Gold: Yellow metal loses its shine, tumbled well below crucial $1600 per ounce levels

  Gold prices slumped by 2.34% against the USD in the 24 hour period ending 23:00GMT, at 1567.68 per ounce, after the rumors that a large commodity hedge fund had been forced to liquidate its commodity holdings. Moreover, prices were … Continue reading

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Gold: Yellow metal retreated on profit booking, trading higher this morning

  Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1605.25 per ounce, as profit booking prevailed among gold traders amid signs that global financial strains are easing. In the Asian session, … Continue reading

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Gold: Yellow metal shines in the Asian session

  Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1611.00 per ounce. In the Asian session, at GMT0400, Gold is trading at 1614.65, 0.23% higher from yesterday’s close, boosted by strong physical … Continue reading

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Gold: Gold declined as dollar gained on Bernanke’s comments; trading higher this morning

  On Friday Gold prices traded lower by 1.50% against the USD in the 24 hour period ending 24:00GMT, at 1610.10 per ounce, as the greenback strengthened after the Federal Reserve Chairman, Ben Bernanke stated that the US economy was … Continue reading

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Gold: Yellow metal declined amid a strong dollar

  Gold prices traded lower by 0.46% against the USD in the 24 hour period ending 23:00GMT, at 1634.65 per ounce, as the greenback strengthened. In the Asian session, at GMT0400, Gold is trading at 1632.95, 0.10% lower from yesterday’s … Continue reading

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Gold: Yellow-metal trading higher but languishing below U$1650 level.

  Gold prices traded lower by 0.65% against the USD in the 24 hour period ending 23:00GMT, at 1642.15 per ounce. In the Asian session, at GMT0400, Gold is trading at 1645.15, 0.18% higher from yesterday’s close. Gold is expected … Continue reading

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Gold: Yellow metal advanced on G7 policy warning, trading lower this morning

  Gold prices traded higher by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1652.85 per ounce, as the greenback weakened after the G7 nations stated that they want to allow markets to determine exchange rates … Continue reading

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Gold: Gold fell below $1650 per ounce

  Gold prices traded lower by 1.17% against the USD in the 24 hour period ending 23:00GMT, at 1647.60 per ounce, as the dollar gained strength. In the Asian session, at GMT0400, Gold is trading at 1645.15, 0.15% lower from … Continue reading

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Gold: Yellow metal trading higher in the Asian session

  On Friday Gold prices traded lower by 0.31% against the USD in the 24 hour period ending 24:00GMT, at 1667.20 per ounce. In the Asian session, at GMT0400, Gold is trading at 1667.65, marginally higher from Friday’s close. Gold … Continue reading

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Gold: Yellow metal trading lower in the Asian session

  Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1672.35 per ounce, as the US Dollar strengthened. In the Asian session, at GMT0400, Gold is trading at 1671.15, marginally lower from … Continue reading

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Gold: Trading tad higher this morning

  Gold prices traded higher by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1677.80 per ounce. In the Asian session, at GMT0400, Gold is trading at 1679.03, marginally higher from yesterday’s close. Gold is expected … Continue reading

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