Monthly Archives: August 2017

Gold Still Lower on Stronger Dollar After Strong U.S. Data; Geopolitical Risks Support

Gold futures were still lower on Wednesday, with gains in the dollar pressured amid US economic data that boosted demand for the dollar, but yellow metal prices were supported as demand for safe haven was buoyed by expectations of continued

Posted in Commodity, MCX, Stocks Market

Gold Prices Peaks on North Korea’s Missile Launch Over Japan; Bullish Bets Pile Up

Gold futures prices nearly 11-month highs in early trade on Tuesday, as the dollar pared some of its losses on safe haven buying amid rising tensions between US and North Korea. Gold futures for December delivery on the Comex Exchange

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Remain Supported on Weaker US Dollar

Gold futures prices remained close to Monday’s two-month peak, as disappointing comments by Federal Reserve chairwoman Janet Yellen at the Jackson summit continued to weigh on the dollar. Comex gold futures were up around $5.80 or about 0.45% at $1,303.69

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Holds Onto Gains as Dollar Weakens

US gold futures prices remained higher on Wednesday, as the worsening sense of the US dollar after US President Donald Trump’s comments, investors remained cautious before the Jackson Hole summit this week. Comex gold futures were uo around $4.50, or

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Hits 9-Month High, Buoyed by Geopolitical Worries

Gold futures prices rose to the highest level in nine months on Friday, infiltrated to the $ 1,300 threshold for the first time since Nov 2016 with some investors gravitate towards safe-haven assets on political uncertainty in the United States,

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Trim Losses But Remain Under Pressure on Rising Risk Appetite

Gold futures contributed to a drop in losses on Wednesday, as US housing data boosted demand for the US dollar, but the precious metal remained under pressure amid a general rise in risk appetite. On the Comex Exchange, gold futures

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Set for Biggest Weekly Gain Since April Amid Tensions Beween N.Korea and US

Gold futures prices rise on Friday as geopolitical tensions between the United States and North Korea continued to raise demand for safe haven, while inflation data in July weakened expectations and reduced the possibility of a Fed rate hike this

Posted in Commodity, MCX, Stocks Market
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