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Gold trading outlook: futures advance to fresh 1-week highs in quiet trade

July 4, 2016 9:25 am
On Friday gold for delivery in August traded within the range of $1,323.00-$1,346.95. Futures closed at $1,339.00, rising 1.56% compared to Thursday’s close. It has been the 133rd gain in the past 285 trading days and also the steepest one since June 24th, when the metal advanced 4.66%. The daily high has been the highest […] Read more

Gold trading outlook: futures remain supported as Brexit vote effects persist

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 more