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Gold trading outlook: futures trade little changed ahead of US CPI report

April 14, 2016 9:22 am
On Wednesday gold for delivery in June traded within the range of $1,241.50-$1,258.60. Futures closed at $1,242.90, plummeting 1.08% on a daily basis. It has been the 25th drop in the past 51 trading days, a second consecutive one and also the steepest one since March 23rd, when the commodity went down 1.96%. The daily […] Read more

Gold trading outlook: futures edge lower on recovering US dollar

April 8, 2016 8:05 am
On Thursday gold for delivery in June traded within the range of $1,224.60-$1,242.90. Futures closed at $1,236.20, going up 1.12% on a daily basis. It has been the 24th gain in the past 47 trading days and also the sharpest one since March 29th, when the yellow metal added 1.29% to its value. In addition, […] Read more