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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: Precious metal fell as the ECB and BoE did not hinted additional stimulus
Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1578.55 per ounce, as hopes for stimulus faded after the European Central Bank (ECB) gave no clear hints of further monetary easing, while … Continue reading
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Gold: Yellow metal trading marginally higher in the Asian session
Gold prices traded higher by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1583.60 per ounce, missing to break above a key resistance at $1585 per ounce. In the Asian session, at GMT0400, Gold is … Continue reading
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Gold: Gold continues to trade higher this morning
Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1575.55 per ounce. Yesterday a leading broker lowered its outlook on gold prices for the FY2013 by 6.9% to $1,680 per ounce and … Continue reading
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Gold: Yellow metal moving northwards in the Asian session
Gold prices traded lower by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1574.91 per ounce. In the Asian session, at GMT0400, Gold is trading at 1579.05, 0.26% higher from yesterday’s close, as speculation rose … Continue reading
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Gold: Gold dropped on strong dollar, trading higher this morning
On Friday Gold prices traded lower by 0.34% against the USD in the 24 hour period ending 24:00GMT, at 1576.23 per ounce, as the greenback strengthened. In the Asian session, at GMT0400, Gold is trading at 1577.27, marginally higher … Continue reading
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Gold: Yellow metal trading lower this morning
Gold prices traded lower by 0.96% against the USD in the 24 hour period ending 23:00GMT, at 1581.64 per ounce, as the greenback strengthened, while waning investor’s interest also weighed on demand for precious metal. In the Asian session, … Continue reading
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Gold: Yellow metal rises in the Asian session
Gold prices traded lower by 1.04% against the USD in the 24 hour period ending 23:00GMT, at 1596.99 per ounce. In the Asian session, at GMT0400, Gold is trading at 1598.27, marginally higher from yesterday’s close. Gold is expected … Continue reading
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Gold: Yellow metal prices improved following Ben Bernanke comments, trading lower this morning
Gold prices traded higher by 1.31% against the USD in the 24 hour period ending 23:00GMT, at 1613.74 per ounce, as the safe haven metal’s appeal increased after the Federal Reserve Chairman, Ben Bernanke downplayed the possibility of inflationary … Continue reading
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Gold: Yellow metal trading higher in the Asian session ahead of Fed Chairman’s testimony
Gold prices traded 0.76% higher against the USD in the 24 hour period ending 23:00GMT, at 1592.85 per ounce. In the Asian session, at GMT0400, Gold is trading at 1593.10, 0.74% higher from yesterday’s close, ahead of the US … Continue reading
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Gold: Yellow metal trading above its MA’s
On Friday Gold prices traded higher by 0.26% against the USD in the 24 hour period ending 24:00GMT, at 1581.40 per ounce. In the Asian session, at GMT0400, Gold is trading at 1583.20, 0.11% higher from Friday’s close. Gold … Continue reading
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Gold: Precious metal advanced amid weak US economic data
Gold prices traded higher by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1577.30 per ounce, recovering from recent lows on fresh buying. Meanwhile, yesterday’s economic data on employment, manufacturing and consumer prices pointed to … Continue reading
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