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> Gold trades higher in Asia to $1,223.30
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Gold trades higher in Asia to $1,223.30

ArgusFX

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Gold

Gold traded higher in the Asian trading session, as the investors and the traders wait for Janet Yellen's view on a rate hike, most likely taking place as of next month.

Gold trades to $1,223.30

In the New York Mercantile Exchange on the Comex Division, gold's December delivery traded to $1,223.30 a troy ounce, rising 0.23%.

Copper

Copper futures approached the $2.518 a pound, and the silver futures traded to $16.932 a troy ounce, escalating 0.07%.

Indonesia

Indonesia's trade balance dropped from 1.22B to 1.21B and did not meet the analysts' estimations for declination to 1.03B.

India

India's wholesale price index declined from 3.57% to 3.39%. The analysts predicted the WTI to appreciate to 3.75%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/gold-trades-higher-in-asia-to-1.223.30
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