Search Results for: Gold price
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 ...
Gold Under Pressure, Dips Under $1300
July 24th, 2014
Gold has dipped under the key level of $1300, as the spot price stands at $1298.67 per ounce late the European session. The metal has now slipped about 2% in little over a week. In the US, Unemployment Claims ...
Gold Flat As Markets Eye US Housing, Employment Data
July 23rd, 2014
Gold is flat on Wednesday, as the spot price stands at $1307.44 per ounce late the European session. There is just one event on today’s schedule, Crude Oil Inventories. Investors are waiting for new economic data, and on Thursday ...
Technical Analysis Gold Stable Ahead of Key US Data
July 22nd, 2014
Gold has edged lower on Tuesday, as the spot price stands at $1306.09 per ounce in the European session. On the release front, it’s a busy day in the US, highlighted by Core CPI and Existing Home Sales, the ...
Gold Posts Slight Gains on Ukraine Plane Crash, Gaza Hostilites
July 21st, 2014
Gold prices have moved slightly higher on Monday, as fighting rages in Gaza and tensions increase in Ukraine. In the European session, the spot price stands at $1316.03 per ounce. On the release front, there are no US releases ...