Arab Today, arab today gold ends lower on strong us dollar
Last Updated : GMT 06:51:35
Arab Today, arab today
Arab Today, arab today

Gold ends lower on strong US dollar

Arab Today, arab today

Arab Today, arab today Gold ends lower on strong US dollar

Chicago - XINHUA

Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday, as a stronger U.S. dollar and a climb in U.S. equities lured some investors away from the precious metal. The most active gold contract for February delivery fell 6.7 dollars, or 0.4 percent, to settle at 1,655.5 dollars per ounce. The precious metal jumped by 15.9 U.S. dollars an ounce, or around 1 percent, on Tuesday, amid signs of increased demand in China in the run-up to the Chinese Lunar New Year. Some investors believe that quantitative easing of the U.S. Federal Reserve will come to an end as the U.S. economy improves in 2013. According to market analysts, this would likely provide a boost to the greenback, which tends to weigh on prices for dollar- denominated commodities such as gold. Gold fell on Wednesday as the dollar pushed higher against the Japanese yen after a short-lived corrective rebound that sent the Japanese currency higher. Investors also favored the U.S. equities, as the benchmark stock indexes went up after a two-day decline. However, some analysts believe that continued demand for gold from China would provide support for the precious metal. Silver for March delivery also fell 21.6 cents, or 0.71 percent, to close at 30.249 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 ends lower on strong us dollar Arab Today, arab today gold ends lower on strong us dollar

 



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 ends lower on strong us dollar Arab Today, arab today gold ends lower on strong us dollar

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
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 Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
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