Central Asian Exploration on Firm Footing, Says Tethys Petroleum CFO

Otmane El Rhazi from Forbes – Commodities & Currencies.

The prospect of tapping Central Asia and the Caspian for hydrocarbons has excited oil and gas companies of all colors and stripes for better parts of three decades. Activity gained momentum after the break-up of the Soviet Union with newly liberated republics chalking out their independent policy paths and allowing private sector petrodollars to flow in.

Gold Slightly Up on Short Covering, Some Safe-Haven Demand

Otmane El Rhazi from Forbes – Commodities & Currencies.

(Kitco News) – Gold prices are modestly higher in early U.S. trading Wednesday, on some mild short covering and a bit of safe-haven buying interest. However, the still-weak near-term technical postures for gold and silver are keeping the buyers wary. December Comex gold was last up $2.20 at $1,287.40 an ounce. Spot gold was last quoted up $5.20 at $1,286.25. December Comex silver last traded up $0.051 at $19.515 an ounce.

Gold Ends Firmer On Short Covering, Bargain Hunting

Otmane El Rhazi from Forbes – Commodities & Currencies.

(Kitco News) – Gold prices ended another quiet trading session firmer Tuesday, on some bargain hunting and short covering following recent losses. The market place could remain subdued the rest of this week, ahead of the unofficial end of summer that comes with the approaching U.S. Labor Day holiday weekend. December Comex gold was last up $6.10 at $1,285.00 an ounce. Spot gold was last quoted up $8.10 at $1,284.75. December Comex silver last traded up $0.009 at $19.44 an ounce.

Gold Firmer on Safe-Haven Demand, But Better U.S. GDP Data Pares Gains

Otmane El Rhazi from Forbes – Commodities & Currencies.

(Kitco News) – Gold prices ended the U.S. day session moderately higher Thursday, on safe-haven buying interest, short covering and perceived bargain hunting. Geopolitics is back on the front burner of the market place as a three-day U.S. holiday weekend approaches. Some better U.S. economic data did push gold prices down from the daily highs. December Comex gold was last up $7.50 at $1,290.90 an ounce. Spot gold was last quoted up $7.40 at $1,290.50. December Comex silver last traded up $0.13 at $19.605 an ounce.

RJ O’Brien Technician: Areas Around $1,280, $1,324 Key Chart Levels For Comex Gold

Otmane El Rhazi from Forbes – Commodities & Currencies.

(Kitco News) – Gold remains near the middle of its range from the past year, making it a tricky call for technically oriented traders looking to establish positions, says Dave Toth, director of technical-chart research at RJ O’Brien & Associates.

Safe-Haven Demand Boosts Gold as Russia-Ukraine Tensions Rising

Otmane El Rhazi from Forbes – Commodities & Currencies.

(Kitco News) – Gold prices are higher in early U.S. trading Thursday, on safe-haven buying interest, short covering and perceived bargain hunting. Geopolitics is back on the front burner of the market place as a three-day U.S. holiday weekend approaches. December Comex gold was last up $11.00 at $1,294.40 an ounce. Spot gold was last quoted up $10.90 at $1,294.00. December Comex silver last traded up $0.32 at $19.795 an ounce.

Gold Ends Mixed in More Quiet, Late-Summer Trading

Otmane El Rhazi from Forbes – Commodities & Currencies.

(Kitco News) – Gold prices ended the U.S. day session narrowly mixed Wednesday—futures a bit lower and spot a bit higher–as some mild short covering and a bit of safe-haven buying interest was offset by the still-weak near-term technical posture for gold. December Comex gold was last down $1.50 at $1,283.70 an ounce. Spot gold was last quoted up $2.10 at $1,283.25. December Comex silver last traded up $0.026 at $19.485 an ounce.