Monthly Archives: September 2015

Gold Futures Down 2-Week Lower As Upbeat ADP Jobs Report

Prices of gold futures extended losses to hit a minimum of two weeks on Wednesday after data showing that private nonfarm payrolls rose more than expected in September, increasing optimism about the economic health and support case for a rise

Posted in Commodity, MCX, Stocks Market

Gold Futures Stays Lower As Upbeat U.S. Consumer Confidence Data

Prices of gold futures remained lower on Tuesday after data showed consumer confidence improved unexpectedly in September, increasing optimism about the economic health and supporting the case for a rate hike this year. Gold for December delivery on the Comex

Posted in Commodity, MCX, Stocks Market

Gold Futures Drop Amid Weak Global Cues; U.S. Rate Hike Talk

Prices of gold futures fell on Monday because expectations of a rise in US rates in the near future continues to weigh on the bullion and as traders eyed speeches by several Fed officials scheduled later in the day. On

Posted in Commodity, MCX, Stocks Market

Gold Rises to 4-Week High After U.S. Data, Yellen Speech Ahead

US gold futures pushed above 4 weeks after a report that showed orders for business equipment in the US has stagnated, fueling speculation that the Fed hold off on raising rates interest until next year. On the Comex in New

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Edge Higher on Weak China PMI

The prices of gold rose in European hours of Wednesday morning, as the stronger US dollar continued to weigh on the yellow metal, but disappointing Chinese manufacturing data increased safe haven demand. On the Comex, gold futures for December delivery

Posted in Commodity, MCX, Stocks Market

Gold Futures Struggling for Direction Amid Rising Fed Rate Outlook

US gold futures struggled for the direction in submitted on Tuesday since the expectations of a rate increase by the Federal Reserve later this year weighed. On the Comex Gold for December delivery inched up $1.40, or 0.12%, to trade

Posted in Commodity, MCX, Stocks Market

Gold Prices Retreats From 3-Week High as Dollar, Equities Rebounded

Gold futures prices retreated from the highest level in nearly 3-week on Monday as the U.S. dollar and global equity marketplaces rebounded from a brutal selloff in the prior session by the Fed’s comments last week to keep US interest

Posted in Commodity, MCX, Stocks Market
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