Trading news

Gold trading higher in Asian session

Gold escalated during the Asian trading session, amid the investors taking into consideration the Federal Reserve's meeting minutes to come up with valid predictions for a probable rate hike in 2017.

Gold trades to $1,171.95

February's gold delivery, on the New York Mercantile Exchange of the Comex division, traded to $1,171.95 a troy ounce, rising 0.57%.

Silver futures, for delivery in March, reached $16.587 a troy ounce, adding 0.21%, and copper futures to $2.552 a pound, declining 0.23%. Copper futures traded to $2.549 a pound, jumping 2.4% or 6.0 cents.

Moreover, China's Caixin services PMI ticked higher than 53.3, rising to 53.4.

Read More

Thursday, 05 Jan, 2017 / 1:28

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/gold-trading-higher-in-asian-session

Trading news

 

2020 Olympics & The Japanese Economy

With the 2020 Olympics kicking off after a year-long delay, just how much of a [...]

Posted on Friday, 23 Jul, 2021 / 1:30 under

Fed, Inflation, And The Housing Bubble

Yesterday, the US’ second-largest homebuilder, D.R. Horton, announced [...]

Posted on Friday, 23 Jul, 2021 / 1:28 under

Stormy week ends with US stocks at record highs

  Nasdaq 100 closes at new record as investors warm up to tech [...]

Posted on Friday, 23 Jul, 2021 / 9:25 under