Gold prices settled lower on Thursday, as the US Dollar strengthened and was supported by strong economic data. Gold futures for August delivery decreased by about 1% or $16.80 and closed at $1,803.80 per ounce, maintaining the $1,800-level. On Wednesday, the precious metal futures closed at their highest level since …
Read More »Gold Fell, Above $ 1,800
Gold fell in the Asian session on Thursday but remained above $ 1,800 for the third day in a row. Gold futures fell 0.04% at $ 1819.95 (3:22 GMT), the yellow metal managed to maintain gains of the previous four sessions. Covid-19 outbreaks and lockdowns resulted in investors going to …
Read More »Gold Prices Jump to Another Record High
Gold prices maintained an upward trend for the fourth consecutive session on Wednesday, closing at a new record high for the second day in a row. The yellow metal has been soaring above the $1,800-mark since Tuesday. Gold futures for August delivery settled higher by $10.70, or 0.6%, at $1,820.60 …
Read More »Gold Breaks Above $1,800
Gold reached $1,800, hitting the highest level since November 2011, surpassing a previous high of $ 1797, and it is now functioning as support. Investors are looking for levels of 1,810 then 1,825, 2011 peaks at under the spotlight at 1,921 and 2000. Gold is ready to post more bullish …
Read More »Gold Prices Close at Highest Level Since 2011
Gold futures settled on Tuesday at a new record level that is the highest since September 2011. Gold futures for August delivery increased by $16.40, or 0.9%, to settle at $1,809.90 per ounce. The yellow metal rose earlier today to the $1,810 level. Spot gold is currently trading at $1,795.85, …
Read More »Gold Slipped as Dollar Strengthened
Gold prices fell during trading on Tuesday, with the rise of the US dollar and amid anticipation of economic data. The prices of the yellow metal are currently trading at levels of $ 1776.98 an ounce, down by 0.43%, while the metal futures, August delivery, fell to $ 1787 an …
Read More »Gold Settles Higher on Dollar Woes
Gold prices rose on Monday, nearing its highest level in about a week, despite an increased risk appetite among investors. However, the rise in the yellow metal prices is mainly attributed to the Dollar’s decline. Gold futures for August delivery rose by $3.50, or 0.23%, to settle at $1,793.5 per …
Read More »Gold in a Narrow Range
Gold recorded stability and remained in a narrow trading range of five dollars on Friday, influenced by fears of a high number of Covid 19 cases and continued trade tensions between the United States and China as well as a higher-than-expected payroll report (NFP). There was little change in gold …
Read More »Gold Settles Higher on Thursday
Gold prices increased on Thursday with the rising number of cases with the coronavirus disease (COVID-19) pushing demand for safe havens, despite news of successful attempts at developing an effective vaccine and signs of economic recovery. Gold futures for August delivery increased by $10.10, or 0.6%, and closed at $1,790 …
Read More »Gold Settles Lower by 0.6%
Gold prices declined on Wednesday, giving up its highest level in about eight years, after positive economic data in the United States and news about a vaccine for the coronavirus disease (COVID-19) lowered demand for safe havens. The price of spot gold fell by around 0.6% to $1,770 per ounce, …
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