The warehouse stocks data released daily by the London Metal Exchange (LME) showed a drop in the inventory levels of Copper, Zinc, Aluminium and Nickel, while Lead stocks increased. Copper stocks decreased by 750 tonnes, while Nickel inventories also declined by 72 tonnes...
On Wednesday gold edged up as the dollar took a breather after recent gains and as financial markets were jittery regarding Greece's future in the euro zone...
Gold prices on Comex advanced amid thin Asian demand, rebounding from near one month-lows reached in the previous session, as traders continue to speculate over Greece’s future. Stuck below 200-DMA Currently, gold trades higher by 0.41% at 1237.30 levels, having posted daily lows at 1233...
Gold prices are stuck between the 50-DMA and the 10-DMA located at USD 1232.88 and USD 1245.24 levels respectively. Uninspired by US jobs data The metal hardly reacted to the release of the JOLTS job opening data, which showed there were 5...
Gold prices are trading weak despite Greek issue and escalating tensions in Ukraine, due to the strength in the US Treasury yields and a strong US dollar. 10-year Treasury yield at one-month high The 10-year yield is trading at a one-month high of 2...
Silver prices declined despite gains in Gold amid risk aversion due to Greek fears and escalating tensions in Ukraine. Trades below hourly 50-SMA Prices fell below the hourly 50-SMA level located at USD 16.92, after the metal faced rejection at the 10-DMA located at USD 17.07 levels...
Gold prices extended gains for the second consecutive session as concerns regarding Greece’s futures in the Eurozone curbed risk-on buying in the markets. Gold tests 200-DMA Gold prices rose to the 200-DMA located at USD 1245...
Gold futures rose on Monday, as investors were still concerned about Greece...
Copper futures declined, as disappointing Chinese trade data added to speculation that policymakers in Beijing may implement further stimulus measures...
Gold prices on Comex broke above USD 1240 levels and climbed higher on increased safe haven bids for gold amid renewed geopolitical crisis in Greece and Ukraine. Gold gains on broad based risk-aversion Currently, gold trades higher by 0.62% at 1242...
Gold prices recovered marginally to USD 1240/Oz levels after the Chinese trade data showed further economic weakness in China. Gains capped by strong USD The yellow metal recovered from the Friday’s closing of USD 1234.2/Oz after the data in China showed showed China's exports falling 3...
On Monday, gold prices on Comex remained slightly higher in the Asian session, as weaker than expected Chinese trade balance data pressured Asian equities, making investors look for a shelter...
Gold prices on Comex remain slightly elevated in the Asian session as weaker than estimates Chinese trade balance data dragged Asian equities lower, making gold more attractive for investors. Rises from 1235.30 levels Currently, gold trades higher by 0.22% at 1237...
According to FXStreet Editor and Analyst, Dhwani Mehta, XAU/USD is likely to break lower to retest 1228.64 levels, but a failure to break the support might lead the pair to rebound higher...
The London Bullion Market Association (LBMA) rounded up a panel of experts to forecast precious metal prices in 2015 -and while prospects may be neutral for gold they are bullish for silver, platinum and palladium...
Gold prices trade steady around USD 1265/Oz levels as the markets await the monthly Non-farm payrolls data in the US; a gauge of labor market strength which is actively tracked by the Fed officials...
Gold prices on Comex rallied to fresh session highs, snapping losses from the previous session. However, gold prices are poised to record biggest weekly loss in almost two months. Rises from 1262.50 levels Currently, gold trades higher by 0.40% at 1267...
Gold traders may have noticed the highs getting lower on the charts while at the same time the lows are getting higher. This is leading to a squeeze in the price of gold that will likely result in a breakout and a strong move either way...
Gold prices on Comex extended gains from the previous session and remained elevated, although in a tight range, as traders await fresh cues from the European session. Forms a Doji on the daily chart Currently, gold trades higher by 0.64% at fresh daily highs of 1272...
According to FXStreet Editor and Analyst, Dhwani Mehta, XAU/USD bulls might lead the pair higher if it sustains above 1270, expecting a break above 1272.20 to pave way for 1276.35. Key Quotes “Gold prices in terms of US dollar (XAU/USD) rebounded and closed on Wednesday at higher levels at 1272...
