Tag Archives: Gold

According to the COMEX, gold futures for December were traded $ 1971.20 per ounce, down 0.39%. It previously traded at a session low at $ 1965.80 an ounce. Gold may find points of support at $ 1914.70 and resistance at $ 2001.20. The dollar index, which measures the performance of …

Gold prices closed higher on Tuesday despite giving up some of its earlier higher gains, with the US Dollar (USD) recovering from from its lowest level in nearly two years on the back of strong manufacturing activity data. Gold futures for December delivery finished marginally higher by 30 cents, or …

Gold prices rose on Tuesday, September 1st, to their highest level in nearly two weeks, with the dollar retreating to its lowest level in several years amid betting that US interest rates will remain low for a longer period under the new US Federal Reserve policy framework. The gold spot …

According to the COMEX, gold futures for December were traded $ 1993.60 per ounce, up 0.76%. It previously traded at a session high $ 1997.45 an ounce. Gold may find points of support at $ 1914.70 and resistance at $ 1997.45. The dollar index, which measures the performance of the …

Gold prices rose on Monday, supported by the US Dollar’s decline, however, it finished lower for the month. The yellow metal futures for December delivery settled higher by $3.70, or 0.2%, at $1,978.60 per ounce. On a monthly basis, the precious metal lost about 0.4% during the month of August.

Gold reversed its trend to decline on Monday, August 31, as the dollar recovered some of its losses, despite the US Federal Reserve’s new policy framework, which indicates that interest rates will remain near zero for a longer time, has limited the losses of the yellow metal, which is considered …

Gold prices rose on Friday switching earlier weekly losses into gains. Gold futures for December delivery added $42.30, or 2.2%, and settled at $1,974.90 per ounce, rising by 1.4% for the week. Meanwhile, silver futures for December delivery increased by 59 cents, or 2.2%, to finish at $27.79 per ounce, …

Gold rose about 1%, as the dollar fell while investors held signs of a policy of monetary easing issued by Jerome Powell, Chairman of the Federal Reserve Board (the US Central Bank). Spot gold rose 0.9% to 1946.55 dollars an ounce with the close of the Tokyo Stock Exchange, after …

Gold prices finished Thursday lower, after remarks by the Chairman of the United States Federal Reserve, Jerome Powell, came in line with market expectations. Gold futures for December delivery closed lower by $19.90, or 1%, at $1,932.60 per ounce. The yellow metal has diminished most of its earlier gains, after …

Gold fell Thursday, August 27th, following a sharp increase in the previous session as investors adjusted their positions to focus on whether the US Federal Reserve chairman will hint at a change in monetary strategy. By 06:22 GMT, spot gold fell 0.8% to 1938.32 dollars an ounce, after rising 1.3% …