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Gold falls on rising U.S. Treasury yields
2024-01-11 00:00:00.0     星报-世界     原网页

       

       CHICAGO, Jan. 10 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as U.S. Treasury yields rose.

       The most active gold contract for February delivery fell 5.20 U.S. dollars, or 0.26 percent, to close at 2,027.80 dollars per ounce.

       Investors are waiting for the U.S. December consumer price index due out on Thursday and U.S. producer price index on Friday, to gauge the likely path ahead for U.S. monetary policies.

       In the near term, gold may find buyers on dips below 2,030 dollars, just above uptrend support, market analysts hold.

       The U.S. Commerce Department reported Wednesday that U.S. wholesale inventories fell 0.2 percent in November after falling by a revised 0.3 percent in October, in line with economists' expectation of a 0.2-percent fall.

       Silver for March delivery fell 2.50 cents, or 0.11 percent, to close at 23.066 dollars per ounce. Platinum for April delivery fell 13.90 dollars, or 1.47 percent, to close at 929.60 dollars per ounce.

       


标签:综合
关键词: February delivery     2,030     Wednesday     Gold futures     ounce     dollars     percent     uptrend    
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