On Wednesday gold prices were steady near one-week highs on the back of falling benchmark bond yields across major nations and as the dollar remained vulnerable before U.S. economic data later in the day...
Gold-Usd correlation is yet another significant forex market indicator. Gold, denominated in terms of the U.S. dollars, directly impact price movement of EURUSD. Due to its relative rarity and historical significances, it is considered as one of the most treasured metal in the world...
At the beginning of the week, silver, copper, platinum and palladium all dropped after on Sunday the People's Bank of China cut its interest rates for the third time since November. Efforts by China’s regulator failed to ease traders’ concerns over the country’s slow economic pace...
On Tuesday gold prices surged, as a broadly weaker U.S. dollar fuelled the appeal of the yellow metal, while investors eyed gains in global bond yields...
Although gold slightly declined at the beginning of the week, following the third rate cut by the People's Bank of China within six months, Kitco News analyst Frank Holmes considers there is still a strong base for the gold...
On Tuesday gold was steady in rangebound trading, as market players watched gains in global bond yields while eyeing developments in Greece's debt negotiations...
Thomson Reuters GFMS’ Andrew Leyland joins a conversation with Kitco News at which he shares results from this year’s silver survey...
On Friday gold futures edged higher, staying on pace for a weekly gain as investors digested the U.S. jobs report...
Tenkan-sen line is located below Kijun-sen line of Ichimoku indicator with 1306.82 resistance and 1131.75 support levels on monthly timeframe chart for the bearish market condition to be continuing...
Gold prices edged higher in European morning hours on Friday, but gains were limited as demand for the greenback remained supported by Thursday's jobless claims data and as markets eyed an upcoming report on U.S. nonfarm payrolls...
On Thursday copper prices fluctuated between small gains and losses, as market players closely watched the direction of the greenback. Key U.S. employment data were also expected as they could provide further clues on the timing of a Federal Reserve rate hike...
On Wednesday gold and copper prices edged higher in Asia on a gain in a services survey in China that showed a pickup in activity. Silver slightly declined...
On Tuesday gold prices again rose to the $1,200-level, as market players digested mixed U.S. data...
On Tuesday gold prices were slightly higher in early U.S. trading. Friday's US employment report for April; weekly Goldman Sachs and Johnson Redbook retail sales reports due for release on Tuesday as well as a number of other reports are awaited...
Overnight, gold retained gains but held below $1,200/oz as investors looked ahead for US nonfarm payrolls later in the week for clues on when the US Federal Reserve will hike interest rates...
The bank also revised its forecast for 2015 four percent lower to $1,220 per ounce, citing lower inflation, reduced inflation expectations, higher US interest rates and a stronger US dollar. The bank also downgraded its silver price forecasts for 2015 – it now sees silver averaging $19...
The recent string of poor economic data weighed on the US currency meanwhile giving a boost for the gold. Kitco analyst Peter Hug shares his thoughts on the gold market reflecting upon when the rate hike will finally come...
On Thursday copper prices hit five-week highs, as the greenback plunged with a June rate hike now looking less likely...
A rally in iron-ore prices has recently pushed the commodity into the bull market. But analysts caution the rally may be a short-term bump...
On Wednesday gold prices trimmed the session's losses as data indicated that the U.S. economy grew less than expected in the first quarter, adding to jitters over the US economic recovery...