Gold moves higher on expectations for further delay in US interest-rate hikes

Source: Investing.com
© Scanpix/AFP
Prices for gold jumped up due to a weaker US Dollar and forecasts that the Federal Reserve will not hike interest rates until the end of this year. Gold prices for delivery in December were 1.18% higher to trade at $1,157.80 per troy ounce, whereas silver for December delivery advanced 0.60% to reach $15.860 per troy ounce. Copper for delivery in December slid 0.10% to $2.416 per pound. 
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.