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gold economy is falling to the lowest level as the dollar rises[/size]
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Twilight News
3 hours ago
http://www.shafaaq.com/ar/Ar_NewsReader/26100256-cff7-4192-a632-87b0a0e04ad2
gold economy is falling to the lowest level as the dollar rises[/size]
Twilight News
3 hours ago
NEW YORK (Reuters) - Gold fell more than 1 percent on Thursday, hitting a four-month low as US stocks and the US dollar rallied on optimism of a US tax reform.
Spot gold fell 1.38 percent to $ 1246.31 an ounce in late US trade, the lowest level since August 8.
Spot gold fell 1.38 percent to $ 1246.31 an ounce in late US trade, the lowest level since August 8.
US gold futures for February delivery fell 13 dollars or 1 percent to settle at $ 1253.10 an ounce.
The dollar index touched a two-week high on Monday with optimism that the United States will push ahead with tax reform by the Dec. 22 deadline.
Among other precious metals, silver fell 1.73 percent to $ 15.69 an ounce, its lowest level since mid-July.
Platinum fell 1.02 percent to $ 892.50 an ounce after hitting its lowest level since July 11th at $ 889.50. The metal lost about 5 percent this week and is heading for the biggest weekly loss in nine months.
Palladium rose 1.84 percent to $ 1011.80 an ounce.
http://www.shafaaq.com/ar/Ar_NewsReader/26100256-cff7-4192-a632-87b0a0e04ad2
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