FX & CFD trading involves significant risk
On Friday, the price of gold down after rising the previous day and the beginning of the trading day. On Thursday, gold rose in price after weak U.S. economic indicators that have strengthened the hope of the market to continue "quantitative easing" the Fed.
Published on Thursday on the number of applications for unemployment insurance, manufacturing activity and consumer prices in the U.S. showed a slow economic recovery, giving the Fed a reason to continue to buy bonds.
Leaders of the Federal Reserve is likely to insist on the continuation of the program of buying bonds, despite growing fears of Education "asset bubbles" or inflation, experts say.
Award in Shanghai to prices in London rose to nearly $ 20 an ounce to less than $ 10 at the end of 2012, pointing to an increased demand in China, ranked second in the world for the consumption of gold.
Stocks of the world's largest gold-exchange-traded fund (ETF) SPDR Gold Trust on Thursday fell by 8.89 tonnes to 1.290,306 tons - the minimum amount of more than five months.
April futures price of gold on COMEX today rose to 1587.00 dollars an ounce, and then fell to 1569.30 dollars per ounce.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.