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Gold trading outlook: futures surge to new 4-week highs in cautious trade

June 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 more

Gold trading outlook: futures rebound ahead of US employment numbers

June 3, 2016 8:48 am
On Thursday gold for delivery in August traded within the range of $1,209.00-$1,217.00. Futures closed at $1,210.15, edging down 0.14% compared to Wednesday’s close. It has been the 46th gain in the past 87 trading days and also a second consecutive one. The commodity has dipped 0.05% so far during the current month, following a […] Read more