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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Gold: Gold lower as Fed plans to windup stimulus program, trading higher in the Asian session
Gold prices traded lower by 0.63% against the USD in the 24 hour period ending 23:00GMT, at 1432.52 per ounce, pressured by concerns that the Federal Reserve might start to scale back its stimulus program. In the Asian session, … Continue reading
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Gold: Gold lower on strong dollar
On Friday Gold prices traded lower by 0.72% against the USD in the 24 hour period ending 24:00GMT, at 1446.35 per ounce, as the greenback strengthened on signs of improvement in the US economy, eroding the safe haven demand … Continue reading
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Gold: Precious metal fell more than a percent, trading higher this morning
Gold prices traded lower by 1.05% against the USD in the 24 hour period ending 23:00GMT, at 1456.79 per ounce, on concern that physical purchases may be slowing and as US jobless claims fell to pre-recession levels, adding to … Continue reading
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Gold: Gold tad higher this morning
Gold prices traded higher by 1.54% against the USD in the 24 hour period ending 23:00GMT, at 1472.20 per ounce, as the greenback weakened and on increased physical demand from China and India. In the Asian session, at GMT0300, … Continue reading
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Gold: Yellow metal trading higher this morning
Gold prices traded lower by 1.40% against the USD in the 24 hour period ending 23:00GMT, at 1449.89 per ounce, as upbeat German factory orders data and strong performance by global equity markets boosted investors’ appetite for riskier assets. … Continue reading
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Gold: Gold “bull market” intact, indicates WGC
Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1470.42 per ounce. Earlier, the yellow metal received some support after the World Gold Council (WGC) issued a bullish tone on the metal. Marcus … Continue reading
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Gold: Yellow metal increased amid optimism over rise in demand
Gold prices traded higher by 0.56% against the USD in the 24 hour period ending 23:00GMT, at 1467.32 per ounce, as rate cut by the European Central Bank raised optimism for future demand for the precious metals. In the … Continue reading
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Gold: Yellow metal continues to trade lower in the Asian session
Gold prices traded lower by 1.10% against the USD in the 24 hour period ending 23:00GMT, at 1459.15 per ounce, as lackluster US factory and jobs data sparked selloff. Precious metal traders shrugged off the US Federal Reserve’s decision … Continue reading
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Gold: Yellow metal trading lower in the morning session
Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1475.31 per ounce, amid hopes of further monetary easing by the US and European central-bank. In the Asian session, at GMT0300, Gold is … Continue reading
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Gold: Yellow metal moving northward in the Asian session
Gold prices traded lower by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1462.09 per ounce. In the Asian session, at GMT0300, Gold is trading at 1471.60, 0.65% higher from yesterday’s close. Gold is expected to … Continue reading
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Gold: Gold declined amid profit booking; trading higher this morning
On Friday Gold prices traded lower by 0.25% against the USD in the period ending 21:00GMT, at 1462.09 per ounce, as investor indulged in profit booking. Over the weekend, a leading broker lowered its 2013 gold price forecast to … Continue reading
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