June 27, 2016 9:40 am
On Friday gold for delivery in August traded within the range of $1,252.95-$1,362.45. Futures closed at $1,322.40, soaring 4.85% compared to Thursday’s close. It has been the 130th gain in the past 280 trading days and also the sharpest one since September 19th 2013. In weekly terms, the yellow metal added 2.13% to its value […]
Read moreJune 24, 2016 9:22 am
On Thursday gold for delivery in August traded within the range of $1,260.00-$1,274.50. Futures closed at $1,263.10, edging down 0.54% compared to Wednesday’s close. It has been the 150th drop in the past 279 trading days and also a fifth consecutive one. The commodity has extended its advance to 8.17% so far during the current […]
Read moreJune 23, 2016 8:32 am
On Wednesday gold for delivery in August traded within the range of $1,263.50-$1,273.40. Futures closed at $1,265.35, edging down 0.41% compared to Tuesday’s close. It has been the 149th drop in the past 278 trading days and also a fourth consecutive one. The daily low has been the lowest price level since June 9th, when […]
Read moreJune 22, 2016 8:48 am
On Tuesday gold for delivery in August traded within the range of $1,266.30-$1,293.90. Futures closed at $1,271.75, plummeting 1.41% compared to Monday’s close. It has been the 148th drop in the past 277 trading days, a third consecutive one and also the steepest one since May 24th, when the yellow metal fell 1.77%. The daily […]
Read moreJune 21, 2016 8:09 am
On Monday gold for delivery in August traded within the range of $1,280.50-$1,294.15. Futures closed at $1,290.95, edging down 0.12% compared to Friday’s close. It has been the 147th drop in the past 276 trading days and also a second consecutive one. The daily low has been an almost exact test of the low from […]
Read moreJune 20, 2016 9:50 am
On Friday gold for delivery in August traded within the range of $1,280.30-$1,300.10. Futures closed at $1,292.50, edging down 0.28% compared to Thursday’s close. It has been the 44th drop in the past 98 trading days. In weekly terms, the precious metal added 1.50% to its value during the past week. It has been the […]
Read moreJune 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 […]
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