Gold futures rose Monday, as stocks tumbled on Wall Street and the dollar index gained sharply, up 0.99 percent. Gold prices added $32.70 or 2.1 percent to reach $1,655 per troy ounce on the Comex division of the New York Stock Exchange. Silver futures also rose, adding 24 cents to $30.32 per ounce, up 0.79 percent. Oil prices went south, losing $2.50 to $76.64 per barrel with concerns over default in Greece casting a shadow of doubt over equity markets. The euro fell to $1.3187 from Friday's $1.3387. Against the yen, the dollar fell to 76.64 yen from Friday's 77.04 yen. The dollar rose against all other major currencies, as equities remained unattractive with Greece announcing it would not hit a key financial target set by the European Union and the International Monetary Fund. By missing the mark, Greece may be one step closer to default, given the targets are required for Greece to receive EU and IMF rescue loans. The British pound Monday was at $1.545 from Friday's $1.5586. The U.S. standard was 7.788 Hong Kong dollars from 7.7848 Hong Kong dollars Friday.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor