Gold: Yellow metal loses shine as safe haven appeal declined

Gold prices traded lower by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1,822.05 per ounce, as optimism over Europe’s debt crisis eased investor demand for the precious metal as a safe haven. In the Asian … Continue reading

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Gold: Yellow metal up nearly 1% as Europe remains a concern

Gold prices traded higher by 0.89% against the USD in the 24 hour period ending 23:00GMT, at 1,836.32 per ounce, as continued Euro zone debt concerns and steep losses for metals in previous few sessions encouraged buyers back to markets. … Continue reading

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Gold: Yellow metal rebound this morning

Gold prices traded lower by 1.84% against the USD in the 24 hour period ending 23:00GMT, at 1,820.09 per ounce, dragged down stronger dollar and fears the metal might be overvalued after rising $1,900 per ounce last week. In the … Continue reading

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Gold: Yellow metal dragged down on profit taking

Gold prices traded lower by 0.48% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,854.00 per ounce, as profit-taking by investors and a spike in the US dollar outweighed the desire for a safer haven. … Continue reading

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Gold: Gold finished higher, dips on Bernanke speech, trading flat this morning

Gold prices traded higher by 2.58% against the USD in the 24 hour period ending 23:00GMT, at 1,862.85 per ounce, as investors avoided holding risky assets like stocks and commodities ahead of speeches by Fed Chairman, Ben Bernanke and US … Continue reading

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Gold: Yellow metal loses its shine as investors rush to equities, trading higher in Asian session

Gold prices traded lower by 2.99% against the USD in the 24 hour period ending 23:00GMT, at 1,815.99 per ounce, as a surge in global stock markets reduced the appeal of the safe haven asset. Gold prices dropped the most … Continue reading

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Gold: Gold fails to hold above $1900 an ounce

Gold prices traded lower by 1.56% against the USD in the 24 hour period ending 23:00GMT, at 1,871.90 per ounce, after touching an intraday high of over $1,900 per ounce, as the yellow metal was pressured by a strong dollar. … Continue reading

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Gold: Gold extends gains, rises above $1,900 per ounce

Gold prices traded higher by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1,901.54 per ounce, as concerns over slowing growth and European debt whetted appetite for the metal’s perceived safe haven. In the Asian session … Continue reading

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Gold: Zero US job growth sparks gold rally, trading lower this morning

Gold prices traded higher by 3.16% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,883.00 per ounce, as dismal US jobs reports data boosted investor demand for the safe haven asset. In the Asian session … Continue reading

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Gold: Yellow metal settles modestly lower as greenback rises, trading higher this morning

Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1,825.37 per ounce, as upbeat US manufacturing data reduced the appeal of the safe haven metal. In the Asian session at 3:00GMT, gold is … Continue reading

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Gold: Gold backpedals

Gold prices traded lower by 0.49% against the USD in the 24 hour period ending 23:00GMT, at 1,825.79 per ounce. In the Asian session at 3:00GMT, gold is trading at USD1,824.95 per ounce, 0.05% lower from 23:00GMT. The pair is … Continue reading

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