The price of gold rose 2% U.S. economic data weakened to raise interest rates verbal jint

The price of gold rose 2% U.S. economic data weakened to raise the interest rate outlook Sina fund exposure platform: letter Phi lags behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! * the price of gold rose 2%, its best performance since June 24th * American service order sub index was weaker than expected * now expects the Fed is unlikely to raise interest rates this month * silver price hit more than two week high Reuters reported Tuesday, gold prices rose nearly 2%, recorded since June the largest single day percentage increase, due to the U.S. economy the data is disappointing, to further enhance the market for the board of Governors of the Federal Reserve (FED fed) policy meeting in September will not be increased. U.S. August non manufacturing new orders sub index fell to the lowest since December 2013. Spot gold rose fourth consecutive days, day high of $1351.84 an ounce, up by 1.9%, the biggest one-day gain since June 24th. 1820 GMT, gold rose 1.73% to $1349.29. U.S. gold rose 2% to $1354. The price of gold hit $two on Thursday at a low of $1301.91 a month, as the United States is expected to return to the interest rate hike on August, as the United States is expected to have a strong employment report. But after the rebound in gold prices, weaker than expected data. "There is no doubt that a series of weak economic data released over the past week reversed the precious metals market to the upside," said High Ridge Futures metals trading director David Meger. "Since the market does not have to worry about the interest rate hike is expected soon, I think this trend will continue." The dollar plunged on Tuesday more than 1%. Upcoming U.S. data and Fed officials will deliver a speech will be closely watched, looking for clues to raise interest rates. Bank of Holland analyst Georgette Boele said the Fed is expected to raise interest rates by 25 basis points in December, moderate economic growth, inflation is higher than the rate of economic growth, should support the price of gold in 2017. The Bank of Holland revised its forecast for gold and silver prices this year on Tuesday. Spot silver hit $20.13 an ounce over a high of more than three weeks. South Africa’s largest platinum miners union said on Monday that it failed to reach a consensus on the pay issue with the miners, increasing the possibility of taking action. South Africa is the world’s largest producer of platinum. Platinum performed better than other precious metals, up 3.2%, close to a high of $two a week, spot palladium rose by $2.7%, at $696.72. Enter the Sina financial stocks] discussion相关的主题文章: