Here is a fun fact: spot Gold has made a larger range in February 2016 than it did during any other month since August 2013, which is two and a half years ago. It seems as if volatility has returned to this market, and volatility means traders have a good ...Read More »
Gold advanced on Friday, reversing previous day’s decline, as another wave of risk aversion lifted the metal’s appeal as safe-haven. Stocks fell sharply across the globe and oil hit fresh 12-year lows following a short-lived bounce the previous day. Against this backdrop, the yellow metal gained 1.5% and to finish ...Read More »
FXStreet (Córdoba) - Gold traded little changed during the last session of the year but remained on track to post monthly and yearly declines.
February gold was less than 0.1% higher at $1,061.30 an ounce. The yellow metal is set to score a 1.4% weekly loss, a 0.5% monthly decline and a 10% fall for 2015, making this the third yearly loss in a row.
The yellow metal has been under pressure during 2015 amid a stronger dollar heading into the Federal Reserve lift-off and broad weakness in commodities amid worries about China’s economy.
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