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Rise in the price of gold at its highest level in two weeks
15/07/2017
Gold prices climbed 1.4 percent to become at the highest level in two weeks, after the release of data indicating weak US inflation.
Increased Spot gold 0.96 percent to $ 1228.61 per ounce ( an ounce) and the metal is heading for a weekly gain of 1.3 percent was the highest since mid - May, according to Reuters.
Gold rose in US futures contracts August delivery to $ 10.20 or 0.84 percent to settle at US $ 1227.50 an ounce. The contract ended the week up 1.5 percent, the first gain in six weeks.
And settled consumers in the United States in June , prices, and retail sales fell for the second consecutive month, and bond yields fell and the dollar index fell to its lowest level since September 2016 after the release of data weaker than expected.
The US data reinforced expectations that the Fed will move at a slow pace is likely to continue raising interest rates, and some people expect a new increase in interest rates during 2017.
http://aletejahtv.org/permalink/172690.html
15/07/2017
Gold prices climbed 1.4 percent to become at the highest level in two weeks, after the release of data indicating weak US inflation.
Increased Spot gold 0.96 percent to $ 1228.61 per ounce ( an ounce) and the metal is heading for a weekly gain of 1.3 percent was the highest since mid - May, according to Reuters.
Gold rose in US futures contracts August delivery to $ 10.20 or 0.84 percent to settle at US $ 1227.50 an ounce. The contract ended the week up 1.5 percent, the first gain in six weeks.
And settled consumers in the United States in June , prices, and retail sales fell for the second consecutive month, and bond yields fell and the dollar index fell to its lowest level since September 2016 after the release of data weaker than expected.
The US data reinforced expectations that the Fed will move at a slow pace is likely to continue raising interest rates, and some people expect a new increase in interest rates during 2017.
http://aletejahtv.org/permalink/172690.html
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