- Analytics
- News and Tools
- Market News
- Gold rose
Gold rose
The value of gold is increasing on weaker dollar ahead of the publication of minutes of the last meeting of the Federal Open Market Federal Reserve. Investors expect that the protocols will clarify the situation with a program of bond purchases.
In addition, the pressure on the U.S. dollar index was weaker than the national activity Chicago Fed, which destroys the hopes of positive GDP data for the 2nd quarter, which will be published next week. National Activity Index Chicago Fed in July rose to -0.15 from -0.23 in June, while the less volatile moving average index for the three months increased to -0.15 from -0.24. July was the fifth month in a row that the index itself and its moving average are in negative territory, indicating growth below trend.
The cost of the October gold futures on COMEX today rose to $ 1377.20 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
