Gold: Yellow metal halts slide as weaker dollar boosts demand, trading flat this morning

Gold prices traded higher by 1.51% against the USD in the 24 hour period ending 23:00GMT, at 1,765.95 per ounce, as weaker dollar and poor US economic data spurred investors demand for safe-haven assets. In the Asian session at 3:00GMT, … Continue reading

Posted in Gold | Leave a comment

Gold: Continues to traded lower in Asian session

Gold prices traded lower by 0.74% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,745.80 per ounce, amid profit booking. In the Asian session at 3:00GMT, gold is trading at USD 1,744.10 per ounce, 0.10% … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal loses the shine on margin hike

Gold prices traded lower by 2.24% against the USD in the 24 hour period ending 23:00GMT, at 1,758.80 per ounce, as investors booked profits following reports that the US jobless claims declined to a four- month low. Gold prices declined … Continue reading

Posted in Gold | Leave a comment

Gold: Gold rose on global cues, trading lower in the Asian session

Gold prices traded higher by 2.82% against the USD in the 24 hour period ending 23:00GMT, at 1,799.05 per ounce, as fears over escalating European and US debt woes continued to plague equities markets, thereby boosting demand for the precious … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal continues to roar

Gold prices traded higher by 1.64% against the USD in the 24 hour period ending 23:00GMT, at USD1,749.70 per ounce, as the Federal Reserve pledged to keep its benchmark interest rate low at least through mid-2013. In the Asian session … Continue reading

Posted in Gold | Leave a comment

Gold: Gold rises to record as rating cut spurs buying

Gold prices traded higher by 2.20% against the USD in the 24 hour period ending 23:00GMT, at 1,721.40 per ounce, as investors sought safe haven in the yellow metal after Standard & Poor’s downgraded the US credit rating late on … Continue reading

Posted in Gold | Leave a comment

Gold: Gold rose on safe haven appeal

Gold prices traded higher by 0.78% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,662.70 per ounce, amid concerns over deteriorating economic conditions in the US and Euro zone. In the Asian session at 3:00GMT, … Continue reading

Posted in Gold | Leave a comment

Gold: Gold fell on profit booking, trading higher this morning

Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1,649.85 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,652.13 per ounce, 0.14% higher from 23:00GMT. The pair … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal continues its northward journey

Gold prices traded higher by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1,660.10 per ounce, as the euro-zone debt crisis and signs of sluggish global growth as decline in equities raised appeal for safe-haven gold. … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal surged on South Korea purchase, global slowdown concerns, back-pedals this morning

Gold prices traded higher by 2.56% against the USD in the 24 hour period ending 23:00GMT, at 1,657.95 per ounce, as concerns over a slowdown in global growth and Europe’s debt crisis spurred appeal for safe-haven assets. Gold prices also … Continue reading

Posted in Gold | Leave a comment

Gold: Gold gains, after ISM disappoints

Gold prices traded higher by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1,616.50 per ounce, as a weaker-than-expected reading on the US manufacturing raised appeal of the precious metal. In the Asian session at 3:00GMT, … Continue reading

Posted in Gold | Leave a comment