The pair of gold/ USD continued to gain some profits after the last three weeks losses. The Manufacturing Purchasing Managers Index of China, which was weak, Supported gold price. The official PMI data showed that … Continue reading
According to Scotia Bank Daily report 1 - June, 2013, The precious metal starts its early trading at the level of $1199 USD/ Ounce after this it heads down to record $1186 USD/ Ounce after … Continue reading
According to Standard Bank daily report 1 - July, 2013. The report mentioned that, the speculative trading continued its downward movement, losing 33.7 tonnes for the third week after the FOMC announcement. There is a … Continue reading
The pair of gold/ USD starts to rebound after it reached its lowest level at $1180.97 USD/ Ounce during the beginning of the early Asian trading. The level of $1180 USD/ Ounce is the lowest … Continue reading
The Canadian Scotia Bank issued its daily gold market watch and commentary for gold price movements in June 27. The gold opened the trading session at $1,236 and rose to highest level for the day … Continue reading
The South African Standard Bank issued its daily commodities analysis for June 28th. The report focused on oil demand surge. The bank analysts said that gold is testing the $1,200 level. The volume of puts … Continue reading
Scotia bank daily report mentioned that, the precious metal fell sharply after the FOMC comments last week. The precious metal retract to open at $1234.75 USD/ Ounce, the prices continue to rise until it reaches … Continue reading
According to Standard Bank daily report, the precious metal especially gold took a step back during yesterday session because of the strength of the US dollar. Asian market provides some support to Platinum and palladium … Continue reading
The pair of gold / U.S. dollar continued to decline and reached the lowest level since 8.25.2013. The pair traded at low level reached $1221.75 USD/ Ounce before recovering to the level of $1234.25 USD/ … Continue reading
According to standard bank daily report, gold price started to decline after the unexpected data from USA concerned by durable goods orders, consumer confidence and new home sales, the issue which added more pressure on … Continue reading