trading at 1322.26, 0.29% lower from yesterday’s close, after the Federal … Continue reading

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