Gold prices were flat Wednesday morning in quiet trade, as as many market players remained away from their desks for the holidays.
The next catalysts will come after the the turn of the new year with the release of the U.S. labor report for December.
Gold was up 80 cents at $1288 an ounce, holding near 4-month highs from the previous session.
The Conference Board’s Consumer Confidence for December will be released at 10.00 am ET. The economists are looking for a reading of 128.0, down from 129.5.
The Pending Home Sales Index for November is expected at 10.00 am ET. The consensus is for 0.5 percent growth, compared to 3.5 percent in September.
The material has been provided by InstaForex Company – www.instaforex.com
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
