Gold: Gold continues to lose shine in the Asian session

Gold prices traded lower by 0.26% against the USD in the 24 hour period ending 24:00GMT, at 1657.24 per ounce, as the safe-haven appeal of the metal was reduced following the release of bigger-than-expected decline in US jobless claims. In … Continue reading

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Gold: Gold extended its gain this morning

Gold prices traded higher by 0.59% against the USD in the 24 hour period ending 23:00GMT, at 1661.54per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1664.023, 0.15% higher from yesterday’s close. Gold … Continue reading

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Gold: Gold continues to trade higher in the Asian session

Gold prices traded higher by 0.54% against the USD in the 24 hour period ending 23:00GMT, at 1651.74 per ounce, as the dollar weakened. In the Asian session, at GMT0400, Gold is trading at 1653.22, 0.09% higher from yesterday’s close. … Continue reading

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Gold: Yellow metal shines on encouraging Chinese data

Gold prices traded higher by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1642.93 per ounce. In the Asian session, at GMT0400, Gold is trading at 1657.68, 0.90% higher from yesterday’s close, encouraged by revived risk … Continue reading

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Gold: Yellow metal tad lower in Asian session

Gold prices traded lower by 0.67% against the USD on Friday in the 24 hour period ending 23:00GMT, at 1,637.83 per ounce, amid profit booking. In the Asian session, at GMT0400, Gold is trading at 1636.93, 0.05% lower from Friday’s … Continue reading

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Gold: Yellow metal rose on greenback’s fall, China outlook; trading lower this morning

Gold prices traded higher by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1,648.93 per ounce, as the greenback declined and amid speculation that China may loosen monetary policy. In the Asian session, at GMT0400, Gold … Continue reading

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Gold: Gold rose buoyed by a jump in Chinese gold import, gains continue this morning

    Gold prices traded higher by 0.57% against the USD in the 24 hour period ending 23:00GMT, at 1,642.07 per ounce, amid rise in demand from China before the Lunar New Year this month. In the Asian session, at … Continue reading

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Gold: Gold continues its northward journey

Gold prices traded higher by 1.44% against the USD in the 24 hour period ending 23:00GMT, at 1,632.84 per ounce. In the Asian session, at GMT0400, Gold is trading at 1637.39, 0.28% higher from yesterday’s close. Gold is expected to … Continue reading

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Gold: Yellow metal fall on lower offtake, global cues; trading higher this morning

  Gold prices traded lower by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1,609.73 per ounce, as safe-haven buying fell, amid weak global cues. In the Asian session, at GMT0400, Gold is trading at 1616.29, … Continue reading

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Gold: Yellow metal continues to trade lower this morning

  Gold prices traded lower by 0.31% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,617.31 per ounce, amid a strong dollar. In the Asian session, at GMT0400, Gold is trading at 1608.25, 0.56% lower … Continue reading

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Gold: Gold extended its gains this morning

  Gold prices traded higher by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1,622.38 per ounce. Yesterday, two leading brokers lowered 2012 gold-price forecasts, but held to expectations for rising prices this year. HSBC cut … Continue reading

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