- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Reuters reported that slow growth in Chinese factory output increased hopes of monetary stimulus in China and led to a slight increase in gold prices.
Reuters reported that slow growth in Chinese factory output increased hopes of monetary stimulus in China and led to a slight increase in gold prices.
As quoted in the market news:
“Gold and silver are a bit higher on expectation of more QE after the weaker Chinese data, and they are getting some technical buying as prices stay above $1,600,” said Phillip Streible, senior commodities broker at futures brokerage R.J. O’Brien.
Spot gold inched up 0.2 percent at $1,614.13 an ounce by 12:32 p.m. EDT (1632 GMT).
U.S. COMEX gold futures for December delivery were up $1.10 an ounce at $1,617.10, with volume so far sharply below its 30-day average, preliminary Reuters showed.
Outlook Reports
Featured Precious Metals Stocks
Browse Companies
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2321.85 | -1.84 | |
Silver | 27.30 | +0.02 | |
Copper | 4.49 | +0.03 | |
Oil | 83.34 | -0.02 | |
Heating Oil | 2.58 | -0.01 | |
Natural Gas | 1.80 | -0.01 |
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.