Copper prices swung between small gains and losses on Tuesday, as the latest trade figures out of China added to concerns over the health of the world's second-biggest economy, while also pointing to strong demand for the red metal. Chinese exports slumped 6...
Gold prices bounced off the hourly 200-MA at USD 1066.87 and now is eyeing the hourly 50-MA located at 1076.74 levels. Haven demand supports gold The weaker-than-expected Chinese trade data rattled investors, leading to risk-off in Asia, which could hit the European shores as well...
Gold prices bounced off the hourly 200-MA at USD 1066.87 and now is eyeing the hourly 50-MA located at 1076.74 levels. Haven demand supports gold The weaker-than-expected Chinese trade data rattled investors, leading to risk-off in Asia, which could hit the European shores as well...
Risk-off trades re-emerged in Asia following the release of weak Chinese trade data, which boosted gold’s safe-haven appeal and aided the recovery in the bullion from near 1066 levels. Gold: Revisits daily highs near 1072.50 Currently, gold trades marginally higher at 1071...
Gold prices found support at USD 1080.48 (23.6% of Oct 15 high-Dec 3 low, but the rebound was not seen on account of a the USD rally in the European session. USD strength capped gains The metal clocked a high of USD USD 1086...
Iron ore prices fell below USD 40; its lowest since 2009 due to increasing low-cost supply (partly due to low oil prices) and falling demand from China. As per Bloomberg report, “Ore with 62% content delivered to Qingdao lost 2.4 percent to $39...
According to data from the People's Bank of China (PBOC), reported via MNI, the value of China's gold reserves fell to $59.52 billion at the end of November from end-October's $63.26 billion...
The bearish market condition for Silver over the last months has been brutal for anyone holding the dear metal as speculation mounts that the Fed can create a pass on financial policy. The market could have enraptured too early with the waiting for the game to be started...
Gold price is traded on 5.5 year low by reachin 1052.67 support: the price is under pressure by bearish fundamental news events from the US and strong US dollar which is breaking 100.31 resistance to above for now...
Analysts from ABN Amro report: “Gold investors will have to wait at least one more year before they can expect to see a sustained recovery of the gold market." ABN Amro's forecast for 2016 says about further weakening of gold and silver at the beginning of 2016...
Here’s the market outlook (courtesy of Tallinex Limited - https://www.tallinex...
Copper prices jumped on Thursday, along with other base metals such as nickel and zinc, after China regulators were said to consider a probe into metal short-selling in the local market...
Historical data reveals that Gold tends to rally during the US Thanksgiving celebration, which is held on the 4th Thursday of November each year...
On Tuesday gold prices slightly recovered but remained near the prior session's five-and-a-half-year low as investors anticipated the release of revised U.S. third quarter economic growth data later in the day for a fresh reading on the strength of the economy...
Gold bounced more than $20 an ounce since Wednesday’s multi-year low, but lost ground again on Monday hurt by the strong greenback...
On Monday copper prices fell to the lowest level since May 2009, as the possibility of higher interest rates in the U.S., a broadly stronger greenback and slower global economic growth, especially in China, weighed on the the non-ferrous metal market...
W1 price is located within yearly Central Pivot at 17.41 and below S1 Pivot at 12.66 in the primary bearish area of the chart: The price is breaking key support level at 13.96 from above to below for S1 Pivot at 12.66 as the next bearish target...
Weekly price is located below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bearish market condition: The price is breaking 1074.07 support level on open weekly bar for 909.69 level as the next bearish target. 100 SMA is below 200 SMA for the bearish trend to be continuing...
Gold prices rose on Thursday, on a short-covering and bargain-hunting bounce after prices dropped to a 5.5-year low Wednesday...
