Gold News

Trade in Asia was relatively slow ahead of a long weekend in Japan. Tokyo’s financial markets are closed from Monday to Wednesday next week for national holidays

Gold falls as the Dollar declines and investors feel more at ease

Trade in Asia was relatively slow ahead of a long weekend in Japan. Tokyo’s financial markets are closed from Monday to Wednesday next week for national holidays

Gold steadied on Friday as light buying emerged on dips toward $1,000 per ounce, after it declined $12 in the previous session. Despite some technical indicators suggesting the market may be overbought, sentiment remained firm, analysts say, and many market participants still expect the precious metal to break through its record high of $1,030.80 an ounce. Trade in Asia was relatively slow ahead of a long weekend in Japan. Tokyo’s financial markets are closed from Monday to Wednesday next week for national holidays. Gold is trading at $1008 as of 9:30am, London Time.