28 March 2014The U.S. Comex gold futures have plunged 3.09% to $1,294.70 on Thursday and traded as low as $1,289.60. Month-to-date, the gold futures have declined 2.09%, the first monthly decline this year.
26 March 2014The U.S. Comex gold futures stabilized on Tuesday at $1,311.40 after falling 1.86% on Monday and dropping 3.12% last week. The CRB Commodities Index also rebounded 0.48% this week
25 March 2014Our last commentary, we warned a make or break on gold as $ 1400 is within sight. Failure to move higher despite the escalation in Crimea has done little to promote safe haven buying.
21 March 2014The U.S. Comex gold futures have declined 3.35% week-to-Thursday, the biggest weekly percentage loss since the weekly change as of 22 November last year.
19 March 2014Having risen 3.05% last week, the U.S. Comex gold futures have dropped 1.45% in the past two days while the S&P 500 Index and the Euro Stoxx 50 Index have rallied 1.69% and 2.3% respectively.
14 March 2014The U.S. Comex gold futures have rallied 2.56% week-to-Thursday to $1,372.40 ahead of the Crimea referendum this Sunday. The S&P 500 Index, the Euro Stoxx 50 index, and the MSCI World Index have declined 1.64%, 2.45% and 1.69%
14 March 2014With the RSI at 61, there are enough room for the bulls to power through the next set of resistance at $ 1400 and $ 1422 area. Weekly MACD remains positive as it could cross above the neutral zero mark
12 March 2014The U.S. Comex gold futures rallied 0.64% in the past two days to $1,346.70 on Tuesday. This year, the gold futures have risen 12% compared to 1.47% (including dividends) for the S&P 500 Index
11 March 2014There has been a steady climb in Gold prices over the past several days, blamed mostly on the Ukraine crisis, offsetting the downward movement of the recent, unexpected drop in Chinese exports.
07 March 2014Gold Technical Outlook Weekly Chart Pullback to $ 1308.87 above the daily 200 DMA seems to suggest the bulls would like to continue advancing higher or stay a little longer.
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