Articles by: Miroslav Marinoff

Gold trading outlook: futures rangebound ahead of FOMC decision on policy

On Tuesday (in GMT terms) gold for delivery in December traded within the range of $1,321.30-$1,331.95. Futures closed at $1,328.30, rising 0.68% compared to Monday’s close. It has been the 141st gain in the past 302 trading days. The commodity has pared its advance to 0.58% so far during the current month, after surging 8.53% […] Read more

Gold trading outlook: futures off three-week lows as risk appetite wanes, FOMC meeting eyed

On Monday (in GMT terms) gold for delivery in December traded within the range of $1,313.80-$1,331.50. Futures closed at $1,319.30, shedding 0.28% compared to Friday’s close. It has been the 161st drop in the past 301 trading days and also a second consecutive one. The daily low has been the lowest price level since July […] Read more

Gold trading outlook: futures hover just above three-week lows before the FOMC meets to set policy

On Friday (in GMT terms) gold for delivery in December traded within the range of $1,319.00-$1,333.45. Futures closed at $1,323.10, shedding 0.56% compared to Thursday’s close. It has been the 160th drop in the past 300 trading days. In weekly terms, the yellow metal lost 0.26% of its value during the prior week. It has […] Read more