Gold extends gains after biggest gain in two weeks

Source: Bloomberg
© Scanpix/Agence France-Presse
Gold extended gains after the biggest advance in two weeks on speculation that the Fed will continue its stimulus as the U.S. economic data did not meet expectations. Spot gold rose 0.3% to $1,415.15 an ounce and touched $1,411.80 as of 12:19 p.m. Singapore time. The bullion prices climbed 1.7% on Monday, the biggest jump in two weeks, while the yellow metal for August delivery traded at $1,411.30 an ounce on the Comex in New York.

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.