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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 trading tad higher in the Asian session
Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1672.95 per ounce. In the Asian session, at GMT0400, Gold is trading at 1673.35, marginally higher from yesterday’s close. Gold is expected … Continue reading
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Gold: Gold trading lower in the Asian session
Gold prices traded higher by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1674.75 per ounce. In the Asian session, at GMT0400, Gold is trading at 1674.30, marginally lower from yesterday’s close. Gold is expected … Continue reading
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Gold: Gold ‘production cliff’ ahead, indicated a leading broker
On Friday Gold prices traded higher by 0.18% against the USD in the 24 hour period ending 24:00GMT, at 1667.31 per ounce. A leading broker, in its latest report, indicated that the world is heading for a major gold … Continue reading
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Gold: Yellow metal declines as Chinese PMI disappoints
Gold prices traded lower by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1664.32 per ounce. Yesterday, a leading broker lowered its 2013 price forecast for gold to $1790 per ounce from $1865, while retaining … Continue reading
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Gold: Yellow metal shines after US GDP data, Fed meeting
Gold prices traded higher by 0.74% against the USD in the 24 hour period ending 23:00GMT, at 1676.15 per ounce, as demand for the safe haven metal increased after the US economy unexpectedly shrank in the Q4 FY2012 and … Continue reading
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Gold: Yellow metal holds ground; Federal Reserve meeting in focus
Gold prices traded higher by 0.50% against the USD in the 24 hour period ending 23:00GMT, at 1663.80 per ounce, on hopes that the US Federal Reserve would opt to continue with monetary stimulus. In the Asian session, at … Continue reading
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Gold: Gold traders await Federal Reserve decision
Gold prices traded lower by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1655.50 per ounce, as upbeat durable goods order data in the US fuelled optimism about a stable recovery, driving investors away from … Continue reading
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Gold: Yellow metal rises as Russia, Kazakhstan central banks boost holdings
On Friday Gold prices traded lower by 0.61% against the USD in the 24 hour period ending 24:00GMT, at 1658.75 per ounce, as signs that the Euro-zone crisis is stabilizing and the US recovery is gaining traction drove investors … Continue reading
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Gold: Gold declined as profit booking prevailed among investors
Gold prices traded lower by 0.94% against the USD in the 24 hour period ending 23:00GMT, at 1669.00 per ounce, as investors booked profit. In the Asian session, at GMT0400, Gold is trading at 1668.65, marginally lower from yesterday’s … Continue reading
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Gold: Yellow metal continues to decline this morning
Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1684.85 per ounce, as increasing confidence in the global economic recovery diminished yellow metal’s appeal as a safe-haven investment. In the Asian … Continue reading
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Gold: Gold gained as the BOJ announced stimulus
Gold prices traded higher by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1692.95 per ounce, after the Bank of Japan indicated that it would introduce open-ended asset purchases from 2014, thereby boosting speculation that … Continue reading
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