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Gold trading outlook: futures pare earlier gains, US manufacturing data eyed

August 1, 2016 9:51 am
On Friday (in GMT terms) gold for delivery in December traded within the range of $1,335.0-$1,362.0. Futures closed at $1,357.5, surging 1.22% compared to Thursday’s close. It has been the 144th gain in the past 305 trading days and also a fourth consecutive one. The daily high has been the highest price level since July […] Read more

Gold trading outlook: futures rangebound ahead of FOMC decision on policy

July 27, 2016 9:00 am
On Tuesday (in GMT terms) gold for delivery in December traded within the range of $1,321.30-$1,331.95. Futures closed at $1,328.30, rising 0.68% compared to Monday’s close. It has been the 141st gain in the past 302 trading days. The commodity has pared its advance to 0.58% so far during the current month, after surging 8.53% […] Read more