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Gold fell to its lowest level in a week on the day
January 18 2018 11:20 p
January 18 2018 11:20 p
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Gold prices fell on Thursday to a one-week low as the metal lost more than $ 12 as the US stock market rallied ahead of economic data.
By 7:30 am GMT, the price of gold futures fell about 1 percent, losing $ 12.70 to $ 1326.5 an ounce.
While the spot price of the yellow metal settled at $ 1326.1 an ounce, while silver futures fell 0.9% to $ 17.02 an ounce.
Later in the day, data on jobless claims, home building permits and the Philadelphia Industrial Production Index will be released later in the day.
The Dow Jones index regained its gains yesterday and closed the highest level of 26 thousand points for the first time in its history.
The US dollar continued to recover against most major currencies, before stabilizing now.
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Baghdad Post
[size][rtl]Gold prices fell on Thursday to a one-week low as the metal lost more than $ 12 as the US stock market rallied ahead of economic data.
By 7:30 am GMT, the price of gold futures fell about 1 percent, losing $ 12.70 to $ 1326.5 an ounce.
While the spot price of the yellow metal settled at $ 1326.1 an ounce, while silver futures fell 0.9% to $ 17.02 an ounce.
Later in the day, data on jobless claims, home building permits and the Philadelphia Industrial Production Index will be released later in the day.
The Dow Jones index regained its gains yesterday and closed the highest level of 26 thousand points for the first time in its history.
The US dollar continued to recover against most major currencies, before stabilizing now.
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