Between Asian shares and the Dollar, gold picks up

Source: CNBC
© Scanpix/Reuters
The yellow metal managed to keep its gains on Wednesday due to the slide in Asian shares; however, investors remain reserved in gold purchases as the Dollar is still strong. In addition, the U.S. manufacturing data, which was better than expected, has pushed prices to their lowest since January. Sport gold was at $1,223.40 per ounce, adding 0.7% the session before. Still, gold is expected to dip below $1,200/oz.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.