February 02, 2018
ma
The gold price futures contract rose during the US session amid a decline in the US dollar index according to their inverse relationship, following developments and theeconomic data we followed on Tuesday by the US economy, the world's largest economy, which included The launch of the Commission's meeting Federal Open Market in Washington.At 3:06 pm GMT futures for gold prices rose 15 April next April, 0.36 percent for the time being. At $1,349.90 of the ounce compared to the opening at$1,345.10 of the ounce, amidst the US dollar index of 0.37% to 88.98 levels compared-opening at 89.31. We have a followed up on the American economy revealing thestandard and poor house price index reading which showed The acceleration of growth to 6.41% compared to 6.32% on October last October, it's been superior to expectations at 6.3%, and it's came before we saw the release of the consumer confidence index which showed Expanded to 125.4 vs. 122.1 on December last December, so superior To Outlook at 123.2. Otherwise, investors are now drawing attention to theoperated of the federal Open Market Commission meeting 30/31 January January and which's the last meeting of the monetary policy makers of the federal Reserve under the leadership of the Federal Reserve Bank Janet Lynn before we analysing it the next month a member of the federal Open Market, Jerome Powell, would be in office and lead the Federal Reserve.
