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Gold falls on U.S. dollar strength
2022-04-23 00:00:00.0     星报-世界     原网页

       

       CHICAGO, April 22 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday as the U.S. dollar rose.

       The most active gold contract for June delivery fell 13.9 U.S. dollars, or 0.71 percent, to close at 1,934.3 dollars per ounce.

       Investors are considering the long-term impacts of a more hawkish U.S. Federal Reserve, boosting the dollar and putting extensive pressure on gold.

       Gold was under additional pressure as the flash U.S. manufacturing purchasing managers index (PMI) released by S&P Global on Friday increased to 59.7 in April from 58.8 in March, a seven-month high and above economists' estimates of 58.2.

       Nevertheless, S&P Global's flash U.S. services PMI fell to 54.7 in April from 58.0 in March, a three-month low, giving gold some support.

       Silver for May delivery fell 36.2 cents, or 1.47 percent, to close at 24.259 dollars per ounce. Platinum for July delivery fell 40.4 dollars, or 4.17 percent, to close at 927.4 dollars per ounce.

       


标签:综合
关键词: June delivery     Gold futures     ounce     dollars     pressure     percent     April     dollar