Gold: Gold trading higher after EU approves Greece bailout

Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at1732.55 per ounce. In the Asian session, at GMT0400, Gold is trading at 1735.76, 0.19% higher from yesterday’s close, as the dollar weakened after Euro-zone … Continue reading

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Gold: Gold trading higher on China bank lending decision, Greek hopes

On Friday, Gold prices traded lower by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1721.67per ounce, amid profit booking In the Asian session, at GMT0400, Gold is trading at 1734.97, 0.77% higher from Friday’s close, … Continue reading

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Gold: Demand for yellow metal to see positive growth in 2012: World Gold Council‎

Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1728.19 per ounce, after World Gold Council stated that demand for gold would see positive growth in 2012. In the Asian session, at GMT0400, … Continue reading

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Gold: Gold pulls back versus greenback this morning

Gold prices traded higher 0.35% against the USD in the 24 hour period ending 23:00GMT, at 1727.56 per ounce, after Chinese Central Bank Governor, Zhou Xiaochuan, stated that the Euro-zone’s challenges can be solved and that China would invest in … Continue reading

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Gold: Yellow metal holds on to yesterday’s gains

Gold prices traded 0.05% higher against the USD in the 24 hour period ending 23:00GMT, at 1721.58 per ounce, as bargain hunters returned to buy precious metal after recent downfall. In the Asian session, at GMT0400, Gold is trading at … Continue reading

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Gold: Gold extends decline in the Asian session

Gold prices traded marginally lower by against the USD in the 24 hour period ending 23:00GMT, at 1720.70per ounce, as the greenback strengthened after Moody’s Investors Service downgraded the ratings for six European nations. In the Asian session, at GMT0400, … Continue reading

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Gold: Yellow metal trading higher on weaker dollar

Gold prices traded lower by 0.57% against the USD in the 24 hour period ending 23:00GMT on Friday, at 1721.18 per ounce. In the Asian session, at GMT0400, Gold is trading at 1727.9, 0.39% higher from Friday’s close, as the … Continue reading

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Gold: Trading flat this morning

Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1731.06 per ounce, amid profit booking. In the Asian session, at GMT0400, Gold is trading at 1731.02, flat from yesterday’s close. Gold is expected … Continue reading

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Gold: Yellow metal steady on China inflation

Gold prices traded lower by 0.74% against the USD in the 24 hour period ending 23:00GMT, at 1731.81 per ounce, as improved risk sentiment across the globe weighed on the safe-haven demand for the yellow metal, prompting investors to book … Continue reading

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Gold: Yellow metal rallied on speculation of further monetary easing

Gold prices traded higher by 1.38% against the USD in the 24 hour period ending 23:00GMT, at 1744.69 per ounce, as dollar weakened following hopes that Greek authorities are close to an agreement with its international creditors for a bailout … Continue reading

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Gold: Yellow metal slips as Greece concerns sparks dollar rally

Gold prices traded lower by 0.57% against the USD in the 24 hour period ending 23:00GMT, at 1720.88 per ounce, as renewed fears that Greece would fail to reach an acceptable deal with its private creditors weakened demand for the … Continue reading

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