Search Results for: Gold
India to face a new technique for gold
August 1st, 2014
India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world’s second-biggest buyer. India — whose appetite for gold is only ...
Technical Analysis Gold – Drops to Six Week Low Near $1280
August 1st, 2014
Technical Analysis Gold for Friday, August 1, 2014 In the last few days gold has been easing lower and placing pressure on the support level at $1300 which eventually gave way resulting in gold falling sharply back down to ...
Gold Flat Ahead of Unemployment Claims
July 31st, 2014
Gold prices are steady on Thursday, as the metal continues to trade close to the $1300 level. In the European session, the spot price stands at $1295.01 per ounce. In the US, today’s highlight is Unemployment Claims. The markets ...
Gold Below $1294 as U.S. Economy advances
July 31st, 2014
Gold retreated for a fourth day to head for a monthly decline as further signs that the U.S. recovery is gaining momentum strengthened the case for higher borrowing costs in the world’s largest economy. Gold for immediate delivery fell ...
Gold Flat at $1300 Ahead of Key US Data, Fed Statement
July 30th, 2014
Gold is listless on Wednesday, as the metal hugs the $1300 line late in the European session. On the release front, it’s a busy day, with three key events out of the US – Advance GDP, ADP Nonfarm Payrolls ...
Gold Drops to $1300 as Stocks Advance
July 30th, 2014
Gold futures declined as U.S. and European equities advanced, curbing demand for the precious metal as an alternative asset. Stocks climbed on optimism over corporate earnings. U.S. consumer confidence soared in July to the highest in almost seven years ...
Gold Firm as Markets Eye Fed Policy Meeting
July 29th, 2014
Gold is steady on Tuesday, as the spot price stands at $1307.47 late in the European session. On the release front, it’s another quiet day, highlighted by CB Consumer Confidence. The markets are expecting another strong showing from the ...
Gold for bitcoin could be the new trend
July 28th, 2014
A new possible obstacle for regulators, including India, is ‘gold for bitcoin’ trades which are becoming the new trend in the world of anonymous transactions, keeping warm the desire to invest in virtual currencies. This comes at a time ...
Gold Above $1300 Again
July 28th, 2014
Technical Analysis for Gold, Monday, July 28, 2014 Gold did well at the end of last week to surge higher through the $1300 level back up towards $1310 before easing slightly to start this new week. Throughout most of ...
Gold Steadies After Losses, Remains Under $1300
July 25th, 2014
Gold remains under the key level of $1300, as the spot price stands at $1293.13 per ounce late the European session. The metal has now slipped about 2% in the past week. On the release front, it’s a quiet ...
