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Comex Gold News
Gold, Yen scale on US-China trade war tension, Argentine Peso sinks
Tue, Aug 13, 2019
Investors piled into gold, safe-haven yen and bonds on Monday over nagging concerns about a prolonged US-China trade war and global growth, while Argentina`s peso plunged 15 per cent.
Gold price rallies on US Fed rate cut hopes
Thu, Jul 11, 2019
Gold futures rose significantly on Wednesday as US Federal Reserve Chairman Jerome Powell`s testimony boosted hopes for interest-rate cuts.
Gold price vs dollar: Weak USD, geopolitical tension may make the yellow metal shine bright
Tue, Jun 25, 2019
According to the commodity market experts, Gold prices have strong support at around $1360-65 per ounce while its target by the end of 2019 is $1440 per ounce.
Gold prices scale six-year high, experts expect further shine in the yellow metal
Fri, Jun 21, 2019
The Gold prices are expected to touch $1432 per ounce in the global commodity markets by the end of 2019 from the current $1391 per ounce levels. In MCX perspective, the prices are expected to touch Rs 3,700 in the same period.
Gold Price Outlook: Yellow metal to touch $1,320 per ounce by July end, say COMEX experts
Fri, May 17, 2019
COMEX Gold outlook shows some bullishness caused by the rise in demand for gold and escalating geopolitical tension between US-Iran and US-China, say commodity experts.
Gold futures to touch $1250/ounce, say WTI Commodity experts
Fri, May 03, 2019
Gold prices at the global commodity market is expected to go down by around $25 per ounce by June end, say commodity market experts. At MCX, gold may touch Rs 30,000.
Commodity market alert: Gold prices may rise on Brexit deal failure
Wed, Jan 16, 2019
After Brexit deal failure gold will get traction in coming days and will possibly break $1300 in international markets, weakness in rupee could additionally support gold prices in domestic markets. Gold is having support at $1284-1278 and resistance at $1294-1300.
Gold dips as dollar firms on US rate hike views
Mon, Jan 08, 2018
Gold prices inched down on Monday after the dollar firmed on expectations of further U.S. interest rate hikes this year. Spot gold was down 0.1 percent at $1,317.60 an ounce at 0711 GMT. Last week, the metal touched its highest since Sept. 15 at $1,325.86.
Gold edges up on Europe political risk, but US rate outlook drags
Mon, Mar 13, 2017
Gold prices inched up on Monday on safe-haven demand ahead of elections in Europe, moving further away from 5-week lows touched late last week in expectation of an imminent rise in U.S. interest rates.
Gold edges up on short covering as Deutsche Bank concerns ease
Mon, Oct 03, 2016
Gold rose slightly early on Monday on short covering after a volatile session on Friday as concerns about Deutsche Bank's health eased. Fundamentals * Spot gold edged up 0.3% to $1,319.40 an ounce by 0151 GMT.