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Gold Futures - Dec 15 (GCZ5)

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1,094.90 +6.20    +0.57%
31/07 - Closed. Currency in USD ( Disclaimer )
Type: Commodity
Group: Metals
Unit: 1 Troy Ounce

  • Prev. Close: 1,088.70
  • Open: 1,087.60
  • Day's Range: 1,079.30 - 1,102.70
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Gold 1,094.90 +6.20 +0.57%
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Gold News

Gold futures tumble to fresh 5-year lows
Gold futures tumble to fresh 5-year lows
By Investing.com - Jul 24, 2015

Investing.com - Gold prices tumbled to a fresh five-year low in European morning hours on Friday, as data showing that U.S. jobless claims fell to the lowest level since 1973 and positive news from ...

4 things to watch this morning
4 things to watch this morning
By Investing.com - Jul 23, 2015

1. Earnings onslaught to hit Wall Street Caterpillar (NYSE:CAT), General Motors (NYSE:GM), McDonald's (NYSE:MCD), Comcast (NASDAQ:CMCSA), Southwest Airlines (NYSE:LUV), Dow Chemical (NYSE:DOW), ...

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Latest Gold Comments

james austin
james austin Aug 01, 2015 05:29AM GMT
I'm out with small profit thanks Allah ,because I have no idea what will be gold price ? 1100 or 1080 again ?

naresh lagadapati
naresh lagadapati Jul 31, 2015 11:58PM GMT
Commodity prices are on track for their worse monthly drop since 2011, and one NYMEX trader sees more pain ahead. ‘We’ve seen a little bit of a rebound pop here on the last day of the month, but for the moment the trend continues to be lower for commodities across the spectrum, whether it’s energy products, gold, or even base metals like copper,’ said Eric Zuccarelli, an independent metals trader. Zuccarelli said gold prices set a technical bottom last week at $1,070 an ounce, which was followed by a bounce to about $1100. ‘However that technical level really doesn’t mean anything in the larger scheme of things, and I certainly think at some point we’ll be heading lower and certainly test $1000 by the end of the year,’ said Zuccarelli, who said the strong dollar continues to weigh on the metal. Zuccarelli is also bearish on oil prices, even as crude had a slight bounce on this week’s report of a surprise drawdown of oil stocks in the U.S. ‘When you have Iraq and Saudi Arabia producing at record high levels, and combine that with the United States, the glut continues,’ he explained. He also cited the prospects of Iranian oil hitting the market, which would further disrupt the supply/demand equation. He said oil prices may touch lows hit last winter, near $40 a barrel.

John Beck
John Beck Jul 31, 2015 11:36PM GMT
Look for gold to push down to around 103+....That was the last C wave High....then a rally to maybe 113+...or more even before the final drop to 1000 or even less......This is not a short term call...this will develop over months end of the year even.
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