PT Equityworld : GOLD PRICE Referendum Defeat Renzi Italian, Precious Metals directly jump to 1,180

PT Equityworld-Comex gold prices in trading this morning, Monday (05/12/2016) jumps to the level of 1180, after the distressed securities Trump and the possibility of Fed rate hikes in December 2016.

Comex gold February contract opened higher $ 4.8 or 0.41% to US $ 1,182.6 per ounce.
Gold breached 1,180 level.

At pk. 7:27 pm, so it rose to US $ 3.2 or 0.27% to US $ 1,181 per ounce.

Gold futures rose on when there are signs of political uncertainty, following Italian referendum held on Sunday.

"There is concern what will happen with this referendum. A bit of buying at the current gold market uncertainties," said Chris Gaffney, president of EverBank World markets St Louis as quoted by Bloomberg, Monday (05/12/2016).

PT Equityworld : Gold Prices Rise Supported Weekend weakening US dollar; Weekly Still Negative

As is known Italian referendum back to surprise, after the UK opted out of the EU.

Polls show about 59% of Italians voted against the plans of Prime Minister Matteo Renzi to control the power of the Senate of Italy.

As is known referendum on Sunday (12/04/2016).

"I have lost. We gave Italy the opportunity to change, but we did not succeed," Renzi said in a televised statement, as quoted by Bloomberg, Monday (12/05/2016).

Renzi is currently 41 years old.

Reuters suggests Renzi suffered a major defeat and sent the euro lower. Previously, Renzi has said he will resign if Italy refused his plan to reduce the role of the upper house Senate.

PT Equityworld

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