Gold held steady as traders lock in profits

Note: This section contains information in English only.
Source: Forexpros

On Monday, prices for gold were steady during European morning trading hours, as traders locked in profits following a Fed rally, when contracts for gold hit a 6-month high. On the NYMEX, October delivery futures for gold were traded at USD1,769.35 per troy once, which was a 0.05% gain for the trading session. Earlier, gold futures hit USD1,768.35 per troy once, a session low.

Back to articles

Actual Topics

Mon, 17 Sep 2012 12:49:01 GMT

Crude falls as Fed's announcement cools

On Monday, futures for crude oil trimmed the last week's gains during Asian trading hours, as traders were selling crude contracts for profits. On the NYMEX, November delivery futures for light sweet crude were traded at USD99.28 per barrel, which was a 0.06% for the trading session. Earlier, the contracts hit USD99.15 and, which was a session low, a session high of USD99.52 per barrel.

Mon, 17 Sep 2012 12:27:01 GMT

Italian trade balance added more than expected

Istat, reported on Monday that Italian trade balance in July, 2012 was EUR4.49 billion on a seasonally adjusted basis, up from the June's trade balance of EUR2.52 billion. Analysts, however, expected a slight decrease to EUR1.97 billion. Italian exports gained 4.3%, whereas its imports decreased by 4.3% in July.

Subscribe to "Fundamental Analysis" feed

Souscrire
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.