gold prices near 1600 in asia
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Gold prices near $1600 in Asia

Arab Today, arab today

Arab Today, arab today Gold prices near $1600 in Asia

Singapore - Qna

Gold dropped further in Asian trade Thursday as the dollar strengthened while profits taking by investors are also weighed on the yellow metal. Gold for immediate delivery was seen trading at $1602.84 an ounce at 12.30pm Singapore time while US gold for December delivery was at $1609.04 an ounce on the comex division of Nymex. Analysts said the precious yellow metal is likely to extend losses during the day as investors backing on the dollar after European efforts to cool debt crisis remained in the corridor of uncertainty. They added that a strong dollar eased gold demand as an alternative investment, and concerns that the global economy will falter drove equities and raw materials lower. Meanwhile, equity markets across Asia dropped in early trade on mounting worries about Europe''s debt problems that might hit world economy hardly. Gold witnessed violent swings this month as it had plunged to a two-month low of $1,534.49 on Monday from a lifetime high around $1,920 an ounce struck in early September. On Wednesday, prices dropped as Gold for December delivery declined $34.40, or 2.1%, to settle at $1,618.10 an ounce on the Comex division of the New York Mercantile Exchange. Silver futures for December delivery declined $1.402, or 4.4%, to $30.134 an ounce in New York.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gold prices near 1600 in asia gold prices near 1600 in asia

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gold prices near 1600 in asia gold prices near 1600 in asia

 



GMT 10:35 2017 Saturday ,06 May

Outlasts Moriya in match play sibling duel

GMT 18:43 2018 Thursday ,06 September

Open sit-in protest against demolition of Khan Al-Ahmar

GMT 20:33 2017 Saturday ,08 July

US, Russia agree on ceasefire in southwest Syria

GMT 20:56 2017 Monday ,13 February

Netanyahu opposes Palestinian state

GMT 07:04 2017 Thursday ,16 March

Ministry of Justice celebrates Women World Day

GMT 17:51 2017 Monday ,23 October

Bahrain temporarily frees female activist

GMT 10:33 2018 Wednesday ,03 January

Govt striving hard to eliminate polio, hepatitis: Saira

GMT 00:38 2016 Monday ,19 December

Sisi leaves for Uganda on brief visit
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday