Gold up to $ 1,200 per ounce after the issuance of disparate US data

Traded gold prices to settle near the price of $ 1,200 per ounce during Tdullac Tuesday, while investors reacted to a series of US data divergent. On the Comex division of the New York Mercantile Exchange, gold June delivery rose 9.20 cents, or the equivalent of 0.78%, to trade at $ 1,196.00 per ounce during morning trading after the highest price record of $ 1,199.00 per ounce. The previous day, gold rose 12.30 cents, or the equivalent of 1.05%, to close at $ 1,186.80 per ounce of gold is likely to find support at $ 1,168.40 per ounce, its lowest price since May 1 andRead More →

SINGAPORE (Reuters) – Gold continued to rise for a third session on Wednesday, boosted by the weak dollar and US economic data boosted speculation that varying the Federal Reserve (Fed) will not raise interest rates soon. By 0615 GMT, the spot price of gold rose 0.2 percent to $ 1195.60 an ounce (an ounce) level just shy of $ 1,200 principal. And it contributed to several other factors, including high oil prices and the decline in global stock markets in strengthening demand for the metal, which is a safe haven. She said Jason Serisola trader at Group “received gold in support of the riseRead More →