Gold Futures Recover on Tuesday after Three Consistent Bearish Trends - June 29, 2011 23:28

Gold futures gained on Tuesday and crossed the level of $1,500 per ounce as investors got optimistic for the base metals due to resolution for Greece’s sovereign debt crisis. Gold futures contract for August delivery gained 0.3 percent or $3.80 to $1,500.20 per ounce on Comex division of New York Mercantile Exchange. The respective contract […]

Gold Futures moved up on Monday Despite Euro Zone Crisis - June 21, 2011 20:59

Gold futures contract gained on Monday despite rising worries over Greece’s debt. However, stronger greenback supported the base metals. Gold futures contract for August delivery gained 0.2 percent or $2.90 to $1,542 per ounce on Comex trading of New York Mercantile Exchange. Silver futures contract for July delivery also followed the gold’s pattern and surged […]

Gold Futures Move in Bullish Rally for Third Consecutive Day - April 7, 2011 23:49

Gold futures remained bullish on Thursday and posted gains for three consecutive days. The gold future contract made its intraday record high in last 31 years.  Uncertainty grew over the sovereign debt problems in Europe, moreover higher inflationary pressures made investors shift their focus towards the safe haven status of Gold. However many experts believe […]