Gold falls with US dollar return.
Yesterday, the gold futures contracts on the New York Mercantile Exchange witnessed a decline with the return of the US dollar's position.
The most active gold contract for December delivery down to 14.5 U.S. dollars, to stabilate at 1,748 dollars per ounce.
The decline in gold is caused by the increase in US Treasury yields
The Fed's National Activity Index rose to 0.27, contravening the negative expectations of economists
Silver for September delivery down to 19.1 cents, to achieve 18.8 dollars per ounce. Platinum for October delivery down to 20 dollars, it means 868 dollars per ounce.
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Perhaps we might see silver at $21 before September ending
Posted Using LeoFinance Beta