Tag Archives: Gold
Gold Analysis
Spot gold prices are trading marginally higher Tuesday after moderately regaining some ground during the previous session. Spot gold ended Monday’s session $6.90 higher at $1685/oz as prices tentatively edged their way back after Friday’s steep declines, which saw gold fall to $1673.94/oz.
FX Market Analysis
EUR: Opened early Europe at $1.2830, Euro-dollar closed in NY Friday at $1.2835, just off session lows of $1.2822 seen following the release of stronger than forecast US employment data.
Technical Analysis
Last week we saw the greenback ending on the strong side and equities, eur, jpy and commodities on the weak side. We are mainly looking for more of the same given that EURUSD has violated 1.2825 = sub 1.2804 (possible 1.2770 enough for the day), USDJPY stronger resistance 80.68/85,
Gold Analysis
Spot gold prices are trading around unchanged levels Monday after posting some sharp declines on Friday. Spot gold ended Friday’s session $36.10 lower at $1678.10/oz, after better than expected US employment figures dampened hopes for additional monetary easing, sending the precious metal plunging to a two-month low.
Gold Analysis
Spot gold prices are trading lower Friday, extending their reclines from the previous day. Spot gold ended Thursday’s session $6.15 lower at $1714.20/oz after US data showing an increase in private employment, a drop in jobless claims and a sharp improvement in consumer confidence signalled an improvement in the world’s largest economy, providing a boost […]
Gold Analysis
Spot gold prices are trading moderately higher Thursday, extending their gains seen from the previous session.
Gold Analysis
Spot gold prices are trading marginally higher Wednesday after ending the previous session around unchanged levels. Spot gold ended Tuesday’s session $0.15 higher at $1709.70/oz with many market participants absent from the market due to the disruption caused by Hurricane Sandy.
Gold Analysis
Spot gold prices are trading marginally higher Monday after closing the previous session around unchanged levels. Spot gold ended Friday’s session $0.90 lower at $1711.20/oz.
Gold Analysis
Spot gold prices are trading lower Friday after staging a modest recovery during the previous session. Spot gold ended Thursday’s session $10.15 higher at $1712.10/oz after prices stalled around $1718/oz ahead of resistance that had been present around $1721/22 for much of the day.
Gold Analysis
Spot gold prices are trading in positive territory Thursday after posting another set of losses the previous day. Spot gold ended Wednesday’s session $5.70 lower at $1701.95 after prices slipped briefly below $1700/oz almost $100 lower from their 11-month peak of $1795.69/oz posted in early October.
Gold Analysis
Spot gold prices are trading around unchanged levels Wednesday after prices dropped to their lowest level in over a month during the previous session.
Gold Analysis
Spot gold prices are trading in negative territory Tuesday after tentatively recovering some lost ground during the previous session.