Gold: Yellow metal surge on weak GDP data, trading lower this morning

Gold prices traded higher by 0.65% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,626.20 per ounce, after the vote on the debt plan was postponed and the economic data showed that the US economy … Continue reading

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Gold: Shining again

Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1,615.75 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,617.55 per ounce, 0.11% higher from 23:00GMT. The pair … Continue reading

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Gold: Gold levels off from record highs, trading flat this morning

Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1,612.99 per ounce, on profit booking. In the Asian session at 3:00GMT, gold is trading at USD 1,612.99 per ounce, flat from 23:00GMT. … Continue reading

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Gold: Yellow metal continues to climb on US debt concern

Gold prices traded higher by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1,618.80 per ounce, as the prolonged concerns over US debt ceiling spurred demand for safe-haven assets. In the Asian session at 3:00GMT, gold … Continue reading

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Gold: Gains in gold prices capped, US debt developments keenly watched

Gold prices traded lower by 0.30% against the USD in the 24 hour period ending 23:00GMT, at 1,613.75 per ounce. The losses were however capped as deadlock over raising the US debt limit pushed risk-averse investors to hold the safe-haven … Continue reading

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Gold: Yellow metal continues to gain, as failure to raise debt limit spurs default concern

Gold prices traded higher by 0.59% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,600.60 per ounce, as the political stand-off in the US over the country’s debt-ceiling fuelled fears among investors about a default. … Continue reading

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Gold: Yellow metal continue to drop in Asian session on European debt deal

Gold prices traded lower by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1,591.20 per ounce, as perceived progress toward sovereign debt deals in the US and Europe eased investors appeal for safe-haven assets. In the … Continue reading

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Gold: Trading above $1600/Oz

Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, at 1,599.40 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,601.65 per ounce, 0.14% higher from 23:00GMT. The pair … Continue reading

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Gold: Yellow metal took breather on the US debt ceiling progress, trading higher this morning

Gold prices traded lower by 0.90% against the USD in the 24 hour period ending 23:00GMT, at 1,589.80 per ounce, as easing concerns over the US economic recovery and European debt crisis decreased appeal for safe-haven assets. In the Asian … Continue reading

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Gold: Gold breaks $1600/Oz on debt concerns

Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1,604.22 per ounce, as debt concerns in the Euro zone and the US boosted demand for safe-haven assets. In the Asian session at … Continue reading

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Gold: Yellow metal nears $1,600

Gold prices traded higher by 0.44% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,593.65 per ounce, as concerns over the US government’s ability to avoid a default boosted demand for the yellow metal. In … Continue reading

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