June 17, 2016 2:12 pm
For decades it has been a practice among investors to “pour” a certain amount of their wealth in physical commodities such as precious metals, and more specifically gold. The main reason for one to diversify his/her portfolio of investments, by including gold among other assets in possession, is to minimize risk. The concept of risk […]
Read moreJune 17, 2016 8:45 am
On Thursday gold for delivery in August traded within the range of $1,280.50-$1,316.40. Futures closed at $1,284.50, edging down 0.10% compared to Wednesday’s close. It has been the 44th drop in the past 97 trading days. The daily high has been the highest price level since August 14th 2014, when a high of $1,316.40 was […]
Read moreJune 16, 2016 8:03 am
On Wednesday gold for delivery in August traded within the range of $1,278.80-$1,297.35. Futures closed at $1,296.75, surging 0.87% compared to Tuesday’s close. It has been the 53rd gain in the past 96 trading days, a sixth consecutive one and also the steepest one since June 8th. The daily high has been the highest price […]
Read moreJune 15, 2016 8:19 am
On Tuesday gold for delivery in August traded within the range of $1,277.80-$1,289.70. Futures closed at $1,287.50, edging up 0.24% compared to Monday’s close. It has been the 52nd gain in the past 95 trading days and also a fifth consecutive one. The daily high has been the highest price level since May 6th, when […]
Read moreJune 14, 2016 8:23 am
On Monday gold for delivery in August traded within the range of $1,273.00-$1,287.30. Futures closed at $1,285.50, rising 0.94% compared to Friday’s close. It has been the 51st gain in the past 94 trading days and also a fourth consecutive one. The daily high has been the highest price level since May 16th, when a […]
Read moreJune 13, 2016 9:32 am
On Friday gold for delivery in August traded within the range of $1,265.30-$1,278.00. Futures closed at $1,273.40, edging up 0.25% compared to Thursday’s close. It has been the 50th gain in the past 93 trading days and also a third consecutive one. The daily high has been the highest price level since May 17th, when […]
Read moreJune 10, 2016 8:35 am
On Thursday gold for delivery in August traded within the range of $1,258.10-$1,272.30. Futures closed at $1,268.00, surging 0.65% compared to Wednesday’s close. It has been the 49th gain in the past 92 trading days and also a second consecutive one. The daily high has been the highest price level since May 18th, when a […]
Read moreJune 9, 2016 8:24 am
On Wednesday gold for delivery in August traded within the range of $1,247.30-$1,268.95. Futures closed at $1,267.55, surging 1.85% compared to Tuesday’s close. It has been the 48th gain in the past 91 trading days and also the steepest one since June 3rd, when the precious metal advanced 2.50%. The daily high has been the […]
Read moreJune 8, 2016 8:10 am
On Tuesday gold for delivery in August traded within the range of $1,237.00-$1,249.05. Futures closed at $1,246.45, inching down 0.07% compared to Monday’s close. It has been the 43rd drop in the past 90 trading days. The commodity has added 3.33% to its value so far during the current month, following a 5.77% slump in […]
Read moreJune 7, 2016 8:36 am
On Monday gold for delivery in August traded within the range of $1,240.00-$1,248.55. Futures closed at $1,247.35, going up 0.59% compared to Friday’s close. It has been the 47th gain in the past 89 trading days and also a second consecutive one. The commodity has added 2.49% to its value so far during the current […]
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