Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By MTECHTIPS
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

MTECHTIPS;- Gold slips on firm dollar, positive China factory data

Monday, December 2, 2019 7:10

% of readers think this story is Fact. Add your two cents.

MTECHTIPS;- Gold slips on firm dollar, positive China factory data

MTECHTIPS-Gold prices fell on Monday as investors turned to riskier assets on signs of economic growth following reports of an expanding Chinese factory sector and a rising dollar reduced demand. Spot gold fell 0.3% to $1,459.23 per ounce by 0332 GMT. Prices earlier touched their highest since Nov. 22. U.S. gold futures shed 0.5% to $1,465.30. “A slightly stronger dollar has weighed on investor appetite for gold, as well as some slightly more positive data, so this is causing gold to drift a little bit lower,” ANZ analyst Daniel Hynes said. An unexpected expansion in factory activity during November in China, the world’s second-largest economy and biggest gold user, spurred investors into equity markets and reduced the interest in safe-haven bullion This followed official government data on Saturday that also showed an expansion. Investor demand for gold was further pressured by the rising dollar, which makes dollar-denominated gold more expensive for buyers using other currencies. The uncertainty around a resolution to the 17-month-old trade dispute between the United States and China has supported gold, with reports that a preliminary agreement has now stalled because of U.S. legislation supporting protestors in Hong Kong and Chinese demands that the United States roll back its tariffs as part of phase one deal

MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips

WWW.MTECHTIPS.COM

07489294118-119

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,604,470,450
Stories:	8,153,327