Monthly Archives: May 2015

Gold futures steadies ahead of U.S. GDP report, investors cut holdings amid Fed rates

Comex gold futures were steady in European morning hours on Friday, as investors awaited the release of US first Q4 economic growth data later in the day, investors scaled back holdings in bullion-backed funds to a minimum of four months

Posted in Commodity, MCX, Stocks Market

Gold trades higher after jobless claims hit 5-week peak, US rate outlook

Prices of gold futures quoted higher on Thursday, recovering from a 2-week low as jobless claim in the U.S. last week rose to a 5-week peak and the prospects of higher US interest rates dented the demand for the metal.

Posted in Commodity, MCX, Stocks Market

Gold futures trades near 2-week low as dollar turns higher, support U.S. data

Prices of gold futures reached a fresh 2-week high on Wednesday as  better than expected US data support the greenback strengthened after earlier losses amidst growing expectations of higher interest rates in the US this year. On the Comex, gold

Posted in Commodity, MCX, Stocks Market

Gold futures slips towards $1200, Fed rate hike in focus

Prices of gold futures fell, extending the biggest weekly loss since April as traders continued to reflect the time of a rate hike by the Fed, helped push the dollar to a maximum of one month. On the Comex, gold

Posted in Commodity, MCX, Stocks Market

Gold futures gain ground on softer dollar amid speculation Fed will hold off raising rates

Prices of gold futures traded higher on Friday in Asia afternoon as demand for the dollar weakened broadly on speculation policymakers in the United States will hold off raising borrowing costs and investors eyed a cool US economic report later

Posted in Commodity, MCX, Stocks Market

Gold futures steadies above $1,200, U.S. Fed rate hike in focus

Gold futures prices were little changed above $1,200 on Thursday, ahead of investors eyed minutes from the Federal Reserve’s policy meet showed the U.S. central bank was unlikely to hike interest rates in June. On the Comex New York, gold

Posted in Commodity, MCX, Stocks Market

Gold decline for 2nd straight day as dollar extends gains, Fed minutes eyed

Gold futures prices fell for the 2nd session on Wednesday, as a broadly stronger dollar and stock market dampened the appeal of the precious metal. Bullion traders now waiting for the minutes of the Federal Reserve’s last policy meet for

Posted in Commodity
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