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Gold trading outlook: futures little changed ahead of FOMC rate decision

October 27, 2015 9:26 am
On Monday gold for delivery in December traded within the range of $1,163.80-$1,170.00. Futures closed at $1,167.00, rising 0.25% on a daily basis, following three consecutive trading days of losses. On Friday the commodity went up as high as $1,178.70 per troy ounce, or the highest price level since October 20th, when a daily high […] Read more

Gold technical trading outlook: futures regain ground after a two-day slump

October 23, 2015 8:48 am
On Thursday gold for delivery in December traded within the range of $1,163.50-$1,168.60. Futures closed at $1,166.60, slipping 0.09% on a daily basis, while extending the loss from Wednesday. The daily low has been the lowest price level since October 13th, when gold went down as low as $1,154.90. On the Comex division of the […] Read more

Gold trading outlook: futures retreat as Fed rate hike uncertainty persists

October 21, 2015 7:48 am
On Tuesday gold for delivery in December traded within the range of $1,168.70-$1,179.10. Futures closed at $1,178.00, rising 0.40% on a daily basis, while marking the first gain in the past three trading days. The daily high has been the highest price level since October 16th, when gold went up as high as $1,184.10. In […] Read more

Gold trading outlook: futures advance after a dovish FOMC Minutes

October 9, 2015 8:55 am
On Thursday gold for delivery in December traded within the range of $1,138.70-$1,146.70. Futures closed at $1,144.70, down 0.37% on a daily basis. It has been the first drop in the past five trading days. On the Comex division of the New York Mercantile Exchange, gold futures for delivery in December were gaining 0.63% for […] Read more