By Kishori Krishnan Exclusive To Gold Investing News Money flows are being watched. Gold hit $955 an ounce on Tuesday in Tokyo, as Chinese stock markets showed signs of stability and oil prices gained ground. The precious metal dropped 0.5 per cent the previous day on selling by short-term investors due to caution in the [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]
By Kishori Krishnan Exclusive To Gold Investing News The United States is firing up the printing presses. This desperate move means the value of the dollar is destined to disintegrate. What this also means is that gold will decline on a muscular US dollar, profit-taking, technical selling and potentially deflationary economic data. The yellow metal [...]
The gold market in New York spent most of the trading session lower on Monday as equities rallied. Gold futures for April delivery slipped 3.70 dollars, or 0.4 percent, to 952.50 dollars an ounce on the New York Mercantile Exchange. For full story, click here
Shares in China’s Real Gold Mining were set to open 10.4 percent higher in their trading debut on Monday as the price of the IPO was priced at a sharp discount to its peers. For more information, click here
The SPDR Gold Shares exchange traded fund (ETF), which holds gold bullion on behalf of investors, rather than mining the stuff, is close to trading at all time record levels. For full story, click here
On the National Commodity and Derivatives Exchange (NCDEX), gold for the January 30 contract was trading at Rupees 14247. For full story, click here
In India’s commodity bourses, the gold traded above Rupees 14,000-levels. On the Multi Commodity Exchange (MCX), gold for February 05 contract was trading at Rupees 14014 while the August 05 went up to Rs 14160. For full story, click here
Gold recouped some of last week’s late losses in early trading as the dollar weakened, driving bullion nearly 1 percent higher. For full story, click here
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