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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: Trading lower this morning, after rising yesterday on joint action from Central Banks’ to boost liquidity in financial system
Gold prices traded higher by 1.86% against the USD in the 24 hour period ending 23:00GMT, at 1,748.38 per ounce, as the US dollar weakened after six major central banks announced a coordinated move to make additional liquidity available to … Continue reading
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Gold: Yellow metal continues to trade higher
Gold prices traded higher by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1,716.48 per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1722.32, 0.34% higher from yesterday’s close. … Continue reading
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Gold: Yellow metal rose amid investors’ optimism over solution to Euro-zone debt crisis
Gold prices traded higher by 1.14% against the USD in the 24 hour period ending 23:00GMT, at 1,710.40 per ounce, as investors’ optimism grew after reports that European officials have made some progress in reining in sovereign-debt crisis and are … Continue reading
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Gold: Yellow metal trading higher after Friday’s loss
Gold prices traded lower by 0.80% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,681.77 per ounce, as investors flocked to the greenback, after a fresh set of European credit-rating downgrades. In the Asian session, … Continue reading
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Gold: Gold rose as greenback weakened, trading lower this morning
Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1,695.28 per ounce, as a broadly weaker US dollar supported prices and as investors remained concerned that the debt crisis in the Euro-zone … Continue reading
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Gold: Gold weakens as stronger dollar weighs
Gold Movement Gold prices traded lower by 0.46% against the USD in the 24 hour period ending 23:00GMT, at 1,690.55 per ounce, amid a stronger dollar and as concerns that the Euro-zone’s sovereign debt crisis was worsening prompted investors to … Continue reading
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Gold: Yellow metal adds to yesterday’s gains, after tepid US GDP added investor concern
Gold prices traded higher by 1.18% against the USD in the 24 hour period ending 23:00GMT, at 1,698.28 per ounce, as the greenback weakened, after the tepid GDP figure fuelled speculation that the Federal Reserve could introduce further stimulus measures … Continue reading
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Gold: Gold declined as US dollar strengthened
Gold prices traded lower by 2.39% against the USD in the 24 hour period ending 23:00GMT, at 1,678.40 per ounce, as a greenback rallied, amid European and US debt concerns. In the Asian session, at GMT0400, Gold is trading at … Continue reading
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Gold: Gold under pressure, caution prevails after Spain election
Gold prices traded flat against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,722.85 per ounce. In the Asian session, at GMT0400, Gold is trading at 1722.60, marginally lower from Friday’s close, as investors remained cautious … Continue reading
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Gold: Gold fell more than 2% on Euro-zone debt contagion fears, trading higher this morning
Gold prices traded lower by 2.19% against the USD in the 24 hour period ending 23:00GMT, at 1,722.77 per ounce, as concerns that the Euro-zone’s ongoing debt crisis was worsening prompted investors to liquidate gold positions. Meanwhile, the World Gold … Continue reading
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Gold: Gold fell amid lingering Euro-zone debt woes, trading flat this morning
Gold prices traded lower by 1.10% against the USD in the 24 hour period ending 23:00GMT, at 1,761.38 per ounce, as the dollar gained strength amid renewed worries over the Euro-zone debt crisis. In the Asian session, at GMT0400, Gold … Continue reading
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