25 May 2012Gold futures fell for the first 3 days of this week by $43.5 or 2.7% before rebounding $9.1 to end at $1,557.5 on Thursday. Year-to-date, gold futures are down 0.6%, worse than S&P at +5.9% and Dollar Index at +2.7% but better than Stoxx...
23 May 2012Gold futures rebounded strongly last Thursday and Friday, rising 0.5% for the week after falling 5% during the previous two weeks. Gold price touched $1,599 during Monday morning in Asia though some profit-taking took place. Gold fell by...
18 May 2012Gold futures bucked the trend of the broader market and jumped $38 or 2.5% on Thursday, the largest percentage increase since 25 October, 2011. S&P fell almost 2% while Stoxx and crude oil both dropped 1.5%. Dollar index rose for 14...
16 May 2012Gold futures continued its decline this week after falling 3.7% last week. As of Wednesday Asia open, gold futures is trading around $1,543, falling about 2.6% this week. The dollar index has now risen 12 sessions as of 15 May, up 3% since...
16 May 2012Gold futures rebounded by $1.3 on Thursday to end at $1,595.5 after falling 3.1% this week, the worst week for gold since mid-March. Stoxx and Euro/dollar also rebounded on some positive news out of Europe. The European Financial Stability...
11 May 2012Gold futures rebounded by $1.3 on Thursday to end at $1,595.5 after falling 3.1% this week, the worst week for gold since mid-March. Stoxx and Euro/dollar also rebounded on some positive news out of Europe. The European Financial Stability...
09 May 2012After the game-changing election results in Greece and France on Sunday, one may be puzzled by the price action of gold relative to other markets this week. By Tuesday, gold futures have fallen almost $41 by -2.5% to $1,604.5, much more...
04 May 2012Gold futures dropped four days in a roll by about 1.8% and ended at $1,634.80 on Thursday. The last time gold futures fell consecutively for four days was during 12th to 15th of December last year when dollar surged and the fear for...
02 May 2012After rising almost 11% in January, gold Comex futures declined 3 months in a row, ending at $1,664.2 at the end of April. Year-to-date gold futures gained 6.3% compared to MSCI World (Developed Market) Index, 10.8%, CRB Index, 2.2% and...
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