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Comex Gold Futures Consolidate Ahead Of Data
Gold futures are slightly higher in consolidation. The metal is staging an inside day – where the high and low are within the previous session’s trading range – and there hasn’t been follow-though selling from last week, notes...
Comex Gold, Silver Still Correcting Lower
Gold futures continued to correct lower Friday, initially falling as the euro slid but then staying on the defensive even when the dollar gave up its early gains. December gold fell $7.30 to $991.60 an ounce on the Comex division of the New York Mercantile...
Comex Gold Falters On Profit-Booking, Dollar
Gold futures declined as participants booked profits amid the metal’s recent strong performance, but the commodity still managed to close above $1,000 an ounce. December gold fell $6.70 to settle at $1,013.50 an ounce on the Comex division of the...
Comex Gold Futures Rise On Dollar Weakness
NEW YORK–Gold futures settled above $1,000 for the third consecutive trading session Tuesday, boosted by a weakening U.S. dollar and growing optimistic price sentiment as the metal continues holding around the psychologically important benchmark. December...
Comex Gold Futures Falter On Profit-Taking
Gold futures remain lower as participants book profits from this week’s strong gains. “It is the pause that refreshes,” says Bill O’Neill, a principal with LOGIC Advisors. With the U.S. employment report mixed and not a lot of...
Comex Gold Futures Falter With Oil, Equities
NEW YORK–Gold futures sank Monday as weaker equities damped inflation expectations and crude oil faltered, but the metal recovered some losses as the U.S. dollar weakened. December gold fell $5.30 to settle at $953.50 an ounce on the Comex division...
Comex Gold Gains But Remains In RangeBy Matt Whittaker
NEW YORK–Gold futures notched solid gains Friday, but the metal remains rangebound and could be vulnerable to a correction as bullish sentiment ebbs. December gold rose $11.50, or more than 1.2%, to settle at $958.80 an ounce on the Comex division...
Gold Gains Ground On Higher Crude
NEW YORK–Gold futures settled higher Wednesday on stronger crude prices, a weaker U.S. dollar and speculative buying. December gold rose $5.60 to settle at $944.80 an ounce on the Comex division of the New York Mercantile Exchange. “There’s...
Gold Futures Rise Slightly In Consolidation
NEW YORK–Gold futures gained marginally in a consolidative session Tuesday, helped by a weaker U.S. dollar and rising oil prices. December gold rose $3.40 to settle at $939.20 an ounce on the Comex division of the New York Mercantile Exchange. The...