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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: Gold rose on bargain hunting; trading lower this morning
Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1595.10 per ounce, amid bargain hunting. In the Asian session, at GMT0300, Gold is trading at 1587.66, 0.47% lower from yesterday’s close. Gold … Continue reading
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Gold: Gold trims some losses in the Asian session
Gold prices traded lower by 0.93% against the USD in the 24 hour period ending 23:00GMT, at 1591.20 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1591.44, marginally higher from yesterday’s close. … Continue reading
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Gold: Rising dollar erodes demand for precious metals
Gold prices traded lower by 1.98% against the USD in the 24 hour period ending 23:00GMT, at 1606.17 per ounce, as the greenback strengthened. However, losses in precious metal were limited, amid signs of strong physical demand in China after … Continue reading
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Gold: Gold continues to lose shine this morning
Gold prices traded lower by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1638.60 per ounce. In the Asian session, at GMT0300, Gold is trading at 1637.33, 0.08% lower from yesterday’s close. Gold is expected to … Continue reading
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Gold: Yellow metal trading higher this morning
Gold prices traded lower by 1.10% against the USD in the 24 hour period ending 23:00GMT, at 1635.38 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1637.00, 0.10% higher from yesterday’s … Continue reading
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Gold: Yellow metal continues to trade lower
Gold prices traded lower by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1653.60 per ounce, as weak physical demand and growing speculation that the Federal Reserve is less likely to intervene in the economy … Continue reading
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Gold: Yellow metal losses its shine as US data eases economic concerns
Gold prices traded lower by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1662.45 per ounce, as upbeat US manufacturing data soothed worries about the state of nation’s economy and dampened hopes of more monetary … Continue reading
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Gold: Yellow metal rose on tipid US data
Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1665.75 per ounce, as the greenback weakened on poor US economic data. In the Asian session, at GMT0300, Gold is trading at … Continue reading
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Gold: Yellow metal settled higher on weak greenback
Gold prices traded higher by 0.32% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1662.81 per ounce, as greenback weakened, amid downbeat US economic data. In the Asian session, at GMT0300, Gold is trading … Continue reading
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Gold: Gold advanced as greenback weakened, trading higher this morning
Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1657.46 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1656.3, 0.07% lower from yesterday’s … Continue reading
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Gold: Yellow metal rises on Fed Chairman comments
Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1643.80 per ounce, as greenback weakened following comments from Federal Reserve Chairman, Ben Bernanke that the US central bank cannot rule out … Continue reading
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