Price of Gold News

New York gold market closed last night (Apr 2) is driven by the depreciation of the U.S. dollar. After it was reported that the U.S. manufacturing sector grew stronger than expected. Gold futures market, COMEX (Commodity Exchange) for June. It. Increase of $ 7.8 billion or 0.5% to close at 1,679.7 / oz. After moving between 1,664.40 to 1,685.40 dollars. Xinhua news agency said citing a report by analysts said. Gold futures have been driven by the dollar weakening against other major currencies. This allows for the commodities including gold. The appeal. Dollar weakened after the U.S. Institute for Supply Management (ISM) said its U.S. manufacturing index rose to 53.4 in March reached. C. From 52.4 in February. Wed, higher than economists. projected at 53.

New York gold market closed last night (29 Mar) due to pressure from the appreciation of the U.S. dollar and a decline in the stock market and oil market is also another factor to the gold haul. up.

Gold futures market, COMEX (Commodity Exchange) for June. It. Fell 05.06, or 0.34% to close at 1,654.9 billion dollars / ounce.

Euro weakened against the dollar United. In trading on the New York Stock Exchange last night (Mar 29) as investors, seem to be aware that the Spanish government to propose a draft budget to Parliament on the weekend. As well as concerns about the spread of the debt crisis in Europe. The Standard & Poor’s (S & P) warned that Greece might have to be restructured again.

The U.S. dollar was down 0.52% against the yen to 82.420 yen from 82.850 yen, but up 0,014%, compared with CHF at 0.9065 francs from 0.9052 francs.