Monthly Archives: December 2016

Gold Futures Prices Rose to 2-Week High as US Dollar Declines, Stocks Pull Back

Gold futures prices rose to their highest in two weeks on Thursday amid low-volume holiday trading, as the US dollar fell, but gains were limited on expectations of more rate hikes by the US Federal Reserve next year, boosting the

Posted in Commodity, MCX, Stocks Market

Gold Futures Edges Higher But Remains Near 10-Month Trough on 2017 Rate Hike Views

Gold futures prices edged higher on Friday on a weaker dollar, but the yellow metal was still hovering close to a 10-month trough amid expectations that the U.S. Federal Reserve will opt for more interest rate hikes in 2017. On

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices 11-month Lows After Positive U.S. Data

Futures prices plunged for gold towards its lowest level in 11 months for last week on Thursday, after data showed the US economy grew faster than initial estimates in the third quarter, as recorded its best performance in two years.

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Struggle Near 11-Month Lows As Dollar Stays Near 14-Year High

Gold futures prices have struggled near the lows last week in 11 months on Wednesday, as greenback remained near its highest level in 14 years versus a basket of currencies and access further US interest rate hikes in the next

Posted in Commodity, MCX, Stocks Market

Gold Price Extends Recovery from 10-Month Lows as U.S. Dollar Pulls Back

Price of gold extended recovering from its lowest level in 10 months on Monday trade,  as the U.S. dollar pulled back from recent highs. Spot Gold rose 0.46 per cent to USD 1,139.80 an ounce. Gold for February delivery on

Posted in Commodity, MCX, Stocks Market

Gold Firms Up Ahead of Fed Rate Announcement; Dollar Slips

Gold prices rose on Wednesday on a weaker dollar as investors awaited the outcome of the US Federal Reserve’s latest policy meeting later in the day. Gold was trading at $1,163.05 a troy ounce, up 0.36% and holding above the

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Slips Lower Ahead of US FOMC Meeting

Gold futures prices dropped lower on Tuesday due to subdued demand from jewelers, retailers and industries turned their attention to the results of two-day meeting of the Federal Reserve on Wednesday as a expectations for an interest rate continued to

Posted in Commodity, MCX, Stocks Market
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