Articles by Austin Kiddle
Catalysts for Gold Price Beyond the FOMC
The U.S. Comex gold futures climbed 0.24 percent this week after falling 0.32 percent last week. On Wednesday morning in Asia, gold futures inched up slightly to $1,712 from Tuesday’s close of $1,709.60. Year-to-date, gold …
Eyeing the Rapid Development in the Chinese Gold Market
After jumping 3.32 percent last week, the U.S. Comex gold futures traded between $1,717.60 and $1,738 and ended at $1,724.80 on Tuesday, down 0.35 percent from Friday. The S&P 500 index fell a further 0.39 …
Gold Price Surged on Obama’s Re-election; Markets Look to Fiscal Cliff Solution and Greek’s Votes
The U.S. Comex gold futures dropped $40 last Friday and ended at $1,675.20; the last time gold ended below $1,700 was on 5 September. The gold futures rebounded 2.38 percent on Monday and Tuesday and …
Stronger U.S. Data and China Concerns Prompted Short-term Momentum Selling in Gold
After reaching $1,798.10 during Asian open on 5 October, the U.S. Comex gold futures went to a low of $1,729.7 this Monday and ended at $1,746.30 on Tuesday. Gold prices retreated 1.26 percent on Monday, …
Gold Price Retreated on Lower World Growth Projections
Having risen 0.55 percent last week, the U.S. Comex gold futures fell in the past three days by 1.75 percent, ending at $1,765. The gold futures did not trade above $1,800. The S&P 500 index …
