Gold prices on Comex advanced in the Asian session, recovering from fresh two week lows reached in the previous session largely as Fed stays on its course to raise interest rates as early as mid-2015. Currently, gold trades higher by 0.44% at 1261...
Gold prices fell sharply in EUR terms on an upbeat German employment data and sharp fall in German inflation. Drops below 5-DMA and 10-DMA The XAU/EUR pair or Gold in EUR terms trades below the 5-DMA and the 10-DMA located at EUR 1140.15 and EUR 113.45 levels...
On Thursday copper prices traded near the lowest level in six years, amid signs the Federal Reserve is to raise rates this year and as fears over Greece's future in the euro zone re-emerged...
On Thursday the yellow metal extended losses from the previous session, as market players reassessed their expectations for the timing of the first U.S. rate hike after the Federal Reserve was optimistic about the economy...
Gold prices on Comex extended losses in the Asian session and traded lower as traders continued to weigh the FOMC’s patient approach towards policy normalization in the US. Currently, gold trades lower by -0.40% at 1282.10 levels, pulling away from intraday lows of 1278...
FXStreet Editor and Analyst, Dhwani Mehta, retains her bearish outlook for XAU/USD, expecting USD bulls to lead the pair to test its daily lows. Key Quotes “Gold prices in terms of US dollar (XAU/USD) gave away previous gains and ended lower on Wednesday at 1284...
Gold traded with slight changes, near a five-month high as investors assessed the outlook for U.S. interest rates before the Federal Reserve's two-day meeting. Economists polled by Bloomberg suppose the Fed will stay focused on raising rates about mid-term...
Copper advanced on Wednesday, as market players awaited the outcome of the Federal Reserve's policy meeting later in the day for guidance on interest rates...
On Tuesday gold fluctuated near a one-week low, as market players anticipated the start of a Federal Reserve meeting later in the day for further clarification on when interest rates might start to grow...
The Netherlands added to its gold holdings for the first time since 1998 as the ninth-biggest holder boosted assets to the highest in seven years, while Russia bought for a ninth month, International Monetary Fund data showed...
Iron ore, which plummeted 47 percent in 2014, keeps seeing reduced price forecasts from global banks, like Citigroup, UBS Group AG and now Goldman Sachs, which continue coming in the opening weeks of the year...
Today’s “larger-than-expected” QE program from the ECB will no doubt influence markets for years to come, but one of the most obvious immediate impacts has been the strength in gold...
On Wednesday gold price exceeded $1,300 an ounce for the first time in five months on speculation slowing global growth will prompt central banks to boost stimulus, driving demand for a shelter...
US DOLLAR TECHNICAL ANALYSIS Prices may be carving out a top after prices put in a bearish Evening Star candle pattern. Near-term support is at 11599, the 14.6% Fibonacci retracement, with a break below that on a daily closing basis exposing the 23.6% level at 11527...
Jim Wyckoff, from Kitco Metals Inc., introduces the skills needed for reading and interpreting gold charts...
Gold prices rocketed to their highest level in five months, supported by continuing safe-haven demand for the yellow metal following last week's surprise decision by the Swiss National Bank to abandon its currency peg. Technically, gold bulls are in charge...
Naomi Prins, former top Goldman Sachs banker, is bullish on gold price. “Gold will increase this year - also gradually for the same reason the dollar will not dump but could decrease gradually as QE and all these maneuvers play out. I don’t really think this is going to be that breakout year...
On Tuesday copper prices fell steeply, after data showed that China's economy grew at the slowest pace in 24 years last year...
On Monday gold traded near a four-month high, as investors awaited Thursday's meeting of the European Central Bank, amid speculation it will start a government bond-buying program...
Gold and technical patterns go hand in hand in the market. Many believe that gold finds more power in movements from technical patterns than fundamentals and I'm generally inclined to agree with them on that, except when it comes to FOMC and Non-farm payroll days...
