Gold: Gold prices took a breather, trading lower in Asian session

Gold prices traded lower by 0.76% against the USD in the 24 hour period ending 23:00GMT, at 1,462.77 per ounce, as investors booked profit, following its rally to a record and after the African Union stated that Libyan leader Muammar … Continue reading

Posted in Gold | Leave a comment

Gold: Economic, political worry fuel gold rally, trading flat this morning

Gold prices traded higher by 1.11% against the USD, on Friday in the 24 hour period ending 23:00GMT, at 1,474.10 per ounce, amid tensions over the US fiscal policy, continued euro-zone debt jitters and soaring inflation. Fretting about the divisions … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal trading higher this morning

Gold prices traded lower by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1457.88 per ounce, after the European Central Bank hiked interest rates for the first time since 2008. In the Asian session at 3:00GMT, … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal advances on inflation concerns, trading lower in Asian session

Gold prices traded higher by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1459.90 per ounce, as a combination of a weaker dollar, geopolitical unrest and concerns over inflation, raised the demand for the precious metal. … Continue reading

Posted in Gold | Leave a comment

Gold: Gold hits record high in intraday New York session, trading marginally lower this morning

Gold prices traded higher by 1.31% against the USD in the 24 hour period ending 23:00GMT, at 1454.15 per ounce, as concerns over potential US government shutdown and a credit rating downgrade of Portugal, increased the demand of gold as … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal shines on inflation worry

Gold prices traded higher by 0.49% against the USD in the 24 hour period ending 23:00GMT, at 1435.38 per ounce, as concerns over inflation raised the investment demand for the precious metals. A weak dollar and expectation of a rate … Continue reading

Posted in Gold | Leave a comment

Gold: Trading higher in Asian session

On Friday, Gold prices traded lower by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1428.10 per ounce, on upbeat US job data and after the US Federal Reserve official indicated that the central bank may … Continue reading

Posted in Gold | Leave a comment

Gold: EU finance jitters lift gold to new record, trading lower this morning

Gold prices traded higher by 0.70% against the USD in the 24 hour period ending 23:00GMT, at 1432.98 per ounce, supported by a weaker dollar and concerns over inflation. Gold was also boosted by the uncertainty over the outcome of … Continue reading

Posted in Gold | Leave a comment

Gold: Yellow metal rises, Mideast unrest lends support

Gold prices traded higher by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1,423.00 per ounce, amid broad support from unrest in the Middle East and North Africa. In the Asian session at 3:00GMT, gold is … Continue reading

Posted in Gold | Leave a comment

Gold: Risk appetite curtails gold prices

Gold prices traded lower by 0.23% against the USD in the 24 hour period ending 23:00GMT, at 1,417.30 per ounce, as investor’s choose to focus on stronger equities markets. In the Asian session at 3:00GMT, gold is trading at USD … Continue reading

Posted in Gold | Leave a comment

Gold: Gold continues to slide on upbeat US economic data, stronger dollar

Gold prices traded lower by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1,420.50 per ounce, weighed by the better-than-expected US economic reports. Stronger dollar also forced gold prices to retreat. In the Asian session at … Continue reading

Posted in Gold | Leave a comment