by Brian Schad | Apr 1, 2015 | Gold Futures, Precious Metals Trading
Gold futures soared today over the $1,200 threshold just after the “soft” non-farm payrolls were released on the outlook of lower employment figures to be released on Friday. Gold futures closed $25 per ounce higher on the day at New York’s Commodity Exchange division...
by Brian Schad | Mar 17, 2015 | Gold Futures, Hard-Asset Investments, Precious Metals Trading
Gold futures have retreated back to lows not seen since November reportedly on mixed housing data and ahead of the Federal Reserve’s two-day monetary policy meeting. Gold futures are currently trading at $1,148 per ounce at the COMEX division of New York’s Mercantile...
by Brian Schad | Feb 17, 2015 | Gold Futures, Precious Metals Trading
Gold futures are sharply lower today reportedly after the New York Federal Reserve’s index of manufacturing conditions showed improvement for prospects in February – but just not at the pace for economic growth expected. The index dipped to a level of “7.8” for...
by Brian Schad | Jan 20, 2015 | Gold Futures, Precious Metals Trading
Gold futures have reached a five-month high in early morning trading on the outlook of a safe-haven hard-asset amid speculation of sputtering global growth. Gold futures are currently at $1,288 per ounce (up $11) in New York at the Commodity Exchange. Over the long...
by Brian Schad | Nov 13, 2014 | Gold Futures, Precious Metals Trading
Gold futures have virtually paused between its recent downtrend low of $1,130 per ounce, and the recent high near $1,180, once the Department of Labor released its weekly “jobless claims” report revealing an increase of claims more than previously forecasted. Gold...
by Brian Schad | Oct 22, 2014 | Gold Futures, Precious Metals Trading
Gold futures has stalled and is failing to follow-through to the upside as a stronger US dollar and muted inflation data is said to be cutting demand for the precious metal as a hedging tool. Gold futures are down $6.50 per ounce at $1,245.20, but have been $10 lower...
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