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Gold Prices Higher on Weak Dollar, Risk Aversion

Gold futures rose on Friday as the dollar softened and spurred by renewed investor demand for safe havens after geopolitical tension re-emerged while a fed official downplayed expectations. Gold futures for August delivery on the Comex Exchange rose by $7.89

Posted in Commodity, MCX, Stocks Market

Gold Futures Edges up from Five-Week Lows as Dollar Eases; Equities Fall

Gold futures prices traded above parity on Wednesday after hitting a five-week low in the previous session as the dollar faded despite data indicating that existing home sales in the US unexpectedly rose in May, the growing outlook for interest

Posted in Commodity, MCX, Stocks Market

Gold Prices Declines to Lowest in 3 Weeks after U.S. Economic Data

Gold futures prices fell to a three-week low on Thursday, causing overnight losses following the release of optimistic US economic data and investors continued to digest the Federal Reserve’s tough message. Comex gold futures were at $1,255.37 a troy ounce,

Posted in Commodity, MCX, Stocks Market

Gold Prices Drops to 7-Day Amid Fed Meeting Kicks Off

Gold prices fell to their lowest level in one week in the North American trading on Tuesday, shortly before the expected interest rate by the Fed. Comex gold futures were at $1,265.89 a troy ounce, down $3.00, or around 0.3%,

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Steadies as Dollar Eases from Highs on Profit Booking

Gold futures rose in morning trade on Wednesday, supported by a drop in the dollar, as investors anticipated a wave of potential risk events that would fuel volatility and uncertainty as subdued demand for safe havens. Gold futures for August

Posted in Commodity, MCX, Stocks Market

Gold Hits to More Than 7-Week High Ahead of Key Risk Events, Socks Slip

Gold futures prices rose to the highest level in more than seven weeks on Tuesday as Asian stocks and investors markets sought to get a safe haven before the market prospects move in later this week, including testimony director of

Posted in Commodity, MCX, Stocks Market

Gold Prices Continuous Weaker in Asia, Yuan Eyed as Buying Cue

Gold futures prices fell in Asia on Friday as investors watched the yuan closely after rising to a seven-month high on Thursday on signs that the stronger currency could buy some bullion. Gold futures for June delivery on the Comex

Posted in Commodity, MCX, Stocks Market
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