Report

rss

Iraq News

Kurdistan

Economy

World

All News

After a summer surge.. Gold retracts as dollar stabilizes

Category: Economy

Date: 2020-07-28T09:29:58+0000
After a summer surge.. Gold retracts as dollar stabilizes

Shafaq News / Gold pared gains today, Tuesday, after setting a new record, while the dollar compensated part of its losses.


The tension between the United States and China is betting on the Federal Reserve's confirmation of soft policies, to support gold.


Gold rose in immediate transactions 0.1% to 1943.14 dollars per ounce, by the time 0507 GMT, but without a peak, at 1980.57 dollars per ounce. The decline is due to profit-taking sales.


Also, gold futures rose in the United States 0.2% to 1934.90 dollars, while Silver pared its gains and rose 0.7% after increasing by 6.4% to $ 26.19 per ounce.


The dollar index rose from a two-year low, as the market awaited the approval of a new financial rescue package.


Platinum lost 1.5% to 931.32 dollars, while palladium lost 2.2% to 2263.84 dollars.


related

Gold prices drop in the Iraqi capital today

Date: 2021-11-04 10:35:56
Gold prices drop in the Iraqi capital today

PRECIOUS-Gold touches over 1-week low on dollar strength; all eyes on Fed meeting

Date: 2021-06-14 07:35:34
PRECIOUS-Gold touches over 1-week low on dollar strength; all eyes on Fed meeting

Gold prices drop in the Iraqi capital today

Date: 2021-11-03 10:33:35
Gold prices drop in the Iraqi capital today

Gold prices in the Iraqi local markets today

Date: 2021-01-28 09:56:56
Gold prices in the Iraqi local markets today

PRECIOUS Gold eases in range-bound trade on caution ahead of U.S. jobs data

Date: 2021-08-03 09:20:01
PRECIOUS Gold eases in range-bound trade on caution ahead of U.S. jobs data

Gold prices in Iraqi markets

Date: 2020-08-04 09:53:05
Gold prices in Iraqi markets

Gold hovers near 2-1/2-month high on Fed taper delay hopes

Date: 2021-09-06 07:07:56
Gold hovers near 2-1/2-month high on Fed taper delay hopes

Gold prices rise within a narrow trading range

Date: 2020-09-22 08:51:32
Gold prices rise within a narrow trading range