Thursday, January 10, 2013

Gold futures spike to session high as Draghi speaks

Gold futures rose to the highest level of the day during U.S. morning trade on Thursday, as the U.S. dollar came under heavy selling pressure after European Central Bank President Mario Draghi revealed the ECB was unanimous in its vote to leave interest rates unchanged.

On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,670.55 a troy ounce during U.S. morning trade, up 0.9% on the day. Continue Reading

By Investing.com

No comments:

Post a Comment