2015 April

Gold Holds Retreat as Fed Sees Economic Pickup After Slowdown

Gold held a drop from a three-week high after the Federal Reserve said the economy was expected to pick up following a first-quarter slowdown, boosting speculation that interest rates will rise this year. Bullion for immediate delivery traded at $1,204.27 an ounce at 11:31 a.m. in Singapore from $1,204.71 on

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Gold is good investment in the present depressed market

This Akshaya Tritiya even though it was claimed that there was a 15% increase in gold sales the price of 10 gram of gold fell by ` 100 to ` 26,100. And as opposed to buying gold bars and coins, purchases were centered around jewellery. Gold has during the last

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Gold holds below $1,200 due to firmer dollar, equities

Gold remained below the key $1,200 level on Tuesday after overnight losses, as a rally in global equities and a firmer dollar dented the metal’s appeal as a safe haven. Spot gold was little changed at $1,195.80 an ounce at 0319 GMT after losing 0.7 percent on Monday. “Precious markets

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Gold prices up in Asia despite disappointing China trade data

Gold prices rose in Asia on Monday, shrugging off disappointing trade data in China that triggered safe haven buying along with the Bank of Japan March board meeting minutes expressing caution on aggressive monetary easing. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery

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Gold Price Trends and Movements

Trends in the gold price are affected by such factors as monetary policy, supply and demand, and social instability.The gold price is driven by many factors, such as central bank monetary policies, supply and demand, and social upheaval. Though changes in these factors may cause the gold price to fluctuate

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Gold retreats from 7-week top as dollar firms

Gold steadied below a seven-week high on Tuesday as the dollar regained momentum, although uncertainty about the timing of a U.S. interest rate hike kept bullion above $1,200 an ounce. Friday's bleak U.S. non-farm payrolls data fuelled expectations that the Federal Reserve could delay an anticipated rate increase this year,

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