- Analytics
- News and Tools
- Market News
- Gold fluctuates
Gold fluctuates
The price of gold fluctuates on Wednesday at the macroeconomic data from the UK, and pending the outcome of the meeting of the FOMC.
As reported on Wednesday a national statistics department of Britain, the country's GDP in the first quarter of this year, according to preliminary estimates, has not changed compared to the same period last year and fell by 0.2% compared with the previous quarter. The data were worse than analysts' forecasts, expects GDP growth of 0.3% compared with January-March 2011 and by 0.1% - in the quarter.
On Wednesday completed a two-day meeting of leaders of the U.S. Federal Reserve.The market once again waiting for the regulator of intent to sustain economic growth with additional incentive measures, but experts in the majority do not involve any extraordinary measures.
Physical demand for gold in recent weeks is low, even in India - the world's largest consumer of precious metals - during the holiday Akshaya Tritiya, when traditionally the demand for gold jewelry.
May futures on the COMEX for gold today is kept in the range of $ 1636.7 - $ 1644.0 per ounce.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
