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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: Yellow metal extends its previous session rally
Gold prices traded higher by 2.47% against the USD in the 24 hour period ending 23:00GMT, at 1465.79 per ounce, as the dollar weakened and amid continuous buying of precious metal across Asia. 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 1.20% against the USD in the 24 hour period ending 23:00GMT, at 1430.47 per ounce, as strong physical demand from Asia, particularly India and China, encouraged buying. In the Asian session, at GMT0300, Gold … Continue reading
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Gold: Gold dropped as the greenback strengthened; trading higher this morning
Gold prices traded lower by 0.92% against the USD in the 24 hour period ending 23:00GMT, at 1413.53 per ounce, as weak factory output figures from Europe and China prompted investors to seek safe-haven positions in the US Dollar. … Continue reading
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Gold: Yellow metal reclaims $1400 per ounce mark
Gold prices traded higher by 1.50% against the USD in the 24 hour period ending 23:00GMT, at 1426.60 per ounce, to finish above $1,400 per ounce, buoyed by rise in physical demand for the precious metal. In the Asian session, … Continue reading
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Gold: Gold rose on demand for physical gold
On Friday Gold prices traded higher by 0.78% against the USD in the period ending 21:00GMT, at 1403.85 per ounce, following a rise in demand for physical gold. In the Asian session, at GMT0300, Gold is trading at 1422.35, … Continue reading
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Gold: Gold traded higher as dollar weakened
Gold prices traded higher by 1.10% against the USD in the 24 hour period ending 23:00GMT, at 1392.97 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1396.56, 0.26% higher from yesterday’s … Continue reading
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Gold: Yellow metal moving southwards in the Asian session
Gold prices traded higher by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1377.80 per ounce. In the Asian session, at GMT0300, Gold is trading at 1362.30, 1.12% lower from yesterday’s close. Gold is expected … Continue reading
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Gold: Gold reverses trend amid bottom fishing
Gold reversed its downward trend and traded higher by 1.37% against the USD in the 24 hour period ending 23:00GMT, at 1372.32 per ounce, as bottom fishers indulged in buying after the price plunged to its weakest since early … Continue reading
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Gold: Gold continues to dive
The yellow metal fell deeper into the bear-market territory, extending its slump into a second straight session, as prices nosedived 8.84% against the USD in the 24 hour period ending 23:00GMT, at 1353.82 per ounce. Global metal prices also … Continue reading
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Gold: Yellow metal tanked more than 5% on Friday, continues to trade lower this morning
On Friday Gold prices traded lower by 5.16% against the USD in the period ending 21:00GMT, at 1481.02 per ounce, as institutional investors continue to dispose their gold holdings on concerns that global central banks would reduce their gold holdings … Continue reading
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Gold: Gold rose after IMF cut GDP forecasts for the US
Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1561.65 per ounce, portraying its safe haven appeal after the International Monetary Fund (IMF) revised down its growth outlook for the US … Continue reading
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