• Gold fluctuates

Market news

3 April 2012

Gold fluctuates

 

Gold prices fluctuate against the U.S. publication of the report. For example, orders for durable goods in the U.S., according to revised data, in February rose 2.4% m / m. The comparable figure in the manufacturing sector in February showed an increase of 1.3% expected increase of 1.5%.

Investors are waiting for a new round of quantitative easing by Fed chairman Ben Bernanke. Today at 18:00 GMT will be published by the Federal Reserve meeting minutes of March 13. From the transcript of the market participants will understand how to evaluate the need to stimulate the economy heads of reserve banks.

April futures price of gold on COMEX today kept in the range of $ 1667.0 - $ 1679.5 per ounce.

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