Gold hits a 12-week low amid investors seeking quality

Note: This section contains information in English only.
Source: Investing.com
On Tuesday gold reached a new 12-week high due to investors looking for a safe heaven from losses in the oil market. Futures for February hit a high of $1,244.30 per troy ounce, the highest since October 2014. During the European morning trade time gold futures settled at $1,241.60 per troy ounce, compared to $1,232.80 a day before. Gold received support despite the US employment report indicating a slump in the hourly wages, meaning the Fed is likely to postpone a rate hike.

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
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.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
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.