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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: Retreats in the Asian session
Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1,586.70 per ounce, as concern over more US economic stimulus and debt troubles in the US and Europe boosted the demand for gold … Continue reading
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Gold: Yellow metal rises, as Bernanke talks QE3
Gold prices traded higher by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1,583.28 per ounce, as the US Federal Reserve’s hints at further economic stimulus and concerns over the European debt, spurred the demand for … Continue reading
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Gold: Yellow metal surges on European debt concerns, Fed comments, trading lower in the Asian session
Gold prices traded higher by 1.03% against the USD in the 24 hour period ending 23:00GMT, at 1,568.35 per ounce, as fears that the European debt crisis would spread across the other Euro-Zone countries, boosted demand for safe-haven assets. Gold … Continue reading
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Gold: Trading steady this morning
Gold prices traded higher by 0.59% against the USD in the 24 hour period ending 23:00GMT, at 1552.38 per ounce, as continuing worries over Europe’s sovereign-debt crisis boosted the demand for the yellow metal. In the Asian session at 3:00GMT, … Continue reading
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Gold: Yellow metal continues to trade higher
Gold prices traded higher by 0.82% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,543.40 per ounce, as a weaker-than-expected US nonfarm payrolls data spurred demand for the yellow metal. In the Asian session at … Continue reading
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Gold: Trading flat this morning
Gold prices traded higher by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1,530.82 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,531.05 per ounce, flat from 23:00GMT. The pair is … Continue reading
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Gold: Yellow metal marches northwards
Gold prices traded higher by 0.99% against the USD in the 24 hour period ending 23:00GMT, at 1,528.60 per ounce, after a rate rise in China put inflation concerns back in the spotlight and as concerns over euro zone debt … Continue reading
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Gold: Trading flat, after yesterday’s rise
Gold prices traded higher by 1.22% against the USD in the 24 hour period ending 23:00GMT, at 1,513.55 per ounce, stoked by concerns over the outlook for the Chinese economy and amid renewed worries over the euro zone debt crisis. … Continue reading
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Gold: Precious metals continues to shine on global cues
Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1,495.30 per ounce, as investors turned cautious again, after ratings agency Standard & Poor’s cautioned that a plan to rollover Greek debt could … Continue reading
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Gold: Gold declines as fears over Greece recede, trading higher this morning
Gold prices traded lower by 1.11% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,485.57 per ounce, as optimism over Greece’s debt situation reduced the appeal for the precious metal. In the Asian session at … Continue reading
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Gold: Yellow metal takes a backseat
Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1,502.22 per ounce, as Greece’s drive to stave off the euro area’s first sovereign default curbs demand for the metal as a protection … Continue reading
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