why gold is up today

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Why Gold Futures Are Up Today

By Diane Alter, Contributing Writer, Money Morning - November 24, 2015
Gold futures rose today on safe-haven buying amid news reports that Turkish jets shot down a Russian military aircraft.
In early morning trading, Comex gold climbed $10.70 at $1,077.40 an ounce. Still, gold futures sit at a 5.5-year low.
Here is what's been weighing on gold futures prices

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Why Gold Futures Are Up Today

By Diane Alter, Contributing Writer, Money Morning - November 24, 2015

Gold futures rose today on safe-haven buying amid news reports that Turkish jets shot down a Russian military aircraft.

In early morning trading, Comex gold climbed $10.70 at $1,077.40 an ounce. Still, gold futures sit at a 5.5-year low.

Here is what's been weighing on gold futures prices

Gold Price Today Sees Modest Gains – Higher Move on the Horizon

By Diane Alter, Contributing Writer, Money Morning - February 4, 2015

The gold price today jumped $10, or 0.80% to $1,271 an ounce in morning trading. The gains came despite typical headwinds for the yellow metal: a stronger dollar and slipping oil prices.

The yellow metal gave back some of those gains in the afternoon session. Just before 1 p.m., gold was hanging on to a $2.70 rise at $1,263.80.

Here's a look at the three factors moving gold prices today...

Gold Price Today $1,264: What Caused the 2.5% Rise

By Diane Alter, Contributing Writer, Money Morning - January 15, 2015

A shocking move Thursday from the Swiss National Bank sent the gold price today soaring to $1,264.80 - a four-month high.

Spot gold was up $33.60, or 2.76%, to 1,264.60 an ounce just before noon. It closed up $30.30, or 2.5%. That was the yellow metal's highest price since Sept. 8.

The Swiss franc also enjoyed a robust rally.

Here's what happened to goose gold...

Why Gold Prices Are Up Today

By Diane Alter, Contributing Writer, Money Morning - July 10, 2014

Gold prices spiked today (Thursday), hitting a near four-month high in early trading. In the morning session, August Comex gold soared $20.20 to $1,355.50 an ounce, its highest level since March 19. Spot gold jumped $17.10 at $1,344.25.

There are a few factors contributing to why gold prices are up today...

Why Gold Is Up Today

By Diane Alter, Contributing Writer, Money Morning - January 23, 2014

Gold prices jumped $28 to a six-week high Thursday while the Dow fell more than 200 points in afternoon trading.

February gold ended the day up $25.80 to $1,264.50 an ounce. Spot gold finished up $28.10 at $1,265.50.

Precious metal traders cited short covering, bargain hunting, and technical buying behind gold's gains. Unquestionably propelling the yellow metal's ascent Thursday was the steep intraday 217.42 point, or 1.33%, Dow plunge.

This news out of India is really what was driving gold prices...

Why Gold Is Up Today and What's Ahead for 2014

By Diane Alter, Contributing Writer, Money Morning - December 10, 2013

Why gold is up today: Gold prices on Tuesday morning staged the biggest advance since mid-October. Gold prices ended Tuesday's session sharply higher, hitting a three-week high. February gold gained $28, or 1.5%, at $1,262.20 an ounce. Spot gold added $22.70 to reach $1,263.50 an ounce.

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Why Gold Prices Are Up Today

By Diane Alter, Contributing Writer, Money Morning - October 22, 2013

Gold moved sharply higher Tuesday thanks to a weaker-than-expected September jobs report - and our country's employment situation is yet another reason why gold prices are up today and will resume their climb...

Perhaps anticipating a weak number, gold prices began moving higher shortly before the jobs report. Gold moved up $5 to $1,320.80 two minutes before the release.

Following the report, gold surged.

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Why Gold Prices Are Up Today

By Diane Alter, Contributing Writer, Money Morning - August 27, 2013

Gold is down about 17% in 2013, but here's why gold prices are up today - and will continue their rise...

On Monday, as gold inched toward $1,400 an ounce, bulls claimed the yellow metal was entering a third-quarter bull market - and Tuesday's gold-price gains helped it get there.

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