Despite only minor changes on Tuesday, Gold stayed on the side on under-performers during the second trading day of this week.
The yellow metal opened significantly higher on Monday, compared with the closing level seen on Thursday of the previous week.
Yesterday, Gold failed to register a positive change in its price; however, a daily decline reached just 0.11%.
On Wednesday, Gold registered its fastest increase in price since January 30.
In course of past 24 hours of trading, the precious metal used to be one of the best performers among the basket of commodities that are covered in our review, even though it fell by 0.21%.
On March 30, Gold used to be the second worst performer among main commodities.
On the last day before the weekend, all commodities that are usually covered in our review have decided to slide deeper into the red zone.
The precious metal continued gaining value on Thursday, by adding additional 0.78% to its price.
A clear hero of Wednesday used to be oil in terms of daily gains.
Tuesday showed a mixed situation on the commodity market; however, the trend used to have a slight bullish bias.
While the US Dollar continued to be under pressure after the recent Fed statement on interest rates, Gold prolonged its bullish trend and climbed 0.59% on Monday.
On Friday, all but one commodity from our review showed a positive development in terms of price changes as only natural gas declined 0.96% before the weekend.
The precious metal used to be the one among just two main commodities that managed to increase in price during Thursday.
After some weakness two days ago, on Wednesday each commodity included in our review registered a rise in price, amid softer stance of the Federal Reserve on interest rates.
On Tuesday, natural gas was the only commodity in our review that surged in price substantially.
While on Friday some commodities including Gold managed to increase in price, yesterday all of them were hit by selling pressure.
While the majority of commodities declined in price on Friday, Gold used to be the best performer which even managed to gain some value.
Despite declining around 0.14%, Gold used to be the second-best performer among main commodities on Thursday.
Opposite to our previous report on Gold, this time it is should be pointed out that the bullion was among those commodities to decline in value on Wednesday.
Even though Gold slipped slightly on Tuesday, it registered a third best performance among main commodities that we are usually reviewing.
On a daily basis, Gold was completely unchanged during the trading session on Monday, even though today the bullion resumed the tendency to lose value.
Expectations for an upcoming increase of Fed's interest rates and improving labour market situation in the United States pushed down demand for commodities on Friday.
On Thursday, only fossil fuels showed a noticeable development in terms of price changes.
Among main commodities, only natural gas and Crude type of oil gained significant value on Wednesday as they added 2.10% and 2%, respectively.