Gold rallies to 3-week maximum

Gold rallies to 3-week maximum

On Tuesday, gold reached a three-week maximum, while the greenback demonstrated little movement because trading volumes were believed to remain suppressed during the holiday season.

Comex gold futures rallied 0.28% being worth $1,282.30 a troy ounce, which is off its intraday maximum of $1,283.50 - its highest value since December 1.

The US currency was nearly intact, with Wall Street getting ready to resume trading after the Christmas holiday. The vast majority of European stock markets were unavailable on Tuesday due to Boxing Day and approaching New Year. In general, trading was supposed to stay thin.

Assessing the US dollar’s value versus a basket of six crucial currencies, the US dollar index rallied 0.14% being worth 92.97.

Aside from that, silver edged up 0.22% hitting $16.48 a troy ounce. As for platinum, this commodity inched down 0.13% reaching $924.50 a troy ounce. Copper surged 0.66% trading at $3.260 a pound, while palladium gained 0.63% being worth $1,036.00 a troy ounce.



Gold slumps to 1-week minimum as greenback is still backed

On Wednesday, gold declined to one-week minimum because strength in the evergreen buck kept weighing, in spite of the fact caution ahead of the minutes of the Fed’s latest gathering along with uncertainty surrounding a huge American debt auction this…


EU shares mostly inch down

On Friday, EU shares mostly traded lower because markets were busy with digesting comments by ECB President Mario Drgahi…

promotions you can be interested in

Deposit with your local payment systems


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