Gold prices staggers downward below $1,300

Discussion in 'Metals' started by Profiforex_Victory, Nov 3, 2016.

  1. Profiforex_Victory

    Profiforex_Victory Новичок

    Gold prices dropped down going below the $1,300-level in course of North American session today. This is a fall from its previous climb of a month high as US dollar began to pick up after the decision of Fed to still keep interest rates on a hold.

    Gold for December delivery on the Comex division of the New York Mercantile Exchange had fallen down by $14.85; this is an equivalent fall of 1.14%, amounting to gold dropping down to $1,293.35 a troy ounce .

    Just yesterday, gold prices had risen up to $1,309.30. This is actually the best we have seen in increases in gold prices since almost a month ago. Fears among traders have gone up again as it was reported that the FBI were still yearning to probe Hilary Clinton.

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