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[size=35][size=35]The rise in the prices of the yellow metal, supported by the weakness of the dollar[/size]
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2022-12-22 | 00:18
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Alsumaria News – Economy
And gold in instant transactions rose 0.2 percent to $ 1818.40 an ounce. US gold futures rose 0.1 percent to $1,827.70.
The US currency index fell 0.2 percent, making gold cheaper for holders of other currencies.
Third quarter GDP and weekly jobless claims numbers are due in the US.
Traders will also look at the PCE data due on Friday, looking for signs of inflation.
"Gold is holding in a range while trading is thin and investors are in a wait-and-see mode.
PCE data will be important and if inflation continues to fall the dollar will weaken further and gold will get more stable," said Edward Meir, analyst at ED&F Man Capital Markets.
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Economie
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2022-12-22 | 00:18
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[/size]
633 views
Alsumaria News – Economy
Gold prices rose today, Thursday, supported by the weakness of the dollar, amid weak trading due to the holiday season, but prices moved in a narrow range.
And gold in instant transactions rose 0.2 percent to $ 1818.40 an ounce. US gold futures rose 0.1 percent to $1,827.70.
The US currency index fell 0.2 percent, making gold cheaper for holders of other currencies.
Third quarter GDP and weekly jobless claims numbers are due in the US.
Traders will also look at the PCE data due on Friday, looking for signs of inflation.
"Gold is holding in a range while trading is thin and investors are in a wait-and-see mode.
PCE data will be important and if inflation continues to fall the dollar will weaken further and gold will get more stable," said Edward Meir, analyst at ED&F Man Capital Markets.
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