Arab Today, arab today gold drops as stocks rise
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Gold drops as stocks rise

Arab Today, arab today

Arab Today, arab today Gold drops as stocks rise

Gold
Chicago - XINHUA

Gold futures on the COMEX division of the New York Mercantile Exchange posted on Monday the biggest daily drop in 2014 on gains of stocks.
The most active gold contract for August delivery dropped 30.7 dollars, or 2.3 percent, to settle at 1,306.7 dollars per ounce.
Sluggish physical demand also prompted investors to take profit on recent gains. India has decided to maintain its 10-percent import duty on gold, dampening gold demand expectations.
Investors are waiting for Federal Reserve Chairwoman Janet Yellen's testimony on Tuesday.
Market analysts believe that speculation is the major reason behind the latest rise in gold's price. Barclays expects 2014 average price of gold at 1,260 dollars per ounce, and predicts that gold will further drop to 1,200 dollars by the third quarter.
Silver for September delivery fell 54.7 cents, or 2.55 percent, to close at 20.914 dollars per ounce. Platinum for October delivery lost 20.8 dollars, or 1.37 percent, to close at 1,493 dollars per ounce.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today gold drops as stocks rise Arab Today, arab today gold drops as stocks rise

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today gold drops as stocks rise Arab Today, arab today gold drops as stocks rise

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally

GMT 04:37 2017 Thursday ,11 May

Tadawul index near flat on varying 1Q results
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday