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Tag Archives: Gold

Gold is Stable as The Dollar Rises

Gold prices stabilized Monday, September 13th as the dollar rose, while investors were cautious ahead of US consumer price readings that could determine the Fed’s decision on when to begin tapering. Spot transactions settled at $ 1787.96 an ounce, while US gold futures fell 0.2% to $ 1789. The dollar …

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Gold Moves on Unemployment Data

Gold fell in Thursday morning trading in Asia, remaining near two-week lows. The strengthening of dollar index futures also contributed to the losses of the yellow metal, while investors are also awaiting the latest policy decision of the European Central Bank. Also, gold futures fell 0.21% to $1,789.75 after reaching …

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Gold Breaking Support

Negative trading dominated gold prices during the previous trading session, within the expected bearish context, touching the official target of 1784, recording its lowest price of 1782. Technically, the possibility of continuing the decline after gold confirmed breaking the 1799 support level, 50.0% correction, turning into a resistance level, in …

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