Monthly Archives: October 2016

Gold Extends Gains Amid U.S. Durables Goods Data; Lower Demand Of Dhanteras

Prices of US gold futures extended their gains overnight on Thursday after data showed that orders for capital goods manufactured in the United States declined unexpectedly in September. In addition to the auspicious Dhanteras as buyers put off buying activity

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Touch 3-Week Highs On Strong Festive Demand In India

Prices of US gold futures remained firm on Wednesday on a three-week high as the strongest precious metals for physical demands, ahead of the end of October the festival season in India, offset in US dollars withdrew nine-month peak hit

Posted in Commodity, MCX, Stocks Market

Gold Prices Rises Despite Strong Dollar, Fed Rate Hike Speculation Weighs

Prices of US gold futures ended higher on Tuesday, boosted by healthy demand, as market participants looked forward to more US financial data for clues on the likelihood of a rate hike in December. Gold for December delivery on the

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Hit 2-Week High After ECB Meeting

Prices of US gold futures traded close to highs of two weeks on Thursday after the ECB indicated to wait until December to discuss reducing its program of asset purchases, or an overall rising trend and robust demand in the

Posted in Commodity, MCX, Stocks Market

Gold Futures Extends Gains After U.S. Data; Possible US Rate Hike In Focus

US gold futures prices increased for the second straight day on Tuesday as disappointing US inflation data was seen as easing the pressure supported by a weaker dollar amid uncertainty as to when the Federal Reserve will upload the US

Posted in Commodity

Gold Futures Prices Little Changed, Possible US Rate Hike In Focus

Prices of gold futures were largely unchanged on Monday due to US dollar generally stronger after positive US economic data last week seem to pose the possibility of a rise in interest rates later this year. On the Comex division

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Slip On Global Cues, Eyes on U.S. Data

Prices of US gold futures remained stable on Friday, as one US dollar higher, and investors have remained cautious ahead of the US retail sales and consumer confidence data and an address by the Federal Reserve President Janet Yellen, due

Posted in Commodity, MCX, Stocks Market
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