27 June 2014The gold prices will likely finish at least five percent higher for June and about ten percent higher for the first half.
25 June 2014The U.S. Comex gold futures have jumped 3.34% last week and have risen 0.36% this week to $1,321.30 on Tuesday. The gold prices reached $1,326.60 intraday on Tuesday, approaching the recent high on 14 April
20 June 2014With the surge in gold prices on Thursday, the gold futures now returned 9.83% year-to-date, beating both the S&P 500 Index and oil. The U.S. ten-year government bond yield climbed about 2bp this week to 2.621% on Thursday.
20 June 2014Gold prices rocketed higher today as a mix of technical buying and short covering hit the market. The gold bulls are showing some real signs of life as the market reclaimed the psychologically important $1300 level.
18 June 2014The U.S. Comex gold futures have surged 1.72% last week after rising 0.55% the week before. This week, the gold futures have fallen 0.16%, ahead of the FOMC announcements on Wednesday.
11 June 2014The U.S. Comex gold futures have risen 0.61% this week to end at $1,260.10 on Tuesday on the back of the breakdown of the talk to end the South African miners strike and the precious metals group rally.
06 June 2014The U.S. Comex gold futures jumped 0.72% to $1,253.30 on Thursday after the ECB cut the interest rates to unprecedented levels.
04 June 2014The U.S. Comex gold futures traded as low as $1,240.20 on 3 June before ending at $1,244.50 on Tuesday. Last month, the futures have dropped 3.88%, the worst monthly performance since September 2013.
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