Home » Posts tagged "currenct gold price" (Page 7)

Spot Gold – Daily Gold Prices 30th April 2009

Spot gold moved higher yesterday on the back of a weaker US dollar and a continued strengthening in crude oil prices, gaining $3.71 to settle at $894.31/oz, but failing to capitalise on the flight to quality, as equity markets strengthened, capping any gains in later...

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Spot Gold Price – Gold Chart 29th April 2009

Reasons for yesterday’s sell off in spot gold prices range from worries about swine flu, technical selling as stops were triggered once the price fell below the $900 per ounce price point, struggling sales in India – gold buying for this year’s Akshaya Tritiya festival...

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Spot Gold Prices – Gold Chart 23rd April 2009

Continuing worries in the financial sector and nervousness about the forthcoming results of the bank stress tests combined with a lower dollar all helped the spot gold price to move higher yesterday.  Gold prices were also given a boost by some short covering and inflation...

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Spot Gold Prices – Gold Chart 22nd April 2009

Yesterday was indecisive from a technical perspective, providing little in the way of clues to the future direction of spot gold prices, ending the day with a failed attempt to move marginally higher and closing just on the 9 day moving average which has now...

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Spot Gold Price – Gold Chart 17th April 2009

Yesterday we saw a sharp fall in the price of spot gold as safe haven interest waned following  relative stable equity markets as investors decided to take profits, a trend we saw continue in overnight trading with gold futures also suffering from a bout of...

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