Gold futures on the COMEX division of the New York Mercantile Exchange on Friday soared to close at the highest level since Dec. 11 on disappointing U.S. job data, wrapping up the week with a gain of 0.7 percent. The most active gold contract for February delivery rose 17.5 dollars, or 1.42 percent, to settle at 1,246.9 dollars per ounce. U.S. Labor Department reported Friday that the country added just 74,000 jobs in December, the smallest gain in three years and far below the market forecast for an increase of 193,000 jobs. The disappointing job data left investors to doubt the strength of economic recovery. Market analysts believe it is very likely for gold to break the level of 1,250 dollars per ounce early next week. But only when gold prices stand above 1,300-dollar mark can one say that gold has entered an upward trend. Silver for March delivery gained 54 cents, or 2.74 percent, to close at 20.223 dollars per ounce. Platinum for April delivery added 17 dollars, or 1.2 percent, to close at 1,436.9 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