28 November 2014The U.S. Comex gold futures traded 1.25% lower during Asia Friday morning at around $1,182, a reaction to the OPEC’s non-action on 27 November.
27 November 2014The gold market was very quiet today ahead of the Thanksgiving Holiday in the U.S. The market remained below the $1200 level for most of the session, and closed just shy of this price point.
26 November 2014The U.S. Comex gold futures rose 1.02% last week and stabilized at around $1,197 level on Tuesday. Year-to-date, the gold futures have fallen 0.43% while the Dollar Index has risen almost ten percent.
21 November 2014The SPDR Gold Trust holdings have declined about 20 metric tons this month and almost 80 tonnes this year. The gold exports from Switzerland have jumped 13% to 192.8 tonnes in October.
19 November 2014After rising above $1,200 on Tuesday, the U.S. Comex gold futures finished at $1,197.10, rising 0.97% this week and climbing 1.35% last week.
18 November 2014Gold prices did not do much of anything on Monday to begin the new trading week. This likely comes as a bit of a disappointment to the gold bulls who were probably looking for some meaningful follow through after Friday's gains.
14 November 2014The World Gold Council (WGC) reported that the global gold demand declined about two percent year-on-year to 929 tonnes in Q3 while the total supply also dropped seven percent mainly due to the fall in recycling.
13 November 2014Gold prices drifted lower today in quiet trade as stocks were quiet, crude oil fell and the dollar index rose.
12 November 2014The managed gold combined net positions plunged 36% to 45,072 contracts during the week ending 4 November
11 November 2014Gold prices saw increasing selling pressure as the session went on Monday as key outside markets likely drove selling.
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