Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
Gold Hits 5-wk High, Technicals Suggest More Upside
Gold prices are trading higher, have hit a five-week high and are heading for a technically bullish weekly high close on a Friday.
Friday June 02, 2017 12:53
Gold prices are trading higher, have hit a five-week high and are heading for a technically bullish weekly high close on a Friday, in midday U.S. trading action. Friday's good gains suggest there will be more upside price action in gold early next week. The gold market has been trending higher for the past three weeks. Friday's gains were also bolstered by a drop in the U.S. dollar index to a six-month low, following a downbeat U.S. employment report for May. August gold was last up $9.80 an ounce at $1,280.00.
gold prices
precious metals
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
Gold likely to average $1,215 an ounce in Q1 2018
BNP Paribas has upwardly revised its outlook for gold on scaled-back expectations for Federal Reserve monetary tightening.
Aug 9, 2017 17:06
CST
Gold Bulls Remain On A Roll; Next Target $1,300
Gold prices are slightly up and scored a four-week high in early U.S. trading Monday.
Jul 25, 2017 10:47CST
MOST POPULAR
data analysis
China Metals Market
Back to old version
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.