Ikon forex "Spot gold got stabilized, strong USD limited the rebound space of gold"
International spot gold price got stabilized at below 1350 US dollars on Friday (January 21), and the slump amount for the single day was about 2 percent in the previous trading session. Affected by the spur of strong economic basic performance for USD, strong USD continuously limited the space of the rebound of the gold price.
The spot gold price in the Asia forex market slightly went up by 0.1 percent to 1346.91 US dollars, and it repeatedly went down to the lowest point for two months in the market at 1342.65 US dollars per ounce. Gold futures in US which were due in February went down by 0.3 US dollars to 1346.2 US dollars per ounce.
Spot silver went down by 0.14 US dollars to 27.59 US dollars per ounce, and left the lowest point for two months in the market at 27.40 SU dollars per ounce. The slump amount had accumulatively reached 11 percent in this year.
Supported by the advantage economic data, USD index stabilized the surging amount early in the forex market on Friday and got stabilized at 78.85.
The spot gold price was at 1347.00 US dollars per ounce at 10:23 Beijing time.
Edited by Laura in Ikon Group.
International spot gold price got stabilized at below 1350 US dollars on Friday (January 21), and the slump amount for the single day was about 2 percent in the previous trading session. Affected by the spur of strong economic basic performance for USD, strong USD continuously limited the space of the rebound of the gold price.
The spot gold price in the Asia forex market slightly went up by 0.1 percent to 1346.91 US dollars, and it repeatedly went down to the lowest point for two months in the market at 1342.65 US dollars per ounce. Gold futures in US which were due in February went down by 0.3 US dollars to 1346.2 US dollars per ounce.
Spot silver went down by 0.14 US dollars to 27.59 US dollars per ounce, and left the lowest point for two months in the market at 27.40 SU dollars per ounce. The slump amount had accumulatively reached 11 percent in this year.
Supported by the advantage economic data, USD index stabilized the surging amount early in the forex market on Friday and got stabilized at 78.85.
The spot gold price was at 1347.00 US dollars per ounce at 10:23 Beijing time.
Edited by Laura in Ikon Group.