Gold: Yellow metal gained as dollar weakened

  Gold prices traded higher by 0.77% against the USD in the 24 hour period ending 23:00GMT, at 1391.45 per ounce, as the dollar weakened. Yesterday, the World Gold Council (WGC) indicated that demand for the yellow metal in India … Continue reading

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Gold: Yellow metal dropped as dollar advanced; trading lower in the Asian session

  Gold prices traded lower by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1380.79 per ounce, as demand for the precious metal decreased after the dollar strengthened. Yesterday, two leading broking houses lowered their gold … Continue reading

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Gold: Yellow metal trading lower this morning

  Gold prices traded higher by 0.56% against the USD in the 24 hour period ending 23:00GMT, at 1394.01 per ounce, on increased physical demand from Asian countries especially from India and China. In the Asian session, at GMT0300, Gold … Continue reading

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Gold: Yellow metal trading higher this morning

  Gold prices traded higher by 1.69% against the USD in the 24 hour period ending 23:00GMT, at 1390.51 per ounce. In the Asian session, at GMT0300, Gold is trading at 1394.10, 0.26% higher from yesterday’s close. Gold is expected … Continue reading

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Gold: Yellow metal takes a hit following the release of FOMC minutes

Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1367.44 per ounce, after the latest Federal Open Market Committee (FOMC) minutes indicated that a number of policy makers expressed willingness to adjust … Continue reading

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Gold: Gold trading higher this morning

  Gold prices traded lower by 1.30% against the USD in the 24 hour period ending 23:00GMT, at 1373.05 per ounce. In the Asian session, at GMT0300, Gold is trading at 1378.32, 0.38% higher from yesterday’s close. Gold is expected … Continue reading

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Gold: Yellow metal advanced on a weak dollar; trading lower this morning

  Gold prices traded higher by 3.45% against the USD in the 24 hour period ending 23:00GMT, at 1391.15 per ounce, as bargain hunters bought the precious metal after its prices fell in the last week. In the Asian session, … Continue reading

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Gold: Yellow metal dropped as dollar gained; trading lower this morning

  On Friday Gold prices traded lower by 1.87% against the USD in the period ending 21:00GMT, at 1359.15 per ounce, as the greenback strengthened following an upbeat US consumer sentiment data. In the Asian session, at GMT0300, Gold is … Continue reading

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Gold: Gold lower on Fed’s comments about loosening monetary policy

  Gold prices traded lower by 0.72% against the USD in the 24 hour period ending 23:00GMT, at 1385.10 per ounce, as the greenback strengthened after the President of Federal Reserve Bank of San Francisco, John Williams stated that the … Continue reading

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Gold: Gold reverses its direction in the Asian session

  Gold prices traded lower by 2.22% against the USD in the 24 hour period ending 23:00GMT, at 1395.20 per ounce. In the Asian session, at GMT0300, Gold is trading at 1396.18, marginally higher from yesterday’s close. Gold is expected … Continue reading

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Gold: Gold traded lower amid strength in the US Dollar

  Gold prices traded lower by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1426.93 per ounce, as greenback strengthened against all of its major counter parts in yesterday’s session. In the Asian session, at GMT0300, … Continue reading

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