Gold prices nudged lower early Thursday, after gaining nearly one percent in the previous session on weaker U.S. economic data and concerns by some Federal Reserve policymakers about lower inflation.
Fundamentals
Spot gold was down 0.1 percent at $1,290.74 per ounce by 0109 GMT.
U.S. gold futures for December delivery edged 0.1 percent lower at $1,290.70.
New orders for key U.S.-made capital goods unexpectedly fell in October after three straight months of hefty gains, but a sustained increase in shipments pointed to robust business investment and economic momentum as the year winds down.
Asian shares edged ahead on Thursday as speculation the Federal Reserve might not tighten U.S. policy as aggressively as first thought slugged the dollar and boosted bonds globally.
Trading Tips And More Profit In Stock Market So Visit - https://goo.gl/5HW7RT Or Give A Missed Call@9713040450.
No comments:
Post a Comment