Monthly Archives: November 2016

Gold Futures Lower as U.S. Data Points to Fed Rate Hike; OPEC Move

The gold futures prices lower on Tuesday as upbeat economic releases confirmed the US view that the Federal Reserve will raise rates in December, with the markets on edge by the Meeting this week that could see the oil producers

Posted in Commodity, MCX, Stocks Market

Gold Prices May be Oversold as Dollar and US Bond Yields Retreat

Gold futures prices have risen over 1 percent on Monday, but was breaking bull market for the precious metal, as the dollar and long US Treasury yields retreated of recent gains. Spot gold was up 0.7 per cent at $1,191.26

Posted in Commodity, MCX, Stocks Market

Gold Prices Drops 9-1/2 Month Lows as Dollar Rises in Expectation of US Rate Hike

Gold futures prices declined on Thursday after falling to its lowest level since February, with the stronger dollar amid growing expectations on the presence of high rate of the Federal Reserve in December after positive US economic data. Gold for

Posted in Commodity, MCX, Stocks Market

Gold Prices Steady On Dollar Surges; Market Await Fed Minutes

The price of gold stuck to a tight range in Asian trade on Wednesday to their lowest level since February, before the issuance of Fed Meeting Minutes earlier this month on expectations raising interest rates in December. Gold for December

Posted in Commodity, MCX, Stocks Market

Gold Prices Bounces Off 5-1/2-Month Low On Physical Buying; U.S. Rate Hike Hopes

Gold futures prices ticked higher on Monday, but remained near the lowest level since May thanks to physical purchases on down speculation for a Federal Reserve rates and financial stimulus by the President-elect Donald Trump. Gold for December delivery on

Posted in Commodity, MCX, Stocks Market

Gold Prices Hovers at 6-Month Lows as Dollar Extends Surge

Gold futures prices were flying at the lowest level in six months on Friday, as the greenback rose to near the 14-year high on expectations for higher US rates next month and increasing spending infrastructure of the new administration Trump.

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Firm as Dollar Retreats from 14-Year High, Markets Wait for Yellen

US gold futures prices higher on Thursday, which showed a rise in the dollar signs of fatigue after the currency hit its highest level in nearly 14 years versus a basket of currencies, a day before the markets testimony expected

Posted in Commodity, MCX, Stocks Market
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