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Gold rose in price to a maximum of two weeks against the background of the euro rising

08.06.2018 14:59:16

On Thursday at 13:46 Moscow time, gold prices rose to 1 thousand 298 dollars 76 cents per troy ounce from 1 thousand 296 dollars per ounce at the closure of trading on Wednesday. The price of August gold futures in the US rose by 1 dollar 85 cents to 1 thousand 302 dollars 90 cents per ounce. Against the background of increased expectations of the European Central Bank's curtailment of the program of buying up assets, the euro rose to a maximum of two weeks against the dollar. Investors are also waiting for the meeting of the Federal Reserve and the US and North Korean summit next week and the meeting of the G7 heads of state this Friday in Quebec.

Latest News

29.07.2020 11:00:24

Dollar sits near two-year lows ahead of Fed policy meeting

The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...

27.07.2020 13:00:22

Oil falls on rising coronavirus cases, U.S.-China conflict

Oil prices fell on Monday as a surge in coronavirus cases and the escalating U.S.-China tensions prompted a safe-haven bid. Brent crude slid 0.2%, or 8 cents, at $43.26 per barrel. U.S. West Texas Intermediate crude fell 0.2%, or 7 cents, ...

24.07.2020 11:00:24

Euro, gold hit record highs as Dollar weakens amid record U.S. unemployment claims

Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...

21.07.2020 13:00:23

Dollar under pressure; Euro, Sterling strengthen on summit agreement

The Dollar fell on Tuesday, with the Euro and the British Pound Sterling gaining strength on the back of news that European Union leaders have agreed to roll out additional recovery funds in the region. New hopes for a potential COVID-19 vaccine ...

21.07.2020 12:00:42

Gold rises on hopes of U.S., E.U. stimulus measures

Gold prices rose earlier on Tuesday morning in Asia on the back of renewed hope as the U.S. and the Europe pledged on additional stimulus packages. In the U.S., another round of stimulus measures is underway in Congress, as previous stimulus ...

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