Tag: gold news

27
Nov

most important economic events for this week 27 November – 1 December

Posted ByMohammad Abdelkhalik Category Daily FX News 7Comments

Investors pay attention to the monthly data of The China’s transformative industries sector, which will be an indicator on the leverage of the world’s second-largest economy. It is worth mentioning that the Energy markets will pay attention to the long-awaited OPEC’s formal meeting in order to know the decisions which …

Read More

24
Nov

Gold prices have been stable for today driven by the fall of the USD

Posted ByMohammad Abdelkhalik Category Daily FX News 10Comments

Gold prices have been stable for today; Friday, at the European market within a limited range of trading close to the high over one week, driven by the fall of the US dollar against a basket of global currencies. It is expected that upon overtaking this level, prices will achieve …

Read More

21
Nov

Gold prices are rising and attention is on Yenin’s comments

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices rose, in the European Markets on Tuesday, to be steady above the lowest recorded level over a week, at earlier time in yesterday’s trading, during which gold prices incurred the biggest daily loss in five months driven by the rise of the US dollar and the US bond …

Read More

16
Nov

Gold prices fell slightly at European market as US dollar stopped falling

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices fell slightly at European market on Thursday, in the continuance of the downward correction for the second day in a row from the highest level in four weeks, as the US dollar stopped falling against a basket of world currencies. Gold prices fell 0.1% to 09:35 GMT to …

Read More

14
Nov

Gold prices have largely declined hitting its lowest level over one week

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices have largely declined at European market on Tuesday, hitting its lowest level over one week, pressured by the increase of short-term and long-term US bond yields, which are backed by strong prospects of raising US interest rates at the middle of the coming month. Gold prices fell 0.4% …

Read More

7
Nov

Gold prices continues its losses during today trading

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices retreated on Tuesday at the European market in continuance of losses which were temporarily halted yesterday; this fall comes along with drop in most US dollar-denominated metals, in concurrence with the weak investment demand for the metal as a safe haven amid strong gains in global equity markets. …

Read More

2
Nov

Gold futures fluctuated within a relatively narrow range during today’s US session

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold futures fluctuated within a relatively narrow range during today’s US session following the decline of the US Dollar Index after US released important economic data and looking forward to the announcement of the US President Donald Trump to reveal his candidate to head the Federal Reserve. At 02:56 p.m. …

Read More

2
Aug

Gold prices are falling from a seven week high ahead of US labor market data

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices fell on the European market on Wednesday to continue the downward correction from the highest level in seven weeks, as investors began to take profits, ahead of the release of new data on the US labor market, which is expected to provide new evidence on the opportunities to …

Read More

28
Jul

Gold prices remain stable in anticipation of US economic growth data

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices settled in the European market on Friday in a limited range of trading as investors awaited US economic growth data for the second quarter of 2017, which could revive the prospect of accelerating US monetary tightening this year. Gold prices are trading at $ 1299.60 an ounce …

Read More

26
Jul

Gold continues to decline as the USD recovers ahead of Fed decisions

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices fell on the European market on Wednesday, continuing to retreat for a second day in a correction from the highest level in five weeks, and the recovery of levels of the USD against a basket of global currencies, this comes ahead of the decisions and the statement of …

Read More