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Pip or A point in price, is the standardized measure of change in a currency pair in forex market. It is the smallest unit of measurement by which a currency quote can change. It is the increment that will be referred when the price chance.

Author Topic: Gold Future rises this morning  (Read 127 times)

benito

  • Guest
on: January 13, 2020, 01:40:58 AM
Gold spot price - Future plus this morning After a sluggish US employment numbers boosting the purchase of safe assets

Gold prices, spot markets and futures markets rose this morning. Due to lower-than-expected US non-farm payroll numbers, stimulating the purchase of gold as a safe asset. While investors are still keeping an eye on the situation in the Middle East closely. After the Iranian army admitted that Had accidentally shot down a passenger plane of Ukraine Which resulted in widespread protests in Iran

At 07.38 hrs. Thai time, spot gold prices rose 2.19 dollars or 0.14% to 1,559.69 dollars / ounce.

Gold for COMEX (Commodity Exchange) in February, which traded electronically, plus 70 cents, or 0.04 percent, to 1,560.80 dollars / ounce.

Huntton, an analyst from FXTM Company, said: The price of gold rose above the psychological important line at 1,550 dollars / ounce. After the US revealed non-agricultural employment numbers increased by just 145,000 positions in December. Which is lower than analysts had forecasted at 160,000 positions

Investors keep an eye on the Middle East situation closely. After the Iranian army has accepted that Shot down a passenger plane in Ukraine. By accidentally firing And is a human error While many Iranians protested to show dissatisfaction with the action.



 

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