Home » Posts tagged "spot gold prices" (Page 8)

Gold Price Today – 18th March 2009

Spot gold prices finished lower yesterday, with the daily candle closing below all three moving averages, providing yet more evidence of the short term bearish momentum currently being experienced in the metals sector. Whilst the decline in prices has not been dramatic, it does show...

Continue reading »

Current Gold Price – 17th March 2009

A day of indecision yesterday on the gold chart, with a small doji candle on the day, finishing the session amidst all three moving averages, and with no clear direction either one way or the other, losing $4.10 overall and finally settling at $923.10/oz with...

Continue reading »

Spot Gold Prices Rise – 13th March 2009

Yesterday’s price action in spot gold, saw prices rise for a second day, with a wide spread up candle which closed the session above both the 9 day and 14 day moving averages, but failed to penetrate the 40 day average. With a support level...

Continue reading »

Spot Gold Price Update – 12th March 2009

Spot gold’s somewhat unexpected rally today was triggered, apparently, by the news that the Swiss National Bank is to start purchasing foreign currency as part of a concerted effort to halt the rise in value of the Swiss Franc.  This announcement also had the effect...

Continue reading »

Spot Gold Price Chart – 12th March 2009

Spot gold prices rallied yesterday gaining 11.60 dollars and moving back above the $900/oz level, leaving us with an up candle on the day. It is interesting to note that the low of the day was identical to that of Tuesday’s low, and in line...

Continue reading »

Spot Gold Price Falls – 11th March 2009

Following the bearish engulfing candle of Monday in the daily chart, this was confirmed with yesterday’s price action with a wide spread down bar for the price of gold, which ended the day well below the 40 day moving average, and more importantly penetrating the...

Continue reading »

Current Gold Price – 10th March 2009

Following our look at the weekly chart on Monday, today we are back with the daily candles, with yesterday’s price action producing a wide spread down bar, with a small bottom shadow, which penetrated both the 9 day and 14 day moving averages. In addition...

Continue reading »

Gold Returns To Safe Haven Status

Andrew Evans Pritchard, the International Business Editor for the Daily Telegraph, discusses his views on the role of gold in the market, and in particular where he see spot gold prices heading in the medium term. As gold recovers it’s safe havne status, and small...

Continue reading »

Gold News – Update 5th March 2009

As European equity markets continue to fall gold rebounded and Bullion for immediate delivery rose as much as $8.53, or 0.9 percent, to $915.03 an ounce and traded at $912.01 at 10:01 a.m. local time. April futures added $5.60, or 0.6 percent, to $912.30 an...

Continue reading »

Spot Gold Prices – 4th March 2009

We were wise to take a wait and see approach to yesterday’s trading, as spot gold prices registered their sixth down day in a row on the daily candle chart, with yesterday’s candle just touching the 40 day moving average. Once again the move was...

Continue reading »