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Gold futures steadies ahead of U.S. GDP report, investors cut holdings amid Fed rates

Comex gold futures were steady in European morning hours on Friday, as investors awaited the release of US first Q4 economic growth data later in the day, investors scaled back holdings in bullion-backed funds to a minimum of four months amid speculation US interest rates will rise this year. 220 more words


Gold trades higher after jobless claims hit 5-week peak, US rate outlook

Prices of gold futures quoted higher on Thursday, recovering from a 2-week low as jobless claim in the U.S. last week rose to a 5-week peak and the prospects of higher US interest rates dented the demand for the metal. 221 more words


Gold futures trades near 2-week low as dollar turns higher, support U.S. data

Prices of gold futures reached a fresh 2-week high on Wednesday asĀ  better than expected US data support the greenback strengthened after earlier losses amidst growing expectations of higher interest rates in the US this year. 267 more words


Online strategies of Commodity Market

People usually think what will be the better choice whether to store the money in the form of cash or investing in commodities? The answer from most of the viewers is the same, that is to make the investment in the commodities. 307 more words

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Gold futures slips towards $1200, Fed rate hike in focus

Prices of gold futures fell, extending the biggest weekly loss since April as traders continued to reflect the time of a rate hike by the Fed, helped push the dollar to a maximum of one month. 253 more words



Buy Multi Commodity Exchange of India Ltd at 1100-1110 for a target of 1220 keeping a stoploss of 1080.

Time Horizon: 1month

(Personal views of Author)


Gold futures gain ground on softer dollar amid speculation Fed will hold off raising rates

Prices of gold futures traded higher on Friday in Asia afternoon as demand for the dollar weakened broadly on speculation policymakers in the United States will hold off raising borrowing costs and investors eyed a cool US economic report later in the day. 317 more words