Gold: Gold regains $1,800 level

Gold prices traded higher by 2.50% against the USD in the 24 hour period ending 23:00GMT, at 1,834.80 per ounce, on speculation that the Federal Reserve would ease monetary policy further to stimulate the economy, boosting the appeal for the … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal price soft under US$1800

Gold prices traded lower by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1,790.09 per ounce, as rise in the US equities and optimism over the US economy diminished appeal of the yellow metal. In the … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal rose more than 3% as hopes of stimulus remain, trading lower this morning

Gold prices traded higher by 3.76% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,828.35 per ounce, after Federal Reserve Chairman Ben S. Bernanke offered no plan to provide further stimulus for the economy, while … Continue reading

Posted in Gold | Leave a comment

Gold: Gold continues to gain on safe haven appeal

Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1,762.05 per ounce, as a poor weekly US jobless claims report increased the appeal of the yellow metal. In the Asian session at … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal dips on Fed concerns, trading higher this morning

Gold prices traded lower by 4.85% against the USD in the 24 hour period ending 23:00GMT, at 1,747.58 per ounce, losing its shine, as strong US economic data and expectations of more Federal Reserve stimulus accelerated profit taking from the … Continue reading

Posted in Gold | Leave a comment

Gold: Gold falls as investor’s cash in gains, trading higher this morning

Gold prices traded lower by 3.64% against the USD in the 24 hour period ending 23:00GMT, at 1,836.61 per ounce, as investors booked profit in anticipation of CME Group raising its margin requirements. Fresh gains in equity markets also took … Continue reading

Posted in Gold | Leave a comment

Gold: Gold vaults to new record high, trading tad below $1900 per ounce this morning

Gold prices traded higher by 2.75% against the USD in the 24 hour period ending 23:00GMT, at 1,906.08 per ounce, amid speculation that the US officials’ talks on Friday may hint at more stimulus and amid concerns over the global … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal continues to shine

Gold prices traded higher by 1.52% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,851.90 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,868.90 per ounce, 0.92% higher from Friday’s … Continue reading

Posted in Gold | Leave a comment

Gold: Gold rises to new records, breaks above $1,800 on growth concerns

Gold prices traded higher by 2.02% against the USD in the 24 hour period ending 23:00GMT, at 1,824.10 per ounce, after the US data pointed to a stalled economy, while renewed concerns over the health of European banks brought additional … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal settles at record, just shy of $1,800

Gold prices traded higher by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1,787.90 per ounce, as investors remained nervous over the euro zone’s sovereign-debt crisis and weak prospects for global growth. Gold further gained after, … Continue reading

Posted in Gold | Leave a comment

Gold: Gold rises as euro zone debt concerns resurface, trading flat this morning

Gold prices traded higher by 1.03% against the USD in the 24 hour period ending 23:00GMT, at 1,784.15 per ounce, ahead of a summit between leaders from France and Germany on the euro zone debt crisis, though the precious metal … Continue reading

Posted in Gold | Leave a comment