Tuesday 22 November 2016

Gold prices regain some ground on weaker dollar

 Gold Trading Tips

Singapore/Malaysia : Gold costs ascended for a moment day on Tuesday bolstered by a facilitating US dollar and physical purchasing in Asia.

Spot gold was up 0.3 for every penny at US$1,217.54 an ounce by 0322 GMT. In the past session, the metal rose 0.4 for each penny, switching three sessions of misfortunes.

US gold prospects were up 0.6 for each penny at US$1,217.20 per ounce, subsequent to coming to as high as US$1,220.90 prior.


"Gold costs have considered in the December (rate climb) move. Presently it involves deal chasing," said Spencer Campbell, general administrator with Kaloti Precious Metals in Singapore/Malaysia.

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