Gold Nears Three-Week High, Lifted by Low U.S. Inflation Data
Reuters reported that gold moved near a three-week high on Thursday, as investors gained confidence that the U.S. Fed may not scale back bond-buying immediately.
Reuters reported that gold moved near a three-week high on Thursday, as investors gained confidence that the U.S. Fed may not scale back bond-buying immediately.
As quoted in the market report:
Traders shrugged off tighter import rules in India and outflows from other gold ETFs, pushing up prices for a sixth session out of seven on the prospect of rising demand from investors and physical buyers.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1860.31 | -6.99 | |
Silver | 21.99 | -0.13 | |
Copper | 4.29 | -0.01 | |
Palladium | 2003.00 | +6.00 | |
Platinum | 955.00 | -1.00 | |
Oil | 111.04 | +1.27 | |
Heating Oil | 3.69 | +0.03 | |
Natural Gas | 8.92 | +0.12 |
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