Gold futures on the COMEX division of the New York Mercantile Exchange rose on Friday as bargain hunting caused a rebound after a two-day decline.
The most active gold contract for December delivery rose 2.7 U. S. dollars, or 0.22 percent, to settle at 1,231.8 dollars per ounce.
Gold futures were supported by safe-haven demand Friday as traders weighed concerns over the increasing number of Ebola cases in West Africa, and the first confirmed case of Ebola in the New York City.
On the economic front, the U.S. Department of Commerce released a report on Friday showing a bump in sales of newly-constructed single-family homes reached an annual, seasonally-adjusted rate of 467,000. Analysts said that this is evidence the recovery is happening, trimming some gold gains.
Silver for December delivery gained 2.4 cents, or 0.14 percent, to close at 17.182 dollars per ounce. Platinum for January delivery lost 4.1 dollars, or 0.33 percent, to close at 1,250.9 dollars per ounce.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor