Gold: Gold holding above the 1200 levels

  On Friday, Gold prices traded higher by 2.64% against the USD in the period ending 21:00GMT, at 1234.57 per ounce, as the precious metal’s recent decline prompted bargain hunting. In the Asian session, at GMT0300, Gold is trading at … Continue reading

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Gold: Yellow metal reverses previous session losses

  Gold prices traded lower by 2.22% against the USD in the 24 hour period ending 23:00GMT, at 1202.76 per ounce. In the Asian session, at GMT0300, Gold is trading at 1203.54, marginally higher from yesterday’s close. Gold is expected … Continue reading

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Gold: Yellow metal regaining some losses this morning

  Gold prices traded lower by 3.65% against the USD in the 24 hour period ending 23:00GMT, at 1230.10 per ounce. In the Asian session, at GMT0300, Gold is trading at 1239.23, 0.74% higher from yesterday’s close, as weak gross … Continue reading

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Gold: Gold continues to trade lower in the Asia session

  Gold prices traded lower by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1276.70 per ounce, as improving economic conditions in the US supported the case for the Federal Reserve to taper its bond buying … Continue reading

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Gold: Gold lower on Chinese growth concerns; trading higher this morning

  Gold prices traded lower by 1.28% against the USD in the 24 hour period ending 23:00GMT, at 1284.86 per ounce, after a leading broker cut its 2013 economic growth forecasts for China, world’s largest consumer of gold. In the … Continue reading

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Gold: Gold trading lower this morning

  On Friday Gold prices traded higher by 1.01% against the USD in the period ending 21:00GMT, at 1296.40 per ounce, amid bargain hunting. In the Asian session, at GMT0300, Gold is trading at 1290.22, 0.48% lower from Friday’s close. … Continue reading

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Gold: Gold tumbled below $1300/oz after FOMC decision

  Gold prices traded lower by 4.58% against the USD in the 24 hour period ending 23:00GMT, at 1283.38 per ounce, after the Federal Reserve Chief, Ben Bernanke signalled a scale back of its monetary easing in the near future … Continue reading

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Gold: Gold fell as Fed hints tightening of stimulus measures, trading higher this morning

  Gold prices traded lower by 1.73% against the USD in the 24 hour period ending 23:00GMT, at 1344.95 per ounce, as the greenback strengthened after the Federal Reserve signalled a scale back of its bond buying program later this … Continue reading

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Gold: Gold trading lower ahead of the FOMC meeting

  Gold prices traded lower by 1.11% against the USD in the 24 hour period ending 23:00GMT, at 1368.64 per ounce, as traders remained cautious over the outcome of the US Federal Reserve meeting. In the Asian session, at GMT0300, … Continue reading

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Gold: Yellow metal showing convergence with its MA’s

  Gold prices traded lower by 0.43% against the USD in the 24 hour period ending 23:00GMT, at 1384.03 per ounce. In the Asian session, at GMT0300, Gold is trading at 1384.12, marginally higher from yesterday’s close. Gold is expected … Continue reading

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Gold: Gold continues to trade higher in the Asian session

  On Friday Gold prices higher by 0.31% against the USD in the period ending 21:00GMT, at 1390.70 per ounce. In the Asian session, at GMT0300, Gold is trading at 1391.36, marginally higher from Friday’s close. Gold is expected to … Continue reading

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