Gold prices have stabilized after falling to their lowest level in seven weeks on Tuesday, as stocks and the dollar rose in Asian trade thanks to strong economic data and rising US Treasury yields.
Spot gold fell 0.1 percent to $ 1269.71 an ounce by 7:13 GMT after touching earlier its lowest level since mid-August at $ 1267.76 an ounce.
In US December delivery contracts, gold fell 0.3 percent to $ 12722.60.
Today, the greenback rallied against the yen, climbing to its highest level since mid-August against a basket of major currencies and continued gains in the previous session thanks to rising US Treasury yields and strong industrial production data.
Among other precious metals, silver fell 0.1 percent to $ 16.53 an ounce after retreating earlier to its lowest level since Aug. 9 touched on yesterday.
Platinum and palladium rose 0.2 percent each and platinum scored $ 912.40 an ounce and palladium at $ 911.50. Last week, the price of precious metals was first measured in 16 years.
Source
Aucun commentaire:
Enregistrer un commentaire