Tag Archives: Gold

Spot gold prices are trading around unchanged levels Friday with the market in consolidation mode after yesterday’s move higher. Gold prices advanced to a 3-week high as market participants began to clearly position themselves for another wave of quantitative easing (QE) from the US Federal Reserve in the wake of a string of negative US […]

Spot gold prices are trading marginally higher Thursday, with prices in consolidation mode after managing to break above $1600 during the previous session.

Spot gold prices have edged their way higher Wednesday in light trading volume amid a moderately weaker showing from the USD. Poor economic data seen from both sides of the Atlantic has helped to moderately spark up some fresh hopes for further monetary stimulus measures from the Federal Reserve, which would boost gold’s appeal as […]

Spot gold prices are trading around unchanged levels Tuesday with prices so far confined to a tight trading range during Asian traded hours. Prices in the precious metal continue to drift around, with no fresh catalyst seen to spur prices convincingly in either direction.

Spot gold prices are trading in negative territory Monday amid a stronger showing from the USD as Asian markets start the week in a risk-off tone.

Spot gold prices are trading around unchanged levels Friday and are on course to post a weekly loss of around 0.5%. Prices continue to trade on a range bound basis amid continued uncertainty surrounding the US Federal Reserve’s stance on whether they will unleash a fresh wave of quantitative easing (QE) on the market.

Spot gold prices are trading modestly higher Thursday amid a slightly weaker showing from the US dollar observed during Asian traded hours.

Spot gold prices are trading in negative territory Wednesday as the lack of any hint of fresh stimulus measures from the Federal Reserve begins to take its toll on the precious metal.

Spot gold prices are trading narrowly higher Tuesday after closing the previous session unchanged. Gold ended Monday’s session marginally lower at $1589.38 a troy ounce, with prices advancing from session lows of around $1578 upon the release of some weak US retail sales data, which in turn pushed the USD lower as speculation levels grew […]

Spot gold prices are trading around unchanged levels Monday after trading a little firmer earlier on during Asian traded hours. Gold prices edged their way lower from opening highs posted in Asia of $1593 a troy ounce in tandem with some moderate weakness observed in the euro, after the market had managed to print a […]

Spot gold prices have slipped into negative territory Thursday, pressured by an uncertain outlook on future stimulus measures by the Federal Reserve.