Dec 09, 2014 at 11:08 | Source: Moneycontrol.com
Gold and silver prices are expected to trade sideways as optimism in the US economy could draw the Federal Reserve to raise interest rates sooner than expected while weak economic data from China and Japan raises the safe haven appeal for the yellow metal, says Angel Commodities.
Dec 09, 2014 at 07:00 | Source: Reuters
Gold jumped more than 1 percent on Monday on a brief surge of late-day technical buying as it breached the $1,200-per-ounce level long after the U.S. dollar dropped from a more than five-year high
Nov 27, 2014 at 13:12 | Source: Reuters
A weaker dollar after lacklustre US data, however, checked losses in gold which is seen as a safe-haven asset.
Nov 26, 2014 at 11:19 | Source: Moneycontrol.com
According to Angel Commodities, gold and silver prices are expected to trade sideways aspoor consumer confidence data from the US increases the safe haven appeal for the asset while growth in the US economy as reported by the GDP data will exert downside pressure.
Nov 04, 2014 at 10:40 | Source: Reuters
Bullion broke below a key technical level of around USD 1,180 an ounce on Friday after the Bank of Japan expanded its stimulus programme in a surprise move, lending strength to the dollar.
Oct 27, 2014 at 09:19 | Source: Reuters
Gold's outlook this week will depend on a Federal Reserve policy meeting, when the U.S. central bank is widely expected to end its bond-buying stimulus, OCBC Bank analyst Barnabas Gan said.
Oct 22, 2014 at 09:06 | Source: Reuters
Worries over the fate of the global economy heightened this week after China said third-quarter growth was the slowest since 2009, lifting appetite for safe-haven assets such as gold.
Oct 21, 2014 at 19:34 | Source: Moneycontrol.com
Falling ETF gold holdings in the international markets along with the reducing safe-haven appeal of the yellow metal have led to investors becoming cautious towards the commodity. The precious metal is no more precious, says Angel Commodities.
Oct 21, 2014 at 08:04 | Source: Reuters
Gold jumped to a one-month high of USD 1,249.30 last week as fears over a slowdown in the global economy sent investors chasing after safe-haven assets.
Oct 15, 2014 at 09:43 | Source: Reuters
Gold eased for a second session on Wednesday as the dollar rebounded modestly from sharp losses but the safe-haven metal still held close to four-week highs on lingering worries over the global economy.