Gold Closes High, Following the Fall of Oil and Treasury Revenues – Money Times
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4 Articles
The prices of future gold contracts closed high, gaining ground with the fall of the dollar, which favors the commodities quoted in the American currency, while the revenues of the Treasures also retreated, favoring the precious metal. Exclusive material for subscribers. To have full access, access the link of the matter and make your registration.
Gold and silver prices rose at the close of trading on Tuesday, supported by a weaker dollar and lower US Treasury yields, as investors awaited the minutes from the Federal Reserve's September meeting. Gold for December delivery rose to $4,187.10 per ounce, up $30.30, or 0.73%. Silver for October delivery also rose to $61.168 per ounce, up $0.29, or 0.49%. Yields on the benchmark 10-year US Treasury note turned lower. [The article "Gold and Silv…
The most liquid gold contract closed high this Tuesday (6), in a session in which the fall in oil prices contributed to a fall in Treasury revenues, easing inflationary pressures in a way that favors metal. Still, the prospects of a more restrictive policy by the Federal Reserve (Fed) continue to limit [...]
At Comex, metal for December closed at 0.73%, at $4,187.1 per ounce-throy
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