- Analytics
- News and Tools
- Market News
- Gold trading at three-month high
Gold trading at three-month high
Gold prices rose in today's session for a third consecutive day with the precious metal currently quoted at USD1,239.40, +0,51% a troy ounce, a three-month high. Intraday gold traded as high as USD1,243.90.
Gold in recent days has been supported, as political uncertainty in Greece and concerns about the impact of falling oil prices on the global economy led investors to buy the precious metal. Also growing speculations that FED will keep rates on hold for longer after mixed U.S. job data with a surprise drop in hourly wages on Friday supported the metal.
Bullion will remain under pressure in 2015 as the U.S. dollar remains strong boosted by the diverging policy outlook between the Fed and central banks in Europe and Japan and stocks markets continue to rise.
GOLD currently trading at USD1,239.40
© 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
