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Gold trading outlook: futures advance as Paris terror bolsters safe haven bids

November 16, 2015 10:44 am
On Friday gold for delivery in December traded within the range of $1,081.30-$1,085.90. Futures closed at $1,080.80, unchanged on a daily basis, following two successive trading days of losses. The daily low has been the lowest level since August 4th, when the yellow metal went down as low as $1,080.50. In weekly terms, gold futures […] Read more

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