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Market’s Focus on Stronger Data and Dollar Caused Gold Prices to Give up Gains

Kelly Smith

24 June 2015The U.S. Comex gold futures rose 1.93% last week but fell 2.11% this week to $1,176.60 on Tuesday. The S&P 500 Index rose 0.68% this week while the Euro Stoxx 50 Index surged 4.97% and the crude oil futures jumped 2.35%.

The Key Drivers of Gold Prices

Kelly Smith

19 June 2015The U.S. Comex gold futures jumped 2.14% to $1,202 on Thursday, climbing the most since 13 May thanks to the more tempered outlook from the Fed’s Chair.

U.S. Monetary Policy Changes Dominate Greek Problems for Gold Investors

Kelly Smith

17 June 2015The U.S. Comex gold futures rose 0.14% in the past two days to $1,180.90 on Tuesday compared to 0.11% rise in the S&P 500 Index and the 1.39% drop in the Euro Stoxx 50 Index.

Gold Prices Shows Market Complacent with the Greek Situation

Kelly Smith

12 June 2015The U.S. Comex gold futures climbed 1.05% this week to $1,180.40 while the Dollar Index dropped 1.38%. Year-to-date, the gold futures were almost flat.

Gold Prices Steadier as Stocks and Bonds Drop and Greece Negotiations Intensify

Kelly Smith

10 June 2015The U.S. Comex gold futures rebounded 0.81% to $1,176.30 on Tuesday after falling 1.79% last week. The Dollar Index fell 1.18% to 95.166 this week after falling 0.62% last week.

Gold’s Tame Response to the Volatility from Greece and Bonds

Kelly Smith

05 June 2015The U.S. Comex gold futures retreated 1.61% in the past two days to $1,175.20 on Thursday compared to -0.63% for the S&P 500 Index and -0.15% for the Euro Stoxx 50 Index.

Gold Price Steadies as Bond Volatility Surges

Kelly Smith

03 June 2015After rising 0.59% in May, the U.S. Comex gold futures climbed a further 0.42% this week to $1,194.40 while the Dollar Index tumbled 1.11% to 95.835 as the Euro Dollar rallied 2.05% on Tuesday.

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