Gold falls even when the dollar goes down

الكاتب : khaled التاريخ : December 01, 2017

Gold falls even when the dollar goes down

Gold falls even when the dollar goes down

Gold futures were the lowest in US trading since November 20, the dollar index returned after a series of data from the US, the world's largest economy, and speeches by Fed officials.

Gold falls even when the dollar goes down

On December 16, December 16 gold futures fell 0.26% to $ 1,282.80 an ounce after opening $ 1,286.20, while the dollar index fell 0.27% to hit 92.92 The opening of 93.16 grew.



Earlier US data show that private spending rose 0.3% in October and revised sharply from 1.09% from 0.9% in September, while analysts anticipated a gain of 0.2%.



The US accounts in October by 0.4%, also in September, while the expectations of analysts were exceeded by 0.3%.



In the year the PCE Price Index in September at 0.1%, I would be sure that I stabilized in the previous month and by 1.4% yoy.



US unemployment claims fell to 238 thousand in the week ended November 25, from 241 thousand as against the previous estimate of 240 thousand. From 239 thousand upwards, while current claims of 1,915 thousand were up 42 thousand On 1.957 million stairs. Expectations of 1.890M.



Chicago PMI hits 63.9 in November from 66.2 in October and expects expectations of 62.2 as Federal Reserve Governor Randal Quarles talks about payment systems at the Financial Stability and Fintech Conference in Washington DC as Federal Reserve Bank of Dallas President Robert Kaplan will also attend one To take panel discussion on the real estate council in Dallas.