Tag: gold prices

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

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

10
Nov

Gold prices fell based on the dollar’s decline against a basket of global currencies

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices fell slightly at European market on Friday, by virtue of correction and profit taking processes, following recording the highest level over three weeks yesterday. Prices are heading for achieving the first weekly gain in a month, based on the dollar’s decline against a basket of global currencies. …

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

6
Nov

Most important news on economic calendar 6 to 10 November

Posted ByMohammad Abdelkhalik Category Daily FX News

The dollar reversed losses in Friday’s trading after the release of US factory orders and service sector data that made investors shrug off the jobs report, which was weaker than expected for October. The US dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, …

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

27
Sep

Gold prices has backed down to record the lowest level in five weeks

Posted ByMohammad Abdelkhalik Category Daily FX News

On Wednesday the gold prices has backed down in the Europe market to continue its losses for the second day respectively, recorded the lowest level in five weeks, in a pressure of continuing the USD increasing against the international currencies, and increasing the probability of increasing interest prices by the …

Read More

19
Sep

Gold prices stables at lowest level in three weeks before FED meeting

Posted ByMohammad Abdelkhalik Category Daily FX News

On Tuesday the gold prices have stables at the Europe market in a limited range of trading near the lowest level in three weeks, and the investors have kept away from building a new centers, before the federal reserve meeting get started, and the expectation is to submit a new …

Read More

12
Sep

Gold prices has backed down recording the lowest level in two weeks

Posted ByMohammad Abdelkhalik Category Daily FX News

On Tuesday Gold prices has backed down in the European market, extending its losses for the third day in a row, recording the lowest level in two weeks, as investment demand for the metal fell as a safe haven, within increasing risks in the financial markets will increase, the worries …

Read More