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 …
Read More »Gold Futures Rose During Asian Session
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 …
Read More »Gold Falling as US Dollar Decline Stops
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 …
Read More »Gold is up 1% on Dollar’s Decline
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 …
Read More »Gold Futures: Room For Extra Upside
Traders increased their open interest positions in Gold futures markets by almost 3.5K contracts at the beginning of the week, according to flash data from CME Group. Volume, in the same line, reversed three consecutive pullbacks and went up by around 57.4K contracts. Gold now targets the 2020 topsPrices of …
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