Arab Today, arab today gold rallies on downbeat us employment data
Last Updated : GMT 20:36:21
Arab Today, arab today
Arab Today, arab today

Gold rallies on downbeat US employment data

Arab Today, arab today

Arab Today, arab today Gold rallies on downbeat US employment data

Spike Dahab
Chicago - XINHUA

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday as U.S. initial jobless claims rebounded, easing slightly worries about an earlier-than-expected rate hike.
The most active gold contract for December delivery gained 2.4 U.S. dollars, or 0.21 percent, to settle at 1,161.5 dollars per ounce.
The U.S. Department of Labor said initial jobless claims remained low while still rising 12,000 to 290,000 during the week ending Nov. 8. This is the highest reading in almost two months. The four week average rose 6,000 to 285,000, which analysts note is the highest reading in five weeks.
Additionally, New York Federal Reserve President William C. Dudley, known as on the dovish side, indicated at a speech in Dubai on Thursday that it is still too early to raise interest rates.
The U.S. dollar is also giving way to gold with the dollar index, a measure of the dollar's strength against six major currencies, dropping slightly on Thursday. Gold and the dollar typically move in opposite directions, and a rise in the dollar prompts investors to shift into equities, a higher-yielding asset.
Silver for December delivery lost 0.2 cents, or 0.01 percent, to close at 15.621 dollars per ounce. Platinum for January delivery lost 6.3 dollars, or 0.52 percent, to close at 1,199 dollars per ounce.

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 rallies on downbeat us employment data Arab Today, arab today gold rallies on downbeat us employment data

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets

GMT 16:09 2017 Monday ,27 March

Seoul shares end lower

GMT 13:54 2017 Monday ,27 March

Bahrain Bourse daily trading report

GMT 11:48 2017 Sunday ,26 March

US stocks decline on Trump policy uncertainty

GMT 19:32 2017 Saturday ,25 March

US Stocks Close Mixed

GMT 19:19 2017 Saturday ,25 March

Gold Prices Rise on Wednesday
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Nermein Al Fekki films “Foxes in the Valley”

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" 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