27 April 2012After the widely anticipated FOMC meeting on Wednesday, gold futures ended up down only $1.5 or -0.09 percent. Intra-day gold fell $15 to $1,625 after the FOMC policy statement was out, and then swiftly rebounded to $1,650 and settled at...
25 April 2012Stocks, oil, gold, Euro all fell on Monday as political news from Europe’s Holland and Hollande unnerve markets and boost demand for U.S. dollar and Treasury. Gold futures fell $10 to $1,632.6 on Monday after falling $17 the week before.
20 April 2012Gold futures traded nervously on Wednesday, falling 0.7% to $1,639.6, on the eve of the Spanish and French bond auction, and recovered slightly to $1,641.4 by the end of Thursday. S&P fell 1% while the Stoxx fell 3.5% in the past 2 days....
18 April 2012After briefly breaching $1,680 on 12 April last week, gold futures ended the week at $1,660, up 1.85% for the week. On Monday, gold futures fell 0.6% while the dollar index also fell 0.4%. Gold stabilized by Tuesday, now trading at around...
13 April 2012On Thursday, gold futures had its biggest 1-day rally of 1.22% since 21 February. This week gold has rallied more than 3%, helped by the re-assurance by two U.S. Fed governors that U.S. interest rate will remain low until late 2014 and the...
10 April 2012It was an eventful week for gold. The Comex futures plunged $72 from the week’s high at $1,685 and then recovered to $1,630 on 6 April, down 2.35% for the week. Gold futures opened at $1,643 on Tuesday in Asia and climbed to $1,653 at the...
04 April 2012Gold futures traded up 1% to end at $1,669.3 last Friday and went up another 0.6% to end at $1,679.70 on Monday in line with other commodities’ rally and dollar decline. Europeans agreed to further increase the size of their rescue fund...
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