Gold futures missed establishing the previous session’s calm rally on Thursday, surging lower but remaining in a firm range as traders anticipate the main jobs data at the end of the week.
Gold to be delivered in April fell $2.60 or 0.2%, to $1,337.70 per ounce in electronic trade. May silver slipped 3 cents or 0.2%, to $21.25 per ounce. A day before, gold prices clawed back some of their latest losses as news of sluggish expansion in service sector firms supported draw buyers.
Before Friday’s jobs figures, factory orders, 4th quarter productivity, and household wealth comprised a fairly full calendar of economic report on Thursday. In metals trading, April platinum gained 70 cents to $1,477.30 per ounce. June palladium increased $2 or 0.3%, to $774.85 per ounce.
High-grade copper to be delivered in May gripped tight at $3.21 per pound.
The material has been provided by InstaForex Company – www.instaforex.com
Gold futures missed establishing the previous session’s calm rally on Thursday, surging lower but remaining in a firm range as traders anticipate the main jobs data at the end of the week.
Gold to be delivered in April fell $2.60 or 0.2%, to $1,337.70 per ounce in electronic trade. May silver slipped 3 cents or 0.2%, to $21.25 per ounce. A day before, gold prices clawed back some of their latest losses as news of sluggish expansion in service sector firms supported draw buyers.
Before Friday’s jobs figures, factory orders, 4th quarter productivity, and household wealth comprised a fairly full calendar of economic report on Thursday. In metals trading, April platinum gained 70 cents to $1,477.30 per ounce. June palladium increased $2 or 0.3%, to $774.85 per ounce.
High-grade copper to be delivered in May gripped tight at $3.21 per pound.
The material has been provided by InstaForex Company – www.instaforex.com
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