简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
WIKIFX REPORT: Gold Prices Rallied
Abstract：Following two sessions of significant losses that drove prices to a nine-month low, gold prices increased on Thursday as a break in the dollar's uptrend prompted some investors to buy deals. As the USD declined over worries about the growth rate, the price increased throughout the Asian hours.
Gold rose on Thursday as a pause in the dollar's rally encouraged some investors to snap up bargains after two sessions of heavy losses that sent prices to a nine-month low. The price jumped during the Asian hours as the USD dropped amid concerns on the growth rate.
Currently, gold trades at around $1811.37, which is another rise of $0.68 or 0.04% from the previous close of 1810.69.
The daily trading range is from $1805.43 to 1814.20, while the trading volume is 75.736K.
The USD which is in general into a reverse relationship to the precious metal, slipped this morning.
Benchmark U.S. 10-year Treasury yields fell to their lowest level in a month on Friday.
Soft U.S. data indicated in lower risks for this Fridays June payroll report.
The leading consumer China entered into recovery back slowly as COVID-19 curbs eased.In the meantime, silver added 0.62%, while Platinum tumbled 0.44%.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
StoneX Financial Secures General Clearing Membership with ECC
StoneX Group Inc. has announced that its subsidiary, StoneX Financial Limited, has been granted General Clearing Member (GCM) status by European Commodity Clearing AG (ECC).
easyMarkets Kicks Off the Start of Its Trade with the Champions Competition
easyMarkets has launched its Trade with the Champions competition. The event will run from 2 December 2024 to 15 January 2025. It is open to both new and existing traders, offering them a chance to compete and win prizes.
Philippine Peso Could Hit P60 in Early 2025, DBS Says
DBS forecasts the Philippine peso to hit P60 per dollar in early 2025, with factors like US monetary policy and Trump’s trade tariffs affecting the outlook.
MAS Imposes $2.4M Fine on JPMorgan Chase for Misconduct
JPMorgan Chase is fined $2.4 million by MAS for overcharging clients on OTC bond trades, misrepresenting spreads, and unethical actions by relationship managers.
WikiFX Broker
Latest News
Ontario launches major US ad campaign amid Trump's tariff threat
WikiFXCapital.com Collaborated with Amazon in the UAE
WikiFXActivTrades Gains Regulatory License in Mauritius
WikiFXRipple’s RLUSD Stablecoin Expected to Launch in NY by Dec. 4
WikiFXApple Pay, Google Pay Eyeing Launch in the Philippines
WikiFXeasyMarkets Kicks Off the Start of Its Trade with the Champions Competition
WikiFXOil Prices Mixed Amid Accusations of Ceasefire Violations Between Israel and Hezbollah
WikiFXIndia's Rs 6,000 Crore Ponzi scam
WikiFXPhilippines Warns Public of Get-Rich-Quick Scams This Christmas
WikiFXKnow Ins & Outs of Prop Trading Firms
WikiFXCurrency Calculator
