Commodities

Gold declines for second session, dollar hits year peak

2018-08-10 08:30:11 GMT (Economies.com)

Gold futures titled lower in Asian trade as the dollar index scaled July 11, 2017 highs, ahead of crucial US consumer prices data later today. 

 

As of 06:59 GMT, gold futures due in December retreated 0.30% to $1,216.20 an ounce, while the dollar index rose 0.51% to 95.99 against an array of major rivals, marking year highs. 

 

Now markets await US data on consumer prices, expected to have increased by 0.2% in July, up from 0.1% in June, while core prices are estimated with a 0.2% rise, same as before. 

More News

Risk Disclaimer : MetaPlace Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore MetaPlace Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.