Gold: Yellow metal trading higher amid hopes of monetary stimulus

Gold prices traded lower by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1621.28 per ounce. In the Asian session, at GMT0300, Gold is trading at 1623.2, 0.12% higher from yesterday’s close, amid expectation that the … Continue reading

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Gold: Trading lower this morning

On Friday, Gold prices traded higher by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1625.80 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1621.20, 0.28% lower from … Continue reading

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Gold: Gold rallied on weaker greenback

Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1615.50, 0.09% higher from yesterday’s close. Gold is expected to … Continue reading

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Gold: Yellow metal steady above $1,600/oz

Gold prices traded higher by 1.46% against the USD in the 24 hour period ending 23:00GMT, at 1604.50 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading steady at 1604.40, from yesterday’s close. Gold … Continue reading

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Gold: Gold holds on to yesterday’s gains

Gold prices traded higher by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1581.43 per ounce, as weak economic data from the US raised hopes for more monetary stimulus. In the Asian session, at GMT0300, Gold … Continue reading

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Gold: Yellow metal fell on stronger greenback

Gold prices traded lower by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1576.53 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1576.15, marginally lower from yesterday’s close. … Continue reading

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Gold: Yellow metal inches down on heightened Spain concerns

On Friday Gold prices traded higher by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1584.60 per ounce. In the Asian session, at GMT0300, Gold is trading at 1579.10, 0.35% lower from Friday’s close, as the … Continue reading

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Gold: Yellow metal rallied on the weak US economic data

Gold prices traded higher by 0.50% against the USD in the 24 hour period ending 23:00GMT, at 1582.40 per ounce, as the greenback weakened after a slew of weak US data raised speculation that more stimulus may be coming from … Continue reading

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Gold: Bargain hunters back into the action, gold rises in Asian session

Gold prices traded lower by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1573.38 per ounce, as upbeat housing data in the US and a wait-and-see attitude from Federal Reserve Chairman, Ben Bernanke weighed on gold … Continue reading

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Gold: Gold continues its downward journey

Gold prices traded lower by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1583.53 per ounce. In the Asian session, at GMT0300, Gold is trading at 1582.07, 0.09% lower from yesterday’s close. Gold is expected to … Continue reading

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Gold: Gold trading higher ahead of Ben Bernanke testimony

Gold prices traded lower by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1589.95 per ounce. In the Asian session, at GMT0300, Gold is trading at 1593.73, 0.24% higher from yesterday’s close, ahead of Federal Reserve … Continue reading

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