Gold rose on Thursday, keeping the gains which made in the previous session when it climbed 1.5 % to its highest level in two weeks due to the dollar's decline after the Federal Reserve kept the interest rates unchanged
The Fed expects that risks of the economic in the near term faded as likely to lead to a resumption of monetary tightening this year. However, the US central bank gave no indication on whether it will raise interest rates at its next meeting in September, the US Federal makes the world in the case of patience for further rising of the interest , and therefore more gains for gold
Gold rose in instant transactions 0.2 % to $ 1341.60 for the ounce at 07:15 GMT. yesterday the yellow metal on Wednesday reached to the highest level since 14 July at $ 1342.18 for ounce
Gold rose in US contracts 1.1 % to $ 1341.40 for ounce. and the US Dollar index fell which measures the US currency's performance against a basket of six other currencies 0.4 % to 96.637 after rising earlier this week to 97.569, its highest level since March
No comments:
Post a Comment