Gold & silver gain traction as inflation dominates market sentiment

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 78%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Gold & silver gain traction as inflation dominates market sentiment

Gold and silver futures are trading higher as market participants continue to react to multiple events. As of 3:03 PM EST gold futures basis the December contract is currently up $8.60 or 0.49% and fixed at $1748.90. The December contract will soon move to the first notice day with the most actively traded contract month moving to February 2023 which is currently fixed at $1763.60 after factoring in today's gain of $8.30.

Concern regarding China's economy based on their Covid restrictions diminished today resulting in a strong rally in Chinese equities last night. Tomorrow Chairman Powell will deliver a speech sponsored by the Brookings Institution in Washington. Typically, the chairman would focus on the labor market at this venue however, he is expected to clarify the Federal Reserve's upcoming rate hikes. It is hoped that his statements will reduce the consumer angst from recent hawkish statements made by multiple Federal Reserve officials. Last week James Bullard President of the St.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 13. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Gold stocks & gold: a bullish divergenceKitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
ソース: KitcoNewsNOW - 🏆 13. / 78 続きを読む »