0 GOLD Daily and Weekly Chart (Comex)

Gold prices shot up on Friday as fears the Ukraine crisis will escalate bolstered the yellow metal's appeal as a safe-haven asset class, giving investors room to overlook an upbeat U.S. jobs report.

On the Comex division of the New York Mercantile Exchange, GoldFutures June delivery traded at 1,300.60 a troy ounce during U.S. trading, up 1.34%, up from a session low of $1,275.20 and off a high of $1,304.80.
The June contract settled down 0.96% at $1,283.40 on Thursday.
Gold prices shrugged off otherwise bearish data out of the U.S. labor market.
The Labor Department reported earlier that the U.S. economy added 288,000 jobs in April, beating expectations for a 210,000 increase. March's figure was revised up to a 203,000 rise from a previously estimated 192,000 gain.
The private sector added 273,000 last month, more than an expected 210,000 increase. In March, the number of private sector jobs was revised up to a 202,000 increase a previously estimated 192,000 rise.
The report also showed that the U.S. unemployment rate fell to 6.3% in April, from 6.7% the previous month, compared to expectations for a fall 6.6%.
Daily Chart :

Weekly Chart :


Post a Comment

Thanks for giving your valuable inputs, TRENDGURUS


We provide expert in our field. Over 8+ years of experience we will ensure that you are always getting good guidance from the top people in the industry.

Thought of the day

"The man who has minted money with both hands in the Indian stock market says wealth is important but is not the source of all happiness.", Rakesh Jhunjhuwala

Latest Updates

By Using this website\Blog, you agree to the Disclaimer provided at Disclaimer -|- Designed by Tritan Solutions Pvt. Ltd -|- Copyright © 2019 -|- All rights reserved