Investors pay attention to the monthly data of The China’s transformative industries sector, which will be an indicator on the leverage of the world’s second-largest economy. It is worth mentioning that the Energy markets will pay attention to the long-awaited OPEC’s formal meeting in order to know the decisions which …
Gold prices have been stable for today; Friday, at the European market within a limited range of trading close to the high over one week, driven by the fall of the US dollar against a basket of global currencies. It is expected that upon overtaking this level, prices will achieve …
Posted ByMohammad Abdelkhalik
Category Daily FX News
Gold prices rose, in the European Markets on Tuesday, to be steady above the lowest recorded level over a week, at earlier time in yesterday’s trading, during which gold prices incurred the biggest daily loss in five months driven by the rise of the US dollar and the US bond …
Posted ByMohammad Abdelkhalik
Category Daily FX News
Gold prices fell slightly at European market on Thursday, in the continuance of the downward correction for the second day in a row from the highest level in four weeks, as the US dollar stopped falling against a basket of world currencies. Gold prices fell 0.1% to 09:35 GMT to …
Posted ByMohammad Abdelkhalik
Category Daily FX News
Gold prices have largely declined at European market on Tuesday, hitting its lowest level over one week, pressured by the increase of short-term and long-term US bond yields, which are backed by strong prospects of raising US interest rates at the middle of the coming month. Gold prices fell 0.4% …
Posted ByMohammad Abdelkhalik
Category Daily FX News
Gold prices retreated on Tuesday at the European market in continuance of losses which were temporarily halted yesterday; this fall comes along with drop in most US dollar-denominated metals, in concurrence with the weak investment demand for the metal as a safe haven amid strong gains in global equity markets. …
Posted ByMohammad Abdelkhalik
Category Daily FX News
Gold futures fluctuated within a relatively narrow range during today’s US session following the decline of the US Dollar Index after US released important economic data and looking forward to the announcement of the US President Donald Trump to reveal his candidate to head the Federal Reserve. At 02:56 p.m. …
Posted ByMohammad Abdelkhalik
Category Daily FX News
Gold prices fell on the European market on Wednesday to continue the downward correction from the highest level in seven weeks, as investors began to take profits, ahead of the release of new data on the US labor market, which is expected to provide new evidence on the opportunities to …
Posted ByMohammad Abdelkhalik
Category Daily FX News
Gold prices settled in the European market on Friday in a limited range of trading as investors awaited US economic growth data for the second quarter of 2017, which could revive the prospect of accelerating US monetary tightening this year. Gold prices are trading at $ 1299.60 an ounce …
Posted ByMohammad Abdelkhalik
Category Daily FX News
Gold prices fell on the European market on Wednesday, continuing to retreat for a second day in a correction from the highest level in five weeks, and the recovery of levels of the USD against a basket of global currencies, this comes ahead of the decisions and the statement of …