FX & CFD trading involves significant risk
Today gold is reduced due to attenuation of interest in risky assets after the demand for German debt auction was modest, but adequate, as investors questioned the ability of the eurozone countries to attract financing. New managers indices supply (PMI) indicate that the region - on the way to a moderate recession, despite the fact that the total PMI was above expectations.
Gold support provided data on industrial orders in the U.S., the volume of which in November rose on a monthly basis by 1.8% at the expected 2.0% decline in October,revised from 0.4% to 0.2%.
February gold futures in electronic trading in New York Stock Exchange Comex eve of the release of U.S. data has fallen to 1594.5 dollars per troy ounce, and then went up to 1612.6 per troy ounce.
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