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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 extending its Friday’s gains
Gold prices traded higher by 0.92% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,681.18 per ounce, as optimism over eurozone’s plan to resolve the region’s debt crisis and a decline in the greenback lifted … Continue reading
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Gold: Trading flat this morning
Gold prices traded lower by 0.77% against the USD in the 24 hour period ending 23:00GMT, at 1,665.84 per ounce, as profit booking and a stronger dollar provided downward pressure In the Asian session, at GMT0300, the pair is trading … Continue reading
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Gold: Yellow metal continues to shine this morning
Gold prices traded higher by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1,678.72 per ounce, as the dollar weakened after the European officials delivered a plan for recapitalising the region’s banks, easing fears over the … Continue reading
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Gold: Yellow metal weakened on uncertainty over Slovak vote, trading higher this morning
Gold prices traded lower by 0.89% against the USD in the 24 hour period ending 23:00GMT, at 1,664.45 per ounce, amid profit booking and as Slovakia made slow progress on voting on the expansion of the European rescue fund. In … Continue reading
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Gold: Yellow metal continues to rise after EU pledge
Gold prices traded higher by 2.35% against the USD in the 24 hour period ending 23:00GMT, at 1,679.40 per ounce, as more hopeful outlook on Europe soothed fears of a Greek default. In a joint statement made on Sunday, German … Continue reading
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Gold: Gold trading higher in the Asian session
Gold prices traded lower by 0.70% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1638.90 per ounce, amid a broad sell off, after Fitch downgraded the credit ratings of Spain and Italy. In the Asian … Continue reading
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Gold: Rises above $1650 per ounce, as ECB, BOE boost liquidity
Gold prices traded higher by 0.49% against the USD in the 24 hour period ending 23:00GMT, at 1,650.50 per ounce, after the European Central Bank announced measures to boost liquidity, while the Bank of England implemented a fresh round of … Continue reading
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Gold: Yellow metal continues to shine in Asian session
Gold prices traded higher by 1.00% against the USD in the 24 hour period ending 23:00GMT, at 1,642.43 per ounce, as a sharp decline in prices in the previous session, spurred investors back to precious metals. In the Asian session, … Continue reading
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Gold: Gold declined on Bernanke comments, trading higher this morning
Gold prices traded lower by 2.26% against the USD in the 24 hour period ending 23:00GMT, at 1,626.20 per ounce, after bearish comments from Federal Reserve Chairman, Ben Bernanke, for the US economy and job growth, reduced the appeal for … Continue reading
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Gold: Yellow metal continue to shine on safe-haven buying
Gold prices traded higher by 2.16% against the USD in the 24 hour period ending 23:00GMT, at 1,663.80 per ounce, as ongoing eurozone debt concerns spurred investors to buy the precious metal. In the Asian session, at GMT0300, Gold is … Continue reading
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Gold: Gold trading higher amid bargain hunting
Gold prices traded slightly higher against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,620.68 per ounce, as recent correction in precious metal prices attracted investors for fresh buying. In the Asian session at 3:00GMT, gold … Continue reading
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