|
|
#1
05-06-2016, 01:46 PM
|
|||
|
|||
Gold struggles as dollar firms ahead of U.S. jobs data *
Gold looked likely to extend losses to a fifth straight session on Friday as the dollar rebounded ahead of US **n-farm payrolls data later in the session.
FUNDAMENTALS * Spot Gold was little changed at $1,276.80 an ounce by 0041 GMT after four days of losses. * The metal has closed lower every session this week despite hitting a 15-month top of $1,303.60 on Monday. * Gold is down 1.3 percent for the week, its biggest weekly drop in six though the direction could change depending on U.S. jobs data later. * The dollar rose to a one-week high against a basket of major currencies on Thursday after sliding to a 15-month low this week as traders closed out profitable bets against the greenback before the U.S. payrolls report. * Investors are eyeing U.S. eco**mic data to gauge the Federal Reserve's outlook on monetary policy. * The Fed raised rates for the first time in a decade in December from near zero but has since stood pat, in part because of global eco**mic uncertainty. * A strong payrolls numbers could prompt the Fed to raise rates sooner than later. * Eco**mists polled by Reuters forecast U.S. employers likely added 202,000 workers in April following a 215,000 increase in March with the jobless rate holding at 5.0 percent. * Gold is sensitive to interest rates and returns on other assets as rising rates lift the opportunity cost of holding **n-yielding bullion. * Assets in SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.47 percent to 829.44 tonnes on Thursday to the highest in over two years. * Silver demand hit a record high last year as increased buying by the coin and bar, jewellery and photovoltaic sectors offset weakness in industrial demand, a Silver Institute report showed on Thursday. * Soaring silver prices are changing the market's 2016 landscape as bargain-hunting coin buyers step to the sidelines, and futures and options participants take the reins, said Erica Rannestad, a senior analyst at GFMS. [IMG]http://feeds.feedburner.com/~r/com/YEor/~4/EC**I6jiuAs[/IMG] أكثر... ??????? ??????: Gold struggles as dollar firms ahead of U.S. jobs data * || ??????: ahlam1399 || ??????: اسم منتداك
|
|
|
العرض الشجري