Gold futures on the COMEX division of the New York Mercantile Exchange dropped for the fifth session in a row Wednesday as investors looked to the Congressional testimony of Federal Reserve Chairwoman nominee Janet Yellen slated for Thursday for hints on Fed's next step. The most active gold contract for December delivery dropped 2.8 dollars, or 0.22 percent, to settle at 1,268.4 dollars per ounce. Investors are now eager to hear the congressional testimony Thursday from Janet Yellen on how she plans to perform her duty as Fed chairwoman. The communique of the Third Plenum of the 18th Central Committee of the Communist Party of China (CPC) offered little hints, as the world's second largest economy has targeted most of its reforms on sustainability rather than rapid growth. Market analysts are worried that slowed economic growth may diminish China's physical demand for gold. Silver for December delivery lost 33.6 cents, or 1.62 percent, to close at 20.442 dollars per ounce. Platinum for January delivery dipped 7.6 dollars, or 0.53 percent, to close at 1,432 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