PT Equityworld : GOLD PRICE Back Horn Markets, Precious Metals Approach 2,000 Level Again

PT Equityworld-Comex gold prices continue gains this morning, Tuesday (29/11/2016).

After yesterday rose 1.05% and terkerek to the level of 1190, on Tuesday, December Comex gold contract opened higher at US $ 2.4 or 0.20% to US $ 1,193.2 per ounce.

At pk. 6:18 pm, so Comex gold rose $ 3, or 0.25% to US $ 1,193.8 per ounce.

As we all know gold has left the 2,000 level since November 23.

Gold has even reached the lowest level in six months on 25 November 2016 at US $ 1178.4 per ounce.

Gold futures posted the largest increase in trade last four weeks, as the US dollar weakened.

The dollar index Aspad apenutupan Monday or Tuesday morning trading fell 0.33% to 101.16.

PT Equityworld : Gold Prices Rise After Retreat Dollar and US Treasury Yields

Gold has lost more than 6% this month, stressed the promise of American elected president Donald Trump to promote development that increased speculation the Federal Reserve will raise interest rates in December.

The condition is curbing demand for assets that do not deliver results, among other things gold.

"Rotation of gold as the dollar fell. Markets are also awaiting US employment data on Friday," said Jason Schenker, president of Prestige Economics LLC, as quoted Boomberg, Tuesday (11/29/2016).

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