Gold futures on the COMEX division of the New York Mercantile Exchange dipped slightly Friday as weaker than expected jobs report lent it a support. The most active gold contract for December delivery dropped 0.7 U.S. dollar, or 0.05 percent, to settle at 1,310.5 dollars per ounce. Gold prices dropped to 1,282.4 dollars per ounce in early electronic trading, and were then weighed on by the weaker-than- expected U.S. job data for July. U.S. Labor Department said only 162,000 jobs were created in July, falling short of the 180,000 expected by analysts. With the July employment weaker than expected, market analysts suspect whether there will be a delay in U.S. Federal Reserve's scale-back of its bond purchase. A weaker dollar also supports gold. Investors are looking forward to the U.S. Institute for Supply Management nonmanufacturing index scheduled to be released Monday. Gold prices lost 0.9 percent this week, the first loss in four weeks. Silver for September delivery gained 28.8 cents, or 1.47 percent, to close at 19.912 dollars per ounce. Platinum for October delivery rose 7.7 dollars, or 0.53 percent, to close at 1, 451.5 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