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Spot gold prices have edged their way higher Monday as diminishing prospects for global growth help support expectations of more stimulus measures from various central banks around the world.

Spot gold prices are trading in negative territory Friday taking its cue from a moderate risk-off theme observed during the Asian session this morning. Spot gold had edged its way higher during Thursday’s session to post a close at $1617.25.

Spot gold prices are trading moderately lower Wednesday with prices confined to a narrow trading range so far this morning. Spot gold ended Tuesday’s session marginally higher at $1612.35 a troy ounce, as the market continues to trade in a holding pattern ahead of next month’s FOMC meeting, scheduled for Sept 11-12.

Spot gold prices are trading around unchanged levels Tuesday as prices attempt to clear a medium resistance band currently camped around the $1612/14 area.

Spot gold prices are trading moderately higher Monday extending their gains from Friday’s session. Friday’s risk-on sentiment from better than expected US employment data has seen risk assets carry over in a positive bias into this morning’s Asian session, with the euro earlier printing a 1-month high against the USD at $1.2443 before slipping back […]

Spot gold prices are trading marginally higher Friday after prices finally came under pressure during the previous session, after ECB President Mario Draghi disappointed markets at yesterday’s much anticipated ECB press conference.