Gold becomes cheaper because recovering stock markets
On Wednesday, the growth
quotations of gold stopped. Yesterday, China again softened
monetary policy and stock
markets received some support
after total defeat of the beginning of the week.
By 11.07 MSK December gold futures
lost 0.11% to 1 137,00 dollars worth.
Today from shocks
gradually recovering Asian
markets. Shanghai index albeit reduced,
but the extent of the fall are not as
cyclopean, on Monday and
Tuesday: Today Shanghai Composite
I lost "only" 1.30%. All this
again returns the focus of attention
investors in the long term improve
Fed interest rates. This is a key
a factor that underpins today
bearish on gold.
released yesterday
Statistics on consumer confidence
in USA. In August, the index reached
seven-month high, plus everything
new home sales rebounded. it
It implies support for the economy and
It may be the force that will allow
Fed to raise rates during this
of the year. Growth rates make the dollar more expensive,
that, in turn, would divert attention
investors from non-interest assets to
which include precious metals.
Related posts
Dovish FOMC minute lifted gold
Dovish FOMC minute lifted gold to a five-week high at today trading gold rose to the highest level in the last five weeks. K 11.22 MSK yellow metal with...
Brent wins back losses deal on
Brent wins back losses: deal on Iran seems to be delayed crude oil Brent back up from the three-month low. By 14.29 MSK August futures is $ 57.30; WTI...
Investors first offered US Treasuries
Investors first offered US Treasuries at 0%, but the demand was huge It seems that investors have there is no place to invest . otherwise, just it is not...
No comments:
Post a Comment