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With tensions escalating between Syria and Turkey and oversold positions in crude oil creating a psychological buy back, crude oil climbed across board in comexes snapping the losing trend in prices.

NYMEX Crude seems to hover below $ 83.MCX Gold Brent crude has also ​​around $ 86. MCX crude oil is trading with a weakness of 0.75 per cent below Rs 5020. COMEX Gold is trading with a decline of 0.25 percent below $ 1250. MCX Gold is trading with a gain of 0.5 percent at rs 27,500. COMEX Silver is trading below $ 17.5 decline by 0.5 percent.

In the global market, Gold is trading sluggishly. At COMEX Gold is trading on 1301.4 $ with a slight decline of 0.15%. Silver is trading at 16.9$, slipped 0.3%.

Gold prices on the Comex were volatile on Wednesday as the greenback climbed only to fall later as investors booked profits which in turn saw the gold prices climb.

Gold futures were higher in Asian trade on Friday. On the Comex division of the New York Mercantile Exchange, Gold futures for December delivery traded at USD1735.65 a troy ounce at time of writing rising 0.56%. It earlier traded at a session high USD1735.85 a troy ounce. Gold was likely to find support at USD1672.55 and resistance at USD1735.85.

why is the price of silver dropping may 2011 There are five reasons why silver prices would go up despite this correction Silver futures dropped for a third day on Comex as the exchange hiked margin money requirements. The drop is seen as............ Read full story from here-

Sharp decline in gold today While this decline is increasing. On MCXgold prices is around Rs. 25000. Due to the rising edge of the margin COMEX on Wednesday it has seen a sharp decline in the gold...................... Read More Here- http://gourl.gr/khb

Gold Updates: US Interest Rates are likely to Grow As far as the US central bank Federal Reserve meeting time regarding US interest rate decision draws nearer in 2015, gold prices are falling. Gold prices again touched its 6 year low on monday. COMEX gold has touched $ 1066 per ounce. Last week the Gold price had touched a low of 1,064 an ounce which was the lowest in nearly 6 years.... Read more here- http://www.pinnaclefinancial.in/blog/gold-updates-us-interest-rates-are-likely-to-grow/

With constant slide in the gold prices since last FOMC meet on June 18-19 the precious metal has no longer been a safety net. As analysts predict, the yellow metal is headed for a further downside. The U.S. Comex gold futures touched a low of $1,196.10 on Thursday, and are heading towards a loss of over 24 % for Q2.