Gold Rises with a Fall in Treasury Interest, Despite the Fed's Decision
4 Articles
4 Articles
The gold recovered the losses suffered after the closing of Wednesday (16), caused by the increase of the interest rate by the Federal Reserve (Fed). Future contracts of the precious metal closed this Thursday (17) in high. The fall of the revenues of the Treasures, the relief in the oil prices and the devaluation of the dollar gave support for the gold record the second consecutive session of gains. At Comex, the division of metals of the New Y…
Economy: Direct - Gold prices rose slightly during Friday's dealings, supported by the dollar's decline and the continued decline in oil prices, at a time when the repercussions of the Fed's decision to raise...
Despite the Fed's interest rate hikes, gold began to rise, supported by volatility in oil prices and a weakening dollar. Gram gold started the last day of the week higher.
At Comex, metal for December closed at 0.28%, at $4,399.7 per ounce-throy
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