The pair of Gold/US Dollar recorded some rise by the end of the trading session yesterday, affected by the mixed data of FED which showed that, it will not stop the asset purchases in the … Continue reading
According to standard bank daily report. After yesterday’s rally, precious metals are looking heavy. Gold is sitting on support at $1,330. Should physical demand continue to ease following the rally in gold yesterday from $1,295 … Continue reading
The pair of gold/ US Dollar formed a new rise channel yesterday succeeded to pass the level of $1300 USD/ Ounce, which was the top price during the last the deliberative seven days. Bad numbers … Continue reading
According to Scotia Bank daily report, gold price started the trading session last friday at $1290 USD/ Ounce of gold then touched the level of $1288 to record at the end of the week $1293 … Continue reading
Standard daily bank 22 - July, 2013. Gold speculative positions on COMEX increased by 42.7 MT for the week ending 16 June. Speculative length as a percentage of open interest increased from 3.4% (a five-year low) … Continue reading
The pair of gold/ US dollar made a lot of improvement in the last week by 0.78% on the testimony given by Fed Chairman “Ben Bernanke” in front of Congress, who said that there is … Continue reading
Gold took a stab at the $1,30o USD/ Ounce level earlier today, although it encountered strong resistance on approach of this level and has since sunk back lower. As we highlighted earlier this week (see Commodities … Continue reading
The pair of gold/ US Dollar closed at a level higher than the opening, but remained within the deliberative range for the past four days. Gold prices made some progress against the dollar despite a … Continue reading
on gold remains unchanged—we expect $1,300 USD/ Ounce to continue to provide strong resistance. Besides this level providing psychological resistance, recent trends indicate that physical demand from China eases above $1,300 USD/ Ounce (see our … Continue reading
According to Scotia Bank daily report, it was a fluctuate day for gold price in which it started the trading session $ 1285.50 USD/ Ounce, especially after after Ben Bernanke testimony and his mention that, … Continue reading