Gold Continues to Fall
Gold Continues to Fall

Gold Continues to Fall

Gold Continues to Fall

Gold fell on Friday and was on track for its first weekly decline, its worst since November, on growing expectations of a US rate hike as early as this month, Reuters reported. Spot gold dropped 0.3% to $1,231.31 per ounce after hitting a low of $1,229.05 earlier in the session. The metal has lost nearly 2.3% so far this week. US gold futures fell 0.1% to $1,231. Initial support for gold sits around $1,230, while below this it might move to the 100-day average of $1,210.


Short URL : https://goo.gl/77eQdR
  1. https://goo.gl/6GxTNV
  • https://goo.gl/maqKKR
  • https://goo.gl/OuCt69
  • https://goo.gl/6tnQJ4
  • https://goo.gl/kzA5cG

You can also read ...

Shifting transactions from cash to digital payments holds great promise for  individuals, businesses and governments.
More than 23% of the world's economy operates out of sight of...
Federal Reserve Board Chairman Jerome Powell speaks during a hearing before the Senate Banking, Housing and Urban Affairs Committee.
US Federal Reserve Chairman Jerome Powell said protectionism...
India Launches 888 Anti-Dumping Probes
The Indian government has initiated as many as 214 anti-...
Africa Next Frontier for Crypto
Cryptocurrency is not bound by geography because it is...
Fitch Retains Philippine  Debt Rating
Global debt watcher Fitch Ratings kept the Philippines’...
EU to Fine Google $5 Billion
Google will be fined about €4.3 billion ($5 billion) by the...
The warnings come amid a period of financial uncertainty for the world.
US officials who helped the country survive the 2008 financial...
Copper Prices to Go on Steroids
Copper’s slump amid a deepening global trade conflict offers a...

Add new comment

Read our comment policy before posting your viewpoints