I believe that there is more easing coming from the US Federal Reserve soon, and plus Gold's ability to bounce off of chart support at the recent lows, may be the fact that causes the precious Yellow metal to rise over the next week or so. Gold rose during last week. The most-active Jun contract settled after the US pit session Friday at 1,660.20, a gain of 30.10, or 1.
Gold ETFs are threatening to slip into negative territory for 2012 as the precious metal’s price falls below a key long-term trend line. SPDR Gold Shares (GLD - News) was down 0.3% Friday morning with ...
(IBTimes) - Asia looks at Gold, Silver and Crude Oil Trade Gold futures prices sold off Tuesday, falling to a 4-month low at 1,595.50, basis the Jun contract. The Gold price fell
By Jim Wyckoff Of Kitco News Comex gold futures prices on Tuesday sold off sharply and slumped to a fresh four-month low of $1,595.50 an ounce, basis the June contract. The market dropped below what was strong technical support at the April low of $1,613.00, and below psychological support at $1,600.00. A rallying U.S. dollar ...
We’ve thoroughly discussed the unhelpful practice of pricing assets in dollars. It’s a yardstick that changes length on a daily basis. And over any significant period of time, the price movement of gold, ...
This brief commentary summarises gold's price performance in various currencies, its volatility statistics and correlation to other assets in the quarter. It provides context to the investment statistics files published at the end of each quarter.
Gold ETFs are threatening to slip into negative territory for 2012 as the precious metal’s price falls below a key long-term trend line. SPDR Gold Shares (GLD - News) was down 0.8% Friday afternoon ...
By Jim Wyckoff Of Kitco News Comex gold futures prices ended moderately lower Friday, closing out the trading week by hitting another fresh 4.5-month low and producing a technically bearish weekly low close. Most markets were under selling pressure Friday following the surprise news that market-place-heavyweight JP Morgan suffered a massive trading loss. The key ...