referring to Gold prices fell for a 2nd straight session Monday, as Dominance in the unite states $ helped send the metal to its lowest standard in nearly a week. Investors awaited the outcome of the Fed Reserve's two-day monetary policy meeting, that concludes Wednesday, & every month unite states jobs information due Friday to help gauge the request outlook for the precious metal. February gold GCG8, -0.25% lost $11.80, or 0.9%, to settle at $1,340.30 an ounce. Read the complete story: Gold ends reduce as $ firms, Treasury yields charge ahead

collected by :kiven Dixter
Gold prices check 2nd session climb in a row
Gold prices rose for a second straight session Thursday, by weakness in the $ boosting Businessman interest in the metal even as U.S stocks headed higher. Traders guess the market to find its following directional cue from Friday's every month unite states jobs data. April gold GCJ8, -0.28% rose $4.80, or 0.4%, to settle at $1,347.90 an ounce. Read the complete story: Gold climbs a second day as traders await directional cues from unite states jobs data
Gold prices flat ahead of America jobs data
as informed in Gold prices ticked up on Thursday as markets anticipated unite states jobs information due at the finish of the 7 days for guidance on monetary policy for the remainder of the year. U.S. gold futures futures for April delivery settled up $4.80, or 0.4 percent, at $1,347.90 per ounce. Stronger-than-expected jobs data, reduce unemployment & higher wages would signal Dominance in the economy, & can in Turn around strengthen the $ & Stress gold, Gaffney added. Inflation worries generally boost gold, which Information Systems seen as a safe-haven against hight prices. But expectations which the federal going to increase interest averages to battle inflation make gold less attractive because it doesn't pay interest.collected by :kiven Dixter
Comments
Post a Comment