30 March 2012Comex gold futures looks likely to end the week unchanged at around $1,662 despite a peak-to-trough sell-off of $52 during the week. The dollar index at 78.9 also looks to be down just about 0.6% for the week as of Asia opening on Friday.
28 March 2012Last week, all markets were fixated upon the news of both the Euro-area and China PMI falling from the February level. Gold futures dropped $28 to an intra-week low of $1,627.5 last Thursday before recovering to $1,662.4, down only $6.6...
14 March 2012Comex April Gold futures price was trading +/- $10 around $1,700 since the conclusion of the Greek PSI last Friday but declined intra-day by 2.5% from peak to trough after the Fed concluded its FOMC meeting on 13 March. Gold declined 0.3%...
09 March 2012As of Asia open on 9 March, Comex April gold futures is trading around $1,700, bouncing 2.2% from the recent trough of $1,663. Similarly, S&P rebounded 1.9%, Euro, 1.2%, oil, 2.2% from the lows on 6 or 7 March. Correlations among all asset...
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