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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 moving northwards this morning
Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1690.35 per ounce, despite the news that India would increase import taxes on bullion to reduce its trade deficit. Yesterday, India, the … Continue reading
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Gold: Precious metal trading higher this morning
On Friday, Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 24:00GMT, at 1684.30 per ounce, after traders ignored a spate of encouraging Chinese economic data points to focus more on concerning news … Continue reading
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Gold: Yellow metal trading higher in the Asian session
Gold prices traded higher by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1687.15 per ounce. In the Asian session, at GMT0400, Gold is trading at 1688.85, 0.10% higher from yesterday’s close. Gold is expected … Continue reading
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Gold: Bull run in gold prices to continue, indicates GFMS
Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1680.65 per ounce. In an update to its Gold Survey 2012, the global metal consultancy firm, GFMS, said that it expects gold to … Continue reading
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Gold: Gold gained following news of repatriation of gold reserves by the Bundesbank
Gold prices traded higher by 0.67% against the USD in the 24 hour period ending 23:00GMT, at 1679.15 per ounce, boosted by the news that Germany’s central bank would repatriate some $200 billion (£125 billion) of gold reserves it … Continue reading
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Gold: Yellow metal trading higher in the Asian session
Gold prices traded higher by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1668.03 per ounce, as traders snapped up long positions in the shiny metal on speculation that the Federal Reserve would make no … Continue reading
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Gold: Yellow metal reverses previous session losses
On Friday Gold prices traded lower by 0.65% against the USD in the 24 hour period ending 24:00GMT, at 1662.79 per ounce, after growing inflation pressure in China dented hopes for more stimulus. In the Asian session, at GMT0400, … Continue reading
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Gold: Gold trading flat following yesterday’s gains
Gold prices traded higher by 1.06% against the USD in the 24 hour period ending 23:00GMT, at 1673.95 per ounce, as the dollar weakened against most of its trading counterparts. In the Asian session, at GMT0400, Gold is trading at … Continue reading
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Gold: Gold prices higher ahead of the BoE and ECB meeting
Gold prices traded lower by 0.30% against the USD in the 24 hour period ending 23:00GMT, at 1656.39 per ounce, as the dollar strengthened. In the Asian session, at GMT0400, Gold is trading at 1657.04, marginally higher from yesterday’s … Continue reading
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Gold: Gold reverses previous session gains
Gold prices traded higher by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1661.36 per ounce. In the Asian session, at GMT0400, Gold is trading at 1658.55, 0.17% lower from yesterday’s close. Gold is expected to … Continue reading
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Gold: Gold prices drop in the Asian session
Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1650.12 per ounce. In the Asian session, at GMT0400, Gold is trading at 1648.36, 0.11% lower from yesterday’s close. Gold is expected … Continue reading
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