Tag Archives: Gold

Spot gold prices are trading around unchanged levels Thursday after prices managed to recover to post some marginal gains during the previous session.

Spot gold prices are trading marginally higher Wednesday after correcting back sharply lower during the previous session. Better than expected US retail sales data sent gold prices sharply lower from $1614 to lows of around $1591.40 with sentiment in the precious metal crimped after the promising US data dampened hopes for further stimulus measures from […]

Spot gold prices are trading moderately higher Tuesday, in consolidation mode after correcting lower during the previous session. Spot gold prices ended Monday’s session lower, falling $10.40 to post a close of $1609.75 a troy ounce.

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.

Spot gold prices are trading around unchanged levels Thursday as market participants in the precious metal turn their attention to the conclusion of today’s eagerly awaited ECB meeting, due at 1145GMT.

Spot gold prices are trading around unchanged levels Tuesday as market participants await the conclusion of the two-day FOMC meeting which begins today.