25 February 2015The U.S. Comex gold futures dipped to $1,190 on Tuesday before ending the day at $1,197.30. On Wednesday morning in Asia, the gold futures rebounded one percent. Year-to-date the gold futures rose 1.11% while the Dollar Index jumped 4.68%.
24 February 2015Alas, the typical last minute agreement after much discussion between the Eurozone and Greece Finance Minister – Yanis Varoufakis. Debt extension deals for another 4 months which will help repair the fragile confidence and push backward the inevitable...
20 February 2015The latest numbers from the Shanghai Gold Exchange (SGE) demonstrate a little over 59 tonnes have been withdrawn from the vaults in week 6 of 2015, down 0.35 % w/w. SGE withdrawals, which are often used as a proxy for Chinese wholesale gold demand,...
18 February 2015The U.S. Comex gold futures touched a recent low of $1,203.30 on 17 February and ended at $1,208.60 on Tuesday, cutting the year-to-date gain to 2.07% from almost ten percent as of 22 January.
17 February 2015Gold prices were slightly higher today as the metal is finding some support around recent price levels. Gold may potentially benefit as talks seemed to break down today between Greek leaders and EU finance ministers.
11 February 2015After falling 3.43% last week, the U.S. Comex gold futures dropped a further 0.19% this week to $1,232.20 on Tuesday. The Dollar Index is almost unchanged for the week and ended at 94.758 on Tuesday.
10 February 2015Gold prices rose on Monday to begin the new trading week. The yellow metal caught a bid today as stocks came under pressure and a general sense of risk aversion entered the markets.
06 February 2015U.S. Data and Currency Uncertainty Driving the Near-Term Gold Prices
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