June 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 […]
Read moreJune 14, 2016 8:23 am
On Monday gold for delivery in August traded within the range of $1,273.00-$1,287.30. Futures closed at $1,285.50, rising 0.94% compared to Friday’s close. It has been the 51st gain in the past 94 trading days and also a fourth consecutive one. The daily high has been the highest price level since May 16th, when a […]
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