Friday, November 27, 2015

Gold Market Update : Epic Research Singapore

Gold prices GCZ5, -0.16%  on Thursday rose only marginally, up $1.80, 0.2%, to $1,071.70 an ounce, while silver SIZ5, -0.30%   added 4 cents to $14.20 an ounce.

Gold has been suffering under the weight of a strong dollar DXY, -0.02% with most market participants expecting the U.S. Federal Reserve to hike interest rates in December. That view that got support from a batch of upbeat economic data on Wednesday. A stronger greenback makes dollar-denominated gold expensive for holders of other currencies

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

0 comments:

Post a Comment