Gold: Yellow metal rebounds in the Asian session

On Friday, Gold prices traded lower by 1.81% against the USD in the 24 hour period ending 23:00GMT, at 1725.46 per ounce, as better-than-expected data in the US reduced demand for the precious metal. In the Asian session, at GMT0400, … Continue reading

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Gold: Gold surges on better-than-expected economic data.

Gold prices traded higher by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1757.35 per ounce, as Greek default concerns triggered safe haven buying in the precious metal. The yellow metal rose further, after Federal Reserve … Continue reading

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Gold: Weaker dollar pushes yellow metal higher

Gold prices traded higher by 0.30% against the USD in the 24 hour period ending 23:00GMT, at 1745.02 per ounce as positive manufacturing data around the globe fuel optimism that the global recovery is weathering the Euro debt crisis, boosting … Continue reading

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Gold: Gold loses steam this morning

Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1739.82 per ounce, after risk appetite for precious metal rose, following the reports that after 25 countries in the Euro-zone has signed for … Continue reading

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Gold: Trading higher this morning

Gold prices traded lower by 0.18% against the USD in the 24 hour period ending 23:00GMT, at 1732.80 per ounce, as the greenback strengthened. In the Asian session, at GMT0400, Gold is trading at 1735.70, 0.17% higher from yesterday’s close. … Continue reading

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Gold: Trading lower this morning

  Gold prices traded higher by 1.07% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1736.07 per ounce, amid a weak US dollar. In the Asian session, at GMT0400, Gold is trading at 1734.29, 0.10% … Continue reading

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Gold: Gold continues to cement gains in the Asian session

Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1717.78 per ounce, boosted by concerns of inflation and of a weaker dollar. In the Asian session, at GMT0400, Gold is trading at … Continue reading

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Gold: Gold surpasses $1700 level on Fed’s rate announcement‎

Gold prices traded higher by 2.57% against the USD in the 24 hour period ending 23:00GMT, at 1709.52 per ounce, as the dollar weakened following US Federal Reserve announcement that it would keep interest rates low through the end of … Continue reading

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Gold: Gold trading lower ahead of US Federal Reserve policy statement

Gold prices traded lower by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1667.45 per ounce, amid profit booking. In the Asian session, at GMT0400, Gold is trading at 1665.20, 0.08% lower from yesterday’s close, as … Continue reading

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Gold: Gold shines as weak greenback spurs precious metal demand, trading lower this morning

Gold prices traded higher by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1676.39 per ounce, as the dollar weakened. Additionally, the European Union barred trade in gold and other precious metals with Iranian public bodies, … Continue reading

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Gold: Gold holds on to Friday’s gains

Gold prices traded higher on Friday by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1664.59 per ounce. In the Asian session, at GMT0400, Gold is trading at 1669.54, 0.30% higher from Friday’s close. Gold is … Continue reading

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