Tag Archives: Gold

Spot gold prices have edged their way higher Monday extending the gains seen at the end of last week. Spot gold has currently held at $1591.40, just below Friday NY close of $1592.99 with prices so far hitting a session high of around $1599.30, tracking a steadier euro that has so far rallied during Asian […]

Spot gold prices are trading higher Thursday after trading down to a 4.5 month low on the previous session. Prices have spent the majority of the Asian session edging their way higher, with some mild risk covering seen across Asia.

Spot gold prices are trading lower Wednesday, extending their losses to the downside pressured by risk aversion. Prices kicked off the Asian session around $1545 and attempted to hold above the $1540 level, before a sharp decline in Asian stocks saw gold move in tandem as Asian markets got to grips with the uncertainty surrounding […]

Spot gold prices are edging their way back to unchanged to lower levels Monday, moving in tandem with a weaker euro. Some bargain hunters in the physical market initially helped prices recover from four month lows during the Asian session, with the precious metal recovering slightly to trade up to a session high at $1585.90 […]

Spot gold prices are trading in negative territory Friday, moving in tandem with lower equity prices across Asia. Prices have once again been in decline after briefly getting back above $1600 during yesterday’s U.S. session.

Spot gold prices are trading around unchanged levels Thursday, with the market consolidating a little after three consecutive down sessions. Prices held around $1580 yesterday. Spot gold has been range bound for much of the Asian session, edging its way back higher in tandem with a slightly improved showing from the euro and a moderate […]

Spot gold prices have dropped to their lowest level seen in over four and a half months Wednesday, pressured by a weaker EUR as investors became nervous about the political upheavals in Greece that threaten to sink the country into chaos.

Spot gold prices have edged lower so far Tuesday, currently trading $1637 just above session lows. Prices have been in a narrow range during Asian traded hours, grinding off slowly from $1639 moving in tandem with a weaker euro.

Spot gold prices are trading near their lowest levels in over a week Friday, with the market currently pausing at $1634. Prices have now corrected back nearly 80% of the move seen from $1624.40 on the 25 April to the highs posted at $1671.60 on 1st May.

Spot gold prices are trading in negative territory Thursday, with the market currently trading $1647.40 down $6.10 on the session. Spot gold has edged it’s way lower for the majority of the Asian session, with the precious metal under pressure amid a strengthening USD buoyed by concerns of Europe’s debt crisis flaring up once again.

Spot gold prices have edged their way higher to a two-week high Tuesday, underpinned by some weakness in the USD. Gold ended April in negative territory for the third consecutive month after after U.S. data showed some improvement in the U.S. economy and the Federal Reserve’s stance for additional monetary easing became less dovish.