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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: Yellow metal continues to rise on renewed safe haven buying
Gold prices traded higher by 0.35% against the USD in the 24 hour period ending 23:00GMT, at 1,612.05 per ounce, on renewed safe-haven buying amid growing geopolitical tensions between Iran and the US. In the Asian session, at GMT0400, … Continue reading
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Gold: Gold tumbles below $1600 on broad dollar strength
Gold prices traded lower by 3.06% against the USD in the 24 hour period ending 23:00GMT, at 1,579.02 per ounce, as the dollar strengthened following concerns over Europe’s debt crisis. In the Asian session, at GMT0400, Gold is trading at … Continue reading
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Gold: Gold fell on dollar rally, trading higher this morning
Gold prices traded lower by 2.24% against the USD in the 24 hour period ending 23:00GMT, at 1,628.78 per ounce, as the dollar surged after the US Federal Reserve meeting offered no new stimulus. In the Asian session, at GMT0400, … Continue reading
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Gold: Gold extended its fall this morning on dollar’s rally
Gold prices traded lower by 2.71% against the USD in the 24 hour period ending 23:00GMT, at 1,666.18 per ounce, as dollar rose following concerns that there still could be a possible downgrade of European nations’ sovereign debt by rating … Continue reading
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Gold: Gold trading lower in the Asian Session
Gold prices traded higher by 0.28% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,711.68 per ounce, after Euro-zone leaders decided to boost the rescue fund and agreed on closer fiscal ties. In the Asian … Continue reading
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Gold: Trading lower following dovish comments from ECB President
Gold prices traded lower by 2.07% against the USD in the 24 hour period ending 23:00GMT, at 1,706.93 per ounce, after European Central Bank President (ECB), Mario Draghi stated that he does not plan on purchasing bonds to assist ailing … Continue reading
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Gold: Yellow metal advanced on better demand, trading lower this morning
Gold prices traded higher by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1,742.95 per ounce, on renewed investors demand as well as good off take in Asian countries, especially, China and India. In the Asian … Continue reading
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Gold: Gold higher in the Asian session
Gold prices traded higher by 0.27% against the USD in the 24 hour period ending 23:00GMT, at 1,728.00 per ounce. In the Asian session, at GMT0400, Gold is trading at 1729.43, 0.08% higher from yesterday’s close. Gold is expected to … Continue reading
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Gold: Yellow metal continues to lose its shine
Gold prices traded lower by 1.69% against the USD in the 24 hour period ending 23:00GMT, at 1,723.43 per ounce, as European leaders worked to resolve the region’s sovereign-debt crisis, reducing demand for the precious metal. The precious metal extended … Continue reading
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Gold: Trading marginally higher this morning
Gold prices traded flat against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,745.43 per ounce. In the Asian session, at GMT0400, Gold is trading at 1746.05, 0.04% higher from Friday’s close. Gold is expected to … Continue reading
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Gold: Yellow metal continues to trade lower in Asian session
Gold prices traded lower by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1,745.57 per ounce, as investor enthusiasm over central banks’ plans to cut the cost of borrowing dollars faded. In the Asian session, at … Continue reading
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