Gold: Gold gains ground on monetary easing hopes

  Gold prices traded higher by 0.04% against the USD in the 24 hour period ending 23:00GMT, at 1643.30 per ounce, as Friday’s nonfarm payrolls data revived expectations that the Federal Reserve could introduce new monetary easing measures in the … Continue reading

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Gold: Gaining strength this morning after tumbling yesterday

Gold prices extended its previous session losses and fell by 1.43% against the USD in the 24 hour period ending 23:00GMT, at 1623.40 per ounce, after diminishing hopes of more monetary stimulus from the US central bank. In the Asian … Continue reading

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Gold: Gold tumbles on fading easing hopes

Gold prices traded lower by 1.83% against the USD in the 24 hour period ending 23:00GMT, at 1647.00 per ounce, as the dollar strengthened after the Federal Reserve’s minutes revealed that the central bank sees no need for further monetary … Continue reading

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Gold: Gold higher on demand prospects

Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1677.75 per ounce, as firmer US manufacturing data as well as strong China official purchasing managers index number helped lift gold prices. Meanwhile, … Continue reading

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Gold: Gold rose as the dollar weakened, trading lower this morning

On Friday Gold prices traded higher by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1673.60 per ounce, as the dollar weakened after European policymakers opted to lift a lending ceiling on bailout funds, and amid … Continue reading

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Gold: Trading higher in Asian session

Gold prices traded lower by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1660.68 per ounce. A leading broker cut its 2012 full-year forecast for gold by 18% to $1,680 per ounce, citing a continued improvement … Continue reading

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Gold: Continues to lose shine on tipid physical demand

Gold prices traded lower by 1.13% against the USD in the 24 hour period ending 23:00GMT, at 1661.87 per ounce, amid sluggish physical demand. In the Asian session, at GMT0300, Gold is trading at 1661.51, 0.02% lower from yesterday’s close. … Continue reading

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Gold: Rising dollar erodes demand for precious metals

Gold prices traded lower by 0.46% against the USD in the 24 hour period ending 23:00GMT, at 1680.81 per ounce, amid profit booking. Meanwhile, demand for the yellow metal in major consumer India remained passive as a strike continued among … Continue reading

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Gold: Gold jumped after Ben Bernanke hints monetary easing, gives up some gains in the Asian session

Gold prices traded higher by 1.21% against the USD in the 24 hour period ending 23:00GMT, at 1688.65 per ounce, as the greenback weakened, after the US Federal Reserve Chairman, Ben Bernanke, reinforced expectation that interest rates would be kept … Continue reading

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Gold: Gold extends gains as dollar weakens

On Friday, Gold prices traded higher by 1.13% against the USD in the 24 hour period ending 23:00GMT, at 1662.55 per ounce, following drop in the greenback. In the Asian session, at GMT0300, Gold is trading at 1664.41, 0.11% higher … Continue reading

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Gold: Strong greenback weighed on the yellow metal; trading higher this morning

Gold prices traded lower by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1643.93 per ounce, as investors preferred the safety of the greenback after risk aversion returned amid weak economic data around the world. In … Continue reading

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