Gold adds in Asia on London attacks

Gold adds in Asia on London attacks

On Monday, gold gained support in Asia, following a weekend attack in London, which killed people. Moreover, Egypt as well as key Gulf Countries suddenly snapped commercial and diplomatic ties with Qatar, accusing this country of terrorism support.

June delivery gold futures grew 0.19%, being worth $1,282.61 a troy ounce in New York.

The previous week on Friday, gold tacked on to its highest value in over than a month after a dismal American employment report underlined the case for the Fed to proceed with lifting rates at a gradual tempo.

The previous month, the American economy managed to gain up to 138,000 jobs, as the Labor Department informed, thus falling far short of experts’ expectations for 185,000 new jobs.

The unemployment rate declined to a 16-year minimum of 4.3%.

The vast majority of analysts are assured that the dismal data won’t prevent the Fed from lifting interest rates at its gathering later this month.

Similar

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera