Gold Futures Fell to their Lowest in Four Months - May 15, 2012 23:36

Gold futures declined on Monday and touched their lowest in four months as the Greenback further strengthened in reaction to political and economic crisis in the euro zone. Investors were uncertain over the future outlook of Greece’s political scenario as fresh elections in the country are also doubtful. Analysts also foresee a messy breakup of […]

Gold Gains on Weaker US Jobs Data - May 4, 2012 23:45

Gold futures ended higher on Friday as the latest weekly US jobs data disappointed investors. The gold futures contract gained 0.6 percent or $10.40 to settle at $1,645.20 per ounce on the Comex division of the New York Mercantile Exchange. Gold has gained 1.2 percent for the week. The precious metal remained volatile the whole […]

Gold Declines after ISM’s Manufacturing Data - May 2, 2012 23:51

Gold futures ended lower on Tuesday in reaction to the better than expected US manufacturing data for the month of April. Gold remained volatile the whole session and actually was in positive zone before the release of ISM’s index. Gold futures contract for June delivery fell 0.1 percent or $1.80 to settle at $1,662.40 per […]

Gold Futures Ended Lower for the Month - May 1, 2012 23:53

Gold futures remained lower on Monday and also posted loss for the month. The gold futures contract for June delivery slightly fell by 0.1 percent or $0.60 to settle at $1,664.20 per ounce on the Comex division of the New York Mercantile Exchange. For the month the precious metal was down by 0.5 percent. Gold […]

Gold Futures Jump on Weaker Greenback - April 27, 2012 23:49

Gold futures rallied on Thursday and reached their highest in last two weeks in reaction to weakening greenback and decision of US Federal Reserve to keep the interest rates unchanged. Gold futures contract for June delivery jumped 1.1 percent or $18.20 to settle at $1,660.50 per ounce on the Comex division of the New York […]

Gold Declines on Euro Zone Concerns - April 24, 2012 23:59

Gold futures ended lower on Monday as the political and economic situation in euro zone raised many questions among the investors. Gold futures contract for June delivery plunged 0.6 percent or $10.20 to settle at $1,632.20 per ounce on the Comex division of the New York Mercantile Exchange. Investors were concerned ahead of the French […]

Gold Futures Fell on Better US Economic Data - April 17, 2012 23:56

Gold futures fell on Monday as the US dollar strengthened in reaction better than expected US economic data.  Data on US retail sales came upbeat reporting a surprise increase of 0.8 percent for the third consecutive month. Investors were also attracted towards the safe haven status of the precious metal due to debt crisis in […]

Gold Futures Gain on Expectations of QE3 - April 13, 2012 23:49

Gold futures gained on Thursday in reaction to weaker greenback rumors of another round of quantitative easing surfaced. US Federal Reserve officials, William Dudley and Janet Yellen disclosed that the central bank will keep the option of further quantitative easing open. Now the gold investors were investing on the hopes that more quantitative easing will […]

Gold Futures Decline on Profit Taking - April 12, 2012 22:50

Gold futures fell on Wednesday as the investors went for profit taking after three consecutive bullish sessions at Comex. The precious metal remained volatile in the whole session and closed lower as it was looking for direction in search of news headlines. Gold futures contract for June delivery declined $0.40 to settle at $1,660.30 per […]