Gold Jumps on ECB’s Bond Buy Program - September 7, 2012 23:55

Gold futures surged on Thursday and reached their higher level in last six months in reaction to announcement of European Central Bank regarding its bond buy program.

Gold Declines ahead of ECB Meeting - September 6, 2012 23:59

Gold futures fell on Wednesday as investors had mixed opinions before the meeting of European Central Bank on Thursday. Investors are also keenly waiting of US jobs data due on Friday. Gold futures contract for December delivery fell 0.1 percent or $2 to settle at $1,694 per ounce on the Comex division of the New […]

Gold Futures Drops ahead of Bernanke Speech - August 30, 2012 23:57

Gold futures declined on Wednesday mainly in reaction to stronger greenback while investors were also mixed over the decision of central bankers ahead of Bernanke speech. Gold futures contract for December delivery plunged 0.4 percent or %6.70 to settle at $1,663 per ounce on the Comex division of the New York Mercantile Exchange. US Federal […]

Gold Declines on Lower Consumer Sentiment - August 29, 2012 23:57

Gold futures fell on Tuesday in reaction to the negative reading of consumer sentiment which depicts sluggish economic growth. Gold futures contract for December delivery dropped 0.4 percent or $5.90 to settle at $1,669.70 per ounce on the Comex division of the New York mercantile Exchange.

Gold Gains on QE Expectations - August 28, 2012 23:57

Gold futures started the week on positive note as investors are hoping for monetary easing measures by US Federal Reserve after the meeting of central banks. Gold futures contract for December delivery surged 0.2 percent or $2.70 to settle at $1,675.60 per ounce on the Comex division of the New York Mercantile Exchange.

Gold Declines on Bernanke Speech - July 18, 2012 23:52

Gold futures fell on Tuesday as investors remained mixed on Bernanke speech regarding further monetary easing measures. Gold futures contract for August delivery fell 0.1 percent or $2.10 to settle at $1,589.50 per ounce on the Comex division of the New York Mercantile Exchange.

Gold Moves Contrary to Other Metals - July 12, 2012 23:57

Gold futures ended lower on Wednesday while other metals gained as investors were waiting for minutes of Federal Reserve’s latest monetary policy meeting. Gold futures contract for August delivery fell 0.3 percent or $4.10 to settle at $1,575.70 per ounce on the Comex division of the New York Mercantile Exchange.

Gold Rebounds on Attractive Levels - July 10, 2012 23:57

Gold futures recovered on Monday as investors took fresh position in the precious metal due to its highly attractive price levels. Gold futures contract for August delivery gained 0.7 percent or $10.20 to settle at $1,589.10 per ounce on the Comex division of the New York Mercantile Exchange.

Gold Futures Decline as ECB Cuts Interest Rate - July 6, 2012 23:58

Gold futures fell on Thursday in reaction to moves of the ECB and the Bank of England which created worries for global economy.  The European Central Bank announced reduction in the key interest rate while the Bank of England opted for further easing measures. Though the move of European Central Bank was highly anticipated by […]