Monthly Archives: April 2017

Gold Prices Lower 2-Week Ahead of Trump’s Tax Plan Announcement

Gold futures fell in trading on Wednesday, ahead of an expected tax reform from US President Donald Trump’s administration later in the day. Comex gold futures shed $3.70, or around 0.3%, to $1,263.40 a troy ounce, after falling to $1,262.30,

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Firms as French Election Looms

Gold futures prices were little changed on Thursday, as investors stayed cautious amid the first round of the French presidential election over the weekend. Comex gold futures shed $2.40, or around 0.2%, to $1,281.50 a troy ounce. Meanwhile, spot gold

Posted in Commodity, MCX, Stocks Market

Gold Prices Under Pressure as Safe Haven Demand Eases

Gold futures prices edged lower in early trade on Wednesday, as demand for safe-haven assets eased amid a recovery in US dollar and global equities. Comex gold futures shed $9.60, or around 0.8%, to $1,284.50 a troy ounce. Meanwhile, spot

Posted in Commodity, MCX, Stocks Market

Gold Pares Back Gains as Dollar Regains Ground on Geopolitical Tensions

Gold futures prices retraced gains on Thursday, retreating from 5-month highs as the dollar recovered from an overnight selloff after U.S. President Donald Trump said the currency was too strong, besides rising tensions over US relations with Russia and North

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Near 5-Month Highs in Risk-Off Trade

Gold futures prices were trading near their highest level in 5-months on Wednesday, , extending its nearly 2% gains from the previous session as concerns about geopolitical tensions supported the safe demand for the precious metal. Gold for June delivery

Posted in Commodity, MCX, Stocks Market

Gold Edges up on Geopolitical Tension, Takes Yellen in Stride

Gold futures prices gained on Tuesday as rising political tension over North Korea and Syria supported demand for the yellow metal. On the Comex division of the New York gold for June delivery gained 0.39% to $1.258.85 a troy ounce.

Posted in Commodity, MCX, Stocks Market
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