Monthly Archives: November 2015

Gold Extended Losses Near 6-Year Lows Ahead of Busy Week

Gold prices extended losses on Monday, dropping towards its lowest level in nearly six years as a broadly stronger U.S. dollar combined with growing confidence the US interest rate hike this year. Gold for February delivery on the Comex dipped

Posted in Commodity, MCX, Stocks Market

Gold Futures at Near 6-Year Low on Stronger US Dollar

Prices of gold futures dropped lowest in nearly six years in the European morning hours on Friday as growing the expectations of a rate hike in the United States next month continued its support to the demand for the USD

Posted in Commodity, MCX, Stocks Market

Gold Prices Recovers As Geopolitical Concerns Mount

After falling for two straight days amid a strong US dollar and hawkish comments from Fed officials, on Tuesday gold rallied as geopolitical concerns mounted after Turkey shoot down a Russian jet fighter. Gold for December delivery on the Comex,

Posted in Commodity, MCX, Stocks Market

Gold Struggle Near 6-Year Low on Strong Dollar, US Rate Hike View

US gold futures battled near six-year lows on Monday, which reached last week with a strong US dollar and hawkish comments from Fed officials about a possible rate hike in the United States next month. Gold for December delivery on

Posted in Commodity, MCX, Stocks Market

Gold Prices Regain Ground But Upside Limited From Near Six-Year Lows

Gold rallied on Friday, but prices remained a short distance from a five and a half year low, since the expectations that the Fed will take its time about interest rates triggered a wave of short covering. On the Comex,

Posted in Commodity, MCX, Stocks Market

Gold Hits Lowest Since 2010, After Mixed U.S. Housing Data

The prices of gold dropped to their lowest level in nearly five and a half year on Wednesday, after data demonstrated that the number of housing starts in the US issued dropped in October, while construction permits rose longer than

Posted in Commodity, MCX, Stocks Market

Gold Rallies Over $10, Boost Safe-Haven Demand After Paris Attacks

The prices of gold rose sharply in nervous trade on Monday, as markets reopened after a series of suicide attacks and gunfire in Paris on Friday night that left over 130 dead and the French large-scale air raids in Syria.

Posted in Commodity, MCX, Stocks Market
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