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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 decline amid sell-off, trading higher this morning
Gold prices traded lower by 1.81% against the USD in the 24 hour period ending 23:00GMT, at 1675.89 per ounce, as greenback strengthened, amid fading speculation over further stimulus for the US economy, as Dallas Fed President, Richard Fisher, expressed … Continue reading
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Gold: Yellow metal fell on China’s lower growth prospects
Gold prices traded lower by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1706.72 per ounce, after China, the biggest buyer of yellow metal, lowered its economic growth target for 2012, curbing prospects for commodity. In … Continue reading
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Gold: Gold extended its losses this morning amid a strong US dollar
On Friday, Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1713.52per ounce, as the dollar strengthened on speculation that there would not be monetary easing in the US soon. In the … Continue reading
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Gold: Gold up on bargain hunting
Gold prices traded higher by 1.23% against the USD in the 24 hour period ending 23:00GMT, at 1719.10 per ounce, as a sharp drop in price in the previous session, prompted investors to buy precious metals at lower prices. … Continue reading
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Gold: Yellow metal fell on Bernanke’s comment, trading higher this morning
Gold prices traded lower by 4.86% against the USD in the 24 hour period ending 23:00GMT, at 1698.21 per ounce, after Federal Reserve Chairman, Ben S. Bernanke, gave no hint for additional quantitative easing, stating that the US economy is … Continue reading
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Gold: Gold continues its upward journey in the Asian session
Gold prices traded higher by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1784.91per ounce, as greenback weakened on expectation of liquidity injection by European Central Bank later today. In the Asian session, at GMT0400, Gold … Continue reading
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Gold: Yellow metal fell on strong greenback, trading lower this morning
Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1768.20per ounce, softened by easing physical demand from Asia, specifically, India and China. The yellow metal was also pressured as concerns over the … Continue reading
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Gold: Yellow metal fell amid profit booking; trading higher this morning
Gold prices traded lower by 0.30% against the USD on Friday in the 24 hour period ending 23:00GMT, at 1773.65 per ounce, after investors booked profit. In the Asian session, at GMT0400, Gold is trading at 1775.94, 0.13% higher from … Continue reading
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Gold: Yellow metal advanced on weaker greenback
Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1778.94per ounce, as the greenback weakened amid upbeat German business sentiment data. In the Asian session, at GMT0400, Gold is trading at 1779.47, … Continue reading
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Gold: Gold gives up yesterday’s gains
Gold prices traded higher 0.92% against the USD in the 24 hour period ending 23:00GMT, at 1776.08per ounce. A leading broker has issued a bullish note for the precious metal and sees a “value opportunity” in gold. In the Asian … Continue reading
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Gold: Gold pulls back versus greenback in the Asian session
Gold prices traded higher by 1.58% against the USD in the 24 hour period ending 23:00GMT, at 1759.95 per ounce. In the Asian session, at GMT0400, Gold is trading at 1756.22, 0.21% lower from yesterday’s close. Gold is expected to … Continue reading
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