Spot gold is relatively stable on Monday, after slipping nearly 1 percent in the previous session, while the dollar mixed - down against the euro but rose versus some other currencies, and holidays in Australia, is expected to create anxiety in the trade.
FUNDAMENTALS
* Spot gold fell 4 cents to $1,530.99 an ounce by 0118 GMT, after ending last week half a percent lower.
* U.S. gold edged up 0.2 percent to $1,532.30.
* The dollar fell 0.1 percent versus the dollar, by rose 0.05 percent against a currency basket .DXY.
* Bullion came under pressure after Wall Street resumed its slide following weaker Chinese trade data last week..N
* More data is scheduled to be released from the world's top gold producer, including inflation where the market expects a small rise to 5.4 percent in consumer prices.
* Support for gold was seen at its 20-day moving average of $1,524, a level it has held for the past three weeks.
* Silver rose 0.2 percent to $36.21 after slipping more than 3 percent on Friday.
Precious metals prices 0118 GMT
Metal Last Change Pct chg YTD pct chg Volume
Spot Gold 1530.99 -0.04 -0.00 7.86
Spot Silver 36.21 0.08 +0.22 17.34
Spot Platinum 1825.24 1.49 +0.08 3.27
Spot Palladium 811.75 1.80 +0.22 1.53
TOCOM Gold 3972.00 -8.00 -0.20 6.52 30344
TOCOM Platinum 4772.00 -3.00 -0.06 1.62 3269
TOCOM Silver 93.90 -2.40 -2.49 15.93 650
TOCOM Palladium 2108.00 13.00 +0.62 0.52 149
COMEX GOLD AUG1 1532.30 3.10 +0.20 7.80 3704
COMEX SILVER JUL1 36.24 -0.09 -0.25 17.11 6724
Euro/Dollar 1.4337
Dollar/Yen 80.50
TOCOM prices in yen per gram. Spot prices in $ per ounce.
COMEX gold and silver contracts show the most active months
Source
Spot gold and Spot silver are stable
Diposting oleh jim | 22.42 | Commodity, finance/investment, Gold, market, Metals, Silver | 0 komentar »
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