On Wednesday gold maintained gains from a two-day rally to reach a three-week peak as more soft US economic data hurt the dollar and undermined hopes for a US Federal Reserve rate hike in June...
China’s gold consumption showed signs of recovering in the first three months this year after plunging in 2014, as relatively low bullion prices attract Asian interest, especially in gold jewelry. Demand in the first quarter rose 1.1% compared with a year earlier to 326...
H4 price broke 200 period SMA and 100 period SMA stopped by 1207.22 resistance level; the price is located above 200 period SMA and 100 period SMA for now: The price is ranging between 1175.17 support and 1207.22 resistance levels with the primary bullish market condition...
“Gold has certainly been in a bear market prior to today and continues to be, regardless of the rally,” said Adam Koos, president of Libertas Wealth Management Group...
Gold futures fluctuated on Tuesday, a day after recovering sharply from five-week lows to retake the psychologically important $1,200-an-ounce level impacted by speculation Fed policy makers may delay the rate hike...
Tuesday marked the first fall for copper prices in three sessions, as investors awaited cues on monetary policy from the Federal Reserve...
Analysts at Commerzbank consider there will be continued demand for gold in Europe, as Greek concerns will continue to weigh for some time...
Gold futures recovered on Monday as negotiations between Greece and its international creditors kept going and investors awaited the outcome of this week’s meeting of the US central bank's policy makers...
On Monday morning the base metals have added to Friday's gains, with precious metals also higher backed by the weak sentiment for the greenback...
Gold is sensitive towards economic reports, and analysts now reflect on how it will behave ahead of Wednesday's FOMC meeting...
Kitco News analyst reflects upon why the gold price is where it is now, meanwhile being impressed by how positive the real rates of return are in the U.S...
On Friday gold prices were little changed during European morning trade, as the greenback began to recover from the previous session's downbeat U.S. economic reports. Markets now eye additional U.S. data due later in the day...
US DOLLAR TECHNICAL ANALYSIS Prices stalled on a retest of a pivotal trend line after correcting upward from a monthly low. Near-term resistance is in the 12027-49 area (23.6% Fibonacci expansion, trend line), with a break above that on a daily closing basis exposing the 38.2% level at 12089...
On Thursday gold prices declined, as disappointing manufacturing activity data from China weighed and the greenback was supported by Wednesday's U.S. home sales data...
Analysts at Barclays said in a research note that investor demand of gold and silver in the form of bullion coins has been weak in April, despite the seeming stabilization of gold prices around $1,200 an ounce...
The Greek crisis has not given any boost to the safe-haven assets so far, however that may change soon...
On Wednesday gold prices swung near the $1,200-level amid jitters over the lack of an agreement on economic reforms for bailout funds between Greece and its creditors remained...
Precious metals gained on Tuesday morning in Europe, reversing some of the previous session's losses, despite a firming of the US dollar...
On Monday gold futures inched lower, slipping back below the $1,200-an-ounce level as a stronger dollar offset concerns about Greece...
On Monday gold traded steadily during early trading shrugging off aggressive easing measures out of China over the weekend. The move signals China's authorities are getting more and more concerned about the country's economy...
