Profile image
Story Views

Last Hour:
Last 24 Hours:

MTECHTIPS:-Gold prices lower in Asia as U.S. poll results, China prices, awaited

Wednesday, November 9, 2016 0:49
% of readers think this story is Fact. Add your two cents.

MTECHTIPS:-Gold prices lower in Asia as U.S. poll results, China prices, awaited



MTECHTIPS- Gold prices fell in early Asia on Wednesday as attention was squarely focused on U.S. election results with China prices data ahead noted as well. The first U.S. exit polls, which are a projection, are expected to come out on Tuesday night at around 7:00 PM ET (00:00 GMT on Wednesday). Results will be declared state by state. If the outcome is clear, the television networks are expected to make their official call at 11:00 PM ET (04:00 GMT Wednesday). Gold for December delivery on the Comex division of the New York Mercantile Exchange eased 0.43% to $1,270.95 a troy ounce. Also on the Comex, silver futures for December delivery dropped 0.48% to $18.282 a troy ounce. while copper futures were quoted flat at $2.377 a pound. In China, CPI figures for October are seen up 2.1% year-on-year with month–on-month data last up 0.7%. PPI figures are expected to show a 0.8% gain year-on-year. Overnight, gold prices held steady in a narrow range during North American hours on Tuesday, as investors adopted a wait-and-see approach before U.S. voters head to the polls to elect a new president. Global financial markets were rattled last week by signs the U.S. presidential election race between Democrat candidate Hillary Clinton and Republican nominee Donald Trump was tightening. However, hopes for a Clinton win mounted after FBI Director James Comey informed Congress over the weekend that it had “not changed its conclusions” on the private email server maintained by the Democratic candidate





We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.