|09-10-2014, 06:20 PM||#1|
Gold still trading near a 3-Month low and crude is consolidating
Gold plunged today in New York and is actually trading close to three-month low in New York as a stronger dollar corroded its appeal and demand and investors weighed signs of easing tensions over Ukraine.
While that crude is narrow trading and extended its advance from a seven-month low in New York, heading for the biggest gain in almost a week before data forecast to show U.S. crude inventories fell.
Beside that there is a lack of data released today and we should keep in our minds last week’s jobs report where the U.S. job creation slowed to its lowest pace of the year in August, a stumble for the labor market that had seen a stretch of steady 200,000-plus gains over the past six months.
Non-farm employment advanced a seasonally adjusted 142,000 in August, according to the Labor Department.
Accordingly the gold is so far trading around $1249.45 an ounce recording a high of $1257.95 ounce and a low of $1247.70 an ounce and crude is trading around $92.95 a barrel recording a high of $93.92 a barrel and a low of $92.52 a barrel.
|مواقع النشر (المفضلة)|
|الذين يشاهدون محتوى الموضوع الآن : 1 ( الأعضاء 0 والزوار 1)|
|أدوات الموضوع||إبحث في الموضوع|
|انواع عرض الموضوع|
|الموضوع||كاتب الموضوع||المنتدى||مشاركات||آخر مشاركة|
|Gold jumps on soft NFP, crude oil little changed||Hazem Ahlawy||Gold, Silver & Oil||0||09-07-2014 02:26 AM|
|Crude oil futures retreat as U.S. dollar hits 14-month high||Hazem Ahlawy||Gold, Silver & Oil||0||09-05-2014 12:31 AM|
|Gold hits three-month low as dollar builds up||Hazem Ahlawy||Gold, Silver & Oil||0||09-03-2014 05:18 AM|
|Gold and crude consolidate on a calm day in New York||Hazem Ahlawy||Gold, Silver & Oil||0||08-26-2014 02:30 PM|
|Gold trades near two-month low on stronger dollar||Hazem Ahlawy||Gold, Silver & Oil||0||08-25-2014 01:13 PM|