Gold: Yellow metal reverses losses in the Asian session

  Gold prices traded lower by 1.75% against the USD in the 24 hour period ending 23:00GMT, at 1558.61 per ounce, after Goldman Sachs slashed its price forecast on the precious metal, while the minutes of the US Fed meeting … Continue reading

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Gold: Precious metal trading tad higher this morning

Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1586.38 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1587.16, marginally higher from yesterday’s close. … Continue reading

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Gold: Yellow metal declined amid profit booking; trading higher this morning

  Gold prices traded lower by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1573.25 per ounce, as investors indulged in profit booking following Friday’s rally. In the Asian session, at GMT0300, Gold is trading at … Continue reading

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Gold: Gold firmer on sluggish US data, trading lower this morning

  On Friday Gold prices traded higher by 1.91% against the USD in the 24 hour period ending 24:00GMT, at 1582.60 per ounce, as the greenback weakened after US recorded worse-than-expected jobs data in March. In the Asian session, at … Continue reading

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Gold: Yellow metal continue to lose its shine

  Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1552.95 per ounce. In the Asian session, at GMT0300, Gold is trading at 1551.94, marginally lower from yesterday’s close. Gold is expected … Continue reading

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Gold: Yellow metal sinks on ebbing demand signals

  Gold prices traded lower by 1.17% against the USD in the 24 hour period ending 23:00GMT, at 1557.92 per ounce, on the back of sluggish demand at existing higher levels. In the Asian session, at GMT0300, Gold is trading … Continue reading

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Gold: Yellow metal trading lower in the Asian session

  Gold prices traded lower by 1.51% against the USD in the 24 hour period ending 23:00GMT, at 1576.32 per ounce. A noted French bank offered a dismal outlook for the yellow metal, stating that the gold price is in … Continue reading

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Gold: Yellow metal trading higher in the Asian session

  Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1600.53 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1602.08, 0.10% higher from yesterday’s … Continue reading

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Gold: Yellow metal continues to trade above $1600 per ounce levels

  Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1605.45 per ounce, underpinned by hopes that the Federal Reserve will maintain its loose monetary policy after top policymakers indicated that the … Continue reading

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Gold: Yellow metal trading just below $1600 per ounce this morning

  Gold prices traded lower by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1600.97 per ounce. In the Asian session, at GMT0400, Gold is trading at 1599.53, marginally lower from yesterday’s close. Gold is expected … Continue reading

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Gold: Yellow metal inches down

  Gold prices traded lower by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1604.36 per ounce, as a bailout deal to avert a collapse of Cyprus’ banking system reduced the metal’s safe-haven appeal. In the … Continue reading

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