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Gold bid farewell to a nice win streak to end last week and on Monday, losses looked set to build as equities drew buyers, pushing the precious metal lower.
Gold for April delivery GCJ5, -0.95% shed $11.30, or 1%, to $1,188.30 an ounce. May silver SIK5, -1.63% lost 29 cents, or 1.7%, to $16.78 an ounce.
Gold futures settled with a loss on Friday, putting an end to a seven-session stretch of gains that had lifted prices to their highest level in more than three weeks.
Gold for April delivery GCJ5, -0.54% shed $5, or 0.4%, to settle at $1,199.80 an ounce Friday on Comex. During their seven-session climb, gold futures tallied a total gain of 4.9%. For the week, prices gained 1.3%.
Gold futures rallied past $1,200 an ounce on Thursday to settle at their highest level since early March as investors backed away from riskier assets amid a selloff for global equities and increased tension in the Middle East.
Gold for April delivery GCJ5, -0.26% climbed $7.80, or 0.7%, to settle at $1,204.80 an ounce on Comex. Prices have now climbed for seven sessions in a row, tallying a total gain of 4.9% during their streak of gains.
Gold futures rebounded from early weakness and posted a sixth straight winning session on Wednesday after an unexpected drop in February durable-goods orders.
Gold for April delivery GCJ5, +0.16% rose $5.60, or 0.5%, to close at $1,197 an ounce on Comex after tapping an intraday high of $1,199.30. The close was the highest since March 4.
Gold futures finished higher on Monday for a fourth session in a row with concerns surrounding Greece’s debt problems and a sharp drop in the U.S. dollar providing support for the metal.
Gold for April delivery on Comex GCJ5, -0.19% rose $3.10, or 0.3%, to settle at $1,187.70 an ounce on Comex. May silver SIK5, -0.07% added less than a penny to $16.891 an ounce. Gold ended Friday with a 2.8% gain for the week, while silver jumped around 9%.
Gold futures climbed for a third straight session on Friday to tally a weekly gain of nearly 3% as a sharp drop in the U.S. dollar buoyed investment demand.
Gold for April delivery GCJ5, +1.09% on Comex rose $15.60, or 1.3%, to settle at $1,184.60 an ounce. Prices scored weekly gain of 2.8%, based on the most-active contracts. They settled at their highest level since March 5.
Gold futures settled at a two-week high on Thursday, adding to gains that accelerated after the Federal Reserve signaled it would be less “patient” in hiking interest rates but indicated that rate increases would come at a gradual pace.
Gold for April delivery GCJ5, +0.07% on Comex rose $17.70, or 1.5%, to settle at $1,169 an ounce. Prices haven’t settled at a level this high since March 5.
Gold futures held their ground above $1,150 an ounce on Friday, finding some support as economic data cooled expectations for a Federal Reserve interest-rate increase as early as June, but prices lost 1% for the week, pressured by gains in the U.S. dollar.
Gold wavered between small losses and gains. April gold GCJ5, +0.56% climbed 50 cents to settle at $1,152.40 an ounce on Comex. For the week, it logged a loss of about 1%.
Gold futures on Thursday scored their first gain in three sessions, with a pullback in the U.S. dollar prompting a modest rebound from gold’s lowest level in about four months.
Gold for April delivery GCJ5, +0.52% added $1.30, or 0.1%, to settle at $1,151.90 an ounce on Comex after tallying a loss of 1.4% over the past two trading sessions. Prices Wednesday closed at their lowest since early November.
Gold futures dropped 2.7% on Friday, with a rally in the U.S. dollar following a strong February U.S. jobs report fueling a decline in the metal’s prices to their lowest settlement since mid-November.
Gold for April delivery on Comex GCJ5, -2.34% dropped $31.90, or 2.7%, to settle at $1,164.30 an ounce. Based on the most-active contracts, prices haven’t settled at a level this low since Nov. 13. For the week, they logged a 4% decline.
Gold futures suffered their third straight loss in a row as traders digested data on U.S. private-sector employment and looked ahead to the closely watched Friday jobs report.
Gold for April delivery GCJ5, +0.27% fell $3.50, or 0.3%, to settle at $1,200.90 an ounce on Comex, after tapping a low of $1,197.70. May silver SIK5, +0.66% lost 13.8 cents, or 0.9%, to $16.158 an ounce.
Gold futures rang up a consecutive loss on Tuesday as investors digested a spate of economic reports from a busy week of economic indicators, which culminates with the Friday jobs report.
Gold for April delivery GCJ5, +0.24% fell by $3.80, or 0.3%, to settle at $1,204.40 an ounce on Comex, while May silver SIK5, +0.09% settled down 15.5 cents, or 0.9%, to $16.296 an ounce after a 0.7% loss a day earlier.
Gold prices settled lower on Monday, for the first time in four trading sessions, as strength in the U.S. stock market lured investors away from the yellow metal.
Gold for April delivery GCJ5, -0.01% fell $4.90, or 0.4%, to settle at $1,208.20 an ounce on Comex after tallying a gain of roughly 1.3% over the past three trading sessions.
Don’t expect to see much of a climb in gold prices this year, but a spike to $1,700 an ounce or more could come as early as the summer of 2016.
Gold futures prices on Comex closed at $1,210.10 an ounce on Thursday, with the metal stuck in a range of just over $114 an ounce year to date, based on the most-active contracts.
Futures prices for gold rallied for a second straight session on Thursday to mark their highest settlement in more than a week.
Gold for April delivery GCJ5, -0.10% rose $8.60,or 0.7%, to settle at $1,210.10 an ounce on Comex. That was the highest settlement for a most-active contract since Feb. 18.
Gold futures scored their first gain in four sessions on Wednesday, buoyed by comments from Federal Reserve Chairwoman Janet Yellen, a weaker U.S. dollar and signs of rising demand from China.
Gold for April delivery GCJ5, +0.58% rose $4.20, or 0.4%, to settle at $1,201.50 an ounce on Comex. March silver SIH5, +0.70% tacked on 24.2 cents, or 1.5%, to end at $16.43 an ounce.
Gold prices on Tuesday edged down but finished off their session low after Federal Reserve Chairwoman Janet Yellen gave testimony to Congress.
Gold for April delivery GCJ5, +0.95% settled down $3.50, or 0.3%, at $1,197.30 an ounce. The contract dropped to an intraday low as Yellen’s prepared remarks hit, but then recovered much of that slide. Still, gold suffered a third straight session of declines, and it finished under the closely watched level of $1,200.
Gold prices settled lower on Monday, but found some support at the key $1,200 level as traders watched developments linked to Greece’s bailout extension.
Gold for April delivery GCJ5, +0.10% fell $4.10, or 0.3%, to settle at $1,200.80 an ounce on Comex. The decline marked a second straight session decline for prices.
Gold prices on Monday showed no signs of bouncing back after last week’s near-2% decline as a flood of economic data and the winding down of earnings season could inject some volatility in metals trading in the coming days.
Gold for April delivery GCJ5, -0.95% gave up $1.90 to drift down to $1,203.90 an ounce.
Gold futures rose Friday, lifted by anxiety over Greece’s debt standoff with its eurozone partners, but the yellow metal remained on track for a fourth consecutive weekly decline.
Gold for April delivery GCJ5, -0.36% rose $5.10, or 0.4%, to $1,212.70 an ounce on Comex. March silver SIH5, -0.89% advanced nearly 6 cents, or 0.4%, to $16.44 an ounce.
