Home » Archive by category "Daily Gold Price" (Page 3)

Gold Chart 20th July 2009

Friday’s candle on the daily gold chart, provided further evidence of indecision and a lack of market direction as traders withdrew from the market ahead of the weekend. With thin trading volume and little in the way of fundamental news, the price of gold drifted...

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Spot Gold Prices – Daily Gold Chart 16th June 2009

Yesterday’s wide spread downbar in the spot gold chart merely reflected the market’s view of the US dollar, which found some support following positive statements from various G8 ministers who reinforced theirs view of the US dollar as a reserve currency.  In addition markets reacted...

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Gold Spot Price – Gold Spot Chart 15th May 2009

The following commentary combines two days of gold trading technical analysis owing to problems with the internet.  Wednesday saw gold prices rise to a six week high of $930.60 per ounce on the back of safe haven buying as equity markets retraced, but in afternoon...

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Spot Gold – Gold Prices Today 6th May 2009

A mixed picture in spot gold yesterday with prices initially moving higher on the back of equities and supported by renewed worries about inflation, a weaker dollar, rumours that China is continuing to add to its gold reserves and, of course, nervous anticipation of the...

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