Gold prices rebound from 9-week low before the U.S. presidential election

Note: This section contains information in English only.
Source: Reuters
© scanpix/Reuters

Gold prices rebounded after touching their lowest level since mid-June in the former session, as investors stood undecided before the U.S. presidential election. Spot gold advanced 0.4% to $1,682.66, after touching its 9-week low of $ 1,672.24, whereas U.S. futures on gold for December gained $7.50 to $1,682.70. Friday, gold prices lost around 2% on the rise in the greenback and reduced pressure on the state's authorities to continue with monetary stimulus measures.

Back to articles

Actual Topics

Mon, 05 Nov 2012 19:39:15 GMT

US stocks little changed before the elections

After last weeks advance of S&P 500 Index, US stocks declined as Americans prepare to vote in the presidential elections and concerns that Greece might not win a bailout have arisen again. Both, S&P 500 and Dow Jones Industrial Average, slid by 0.1% while trading volume in S&P 500 was one fifth below the 30 trading days average. KBW Inc.

Mon, 05 Nov 2012 18:55:16 GMT

Pound Weakened Against U.S. Dollar as U.K. Economy Recover Slower than Forecast

The Pound lost against 13 of its 16 main peers as U.K. report showed worse-than-expected services growth in October. The Pound declined 0.3% and traded at $1.5977 following the loss of 0.2% on November 2. The Bank of England officials will meet on November 7-8 to take a decision whether to raise fiscal policy using quantitative easing for the first

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.