Sponsored Links
Gold continued to climb into unchartered territory on Thursday as the dollar remained weak versus its major rivals.
December-stamped gold closed at $1,055.40, up $11.70 on the session. The metal earlier hit a new record intraday high of $1,060.40.
Gold hit record intraday and closing highs for a third straight session as traders continue to flock to the precious metal as a safety investment. When adjusted for inflation, it should be noted gold moved near $2,000 back in 1980.
The dollar hit a two-week low against the euro and also saw weakness against the British pound as higher global stocks added to risk appeal. The European Central Bank and Bank of England both maintained their key interest rates, as expected.
On the economic front in the U.S. a Labor Department report showed that jobless claims fell to 521,000 from the previous week's revised figure of 554,000. Economists had expected claims to fall to 540,000 from the 551,000 originally reported for the previous week.
On Friday, international trade data is expected at 8:30 a.m. ET. A deficit of $32.9 billion is forecast, compared to a deficit of $32.0 in July.
0 komentar:
Post a Comment