Gold futures on the COMEX division of the New York Mercantile Exchange slipped at the close of trading Wednesday (Thursday morning GMT), due to a stronger stock market the United States (USA) and translucent dollar record high in four years.
Reporting from Xinhua on Thursday (25/09/2014), the most active gold contract for December delivery fell $ 2.5 or 0.2 percent to $ 1,219.5 per ounce.
Gold prices fall as a result of sustained dollar rally. ICE dollar index, the size of the currency against six major rivals, jumped above 85, seen since July 2010 the same index showed an increase of more than 6 percent in the third quarter of 2014.
A report released by the Commerce Department showed new home sales jumped 18 percent berduuga not in August. Gold does not extend losses after the release of this report, but the strengthening of the dollar price of gold continued to press.
Not only gold, silver prices for December delivery also lost $ 7.7 cents, or 0.43 percent to $ 17,702 per ounce. Platinum for October delivery fell $ 13.3 or 1 percent to $ 1,319.4 per ounce. (NDW)
News Source: liputan6.com
Reporting from Xinhua on Thursday (25/09/2014), the most active gold contract for December delivery fell $ 2.5 or 0.2 percent to $ 1,219.5 per ounce.
Gold prices fall as a result of sustained dollar rally. ICE dollar index, the size of the currency against six major rivals, jumped above 85, seen since July 2010 the same index showed an increase of more than 6 percent in the third quarter of 2014.
A report released by the Commerce Department showed new home sales jumped 18 percent berduuga not in August. Gold does not extend losses after the release of this report, but the strengthening of the dollar price of gold continued to press.
Not only gold, silver prices for December delivery also lost $ 7.7 cents, or 0.43 percent to $ 17,702 per ounce. Platinum for October delivery fell $ 13.3 or 1 percent to $ 1,319.4 per ounce. (NDW)
News Source: liputan6.com
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