Gold: Gold steady above $1720 per ounce

  Gold prices traded higher by 0.52% against the USD in the 24 hour period ending 23:00GMT, at 1720.29 per ounce, as the greenback weakened. Speculation of rising physical demand in Asia pushed up precious metal prices as well. In … Continue reading

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Gold: Yellow metal trading lower today morning

  Gold prices traded higher by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1711.71 per ounce, as appeal of the precious metal increased after the Bank of Japan increased the size of its asset-purchase program … Continue reading

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Gold: Trading near $1,710 per ounce

  Gold prices traded lower by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1710.80 per ounce, as global stock and commodity prices fell, with a recent run of downbeat corporate earnings casting a shadow over … Continue reading

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Gold: Gold reverses its previous session losses this morning

On Friday, Gold prices traded lower by 0.15% against the USD in the 24 hour period ending 24:00GMT, at 1711.26 per ounce. In the Asian session, at GMT0400, Gold is trading at 1715.05, 0.22% higher from Friday’s close. Gold is … Continue reading

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Gold: Gold steady above $1700/oz on demand prospects

  Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1713.90 per ounce, bolstered by stronger demand from India and amid encouraging UK economic growth data. Expectations that the Bank of Japan … Continue reading

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Gold: Yellow metal continued its yesterday’s losses

  Gold prices traded lower by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1706.95 per ounce, after the US Federal Reserve concluded its 2-day meeting yesterday and, as expected, made no change to its highly … Continue reading

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Gold: Precious metal erases yesterday’s losses, brushes off Spanish concern, US earnings

  Gold prices traded lower by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1711.15 per ounce, as investors opted for safe haven US Dollar, after Moody’s slapped credit-rating downgrades on the Spanish regions of Andalucia, … Continue reading

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Gold: Trading lower this morning, Fed policy meeting eyed

  Gold prices traded higher by 0.47% against the USD in the 24 hour period ending 23:00GMT, at 1726.22 per ounce, as the dollar weakened after regional election results in Spain rekindled hopes that the nation could request a bailout. … Continue reading

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Gold: Trading higher in the Asian session

  On Friday Gold prices traded lower by 1.17% against the USD in the 24 hour period ending 23:00GMT, at 1721.72 per ounce, as a combination of ongoing fears over the Euro-zone’s debt crisis and mounting concerns over the outlook … Continue reading

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Gold: Strong Dollar weighs on yellow metal

  Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1742.15 per ounce, amid concerns over Europe’s debt problems and as the greenback strengthened. In the Asian session, at GMT0300, Gold is … Continue reading

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Gold: Gold prices expected to rise on speculation of demand from India and firming global trend

  Gold prices reversed earlier gains and traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1748.43 per ounce, as the greenback strengthened following the release of significantly better-than-expected US housing data. In the Asian … Continue reading

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