December gold prices fall more than 1% as gap with spot market narrows

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

December gold prices fall more than 1% as gap with spot market narrows Decembergold

- The gold market is seeing some significant weakness Tuesday as December futures contacts move closer in line with spot prices.

Jim Wyckoff, senior technical analyst at Kitco.com, noted that the spread between prices is"unusually wide." However, he added that some traders are now adjusting their positions as expectations start to shift following stronger-than-expected U.S. economic data. Stanley also said that he is still quoting August futures as expiration has just started. He pointed out that gold prices are holding crucial support above $1,942.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 13. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Miner's Drilldown: Weekly technical analysis of the top 10 gold and mining stocks - edition of July 31, 2023Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »

Silver price outperforms gold as market bets on Fed rate hike pauseKitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »