XAUUSD Bulish Move
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World gold spot price stands around 1,838.2 USD/ounce, up 13.8 USD/ounce compared to last night. Gold futures price for December delivery on Comex New York floor is at 1,821.3 USD/ounce
The world spot price of gold stands around 1,824 USD/ounce. Gold delivered in December on the Comex New York floor was at 1,840 USD/ounce.
Gold fell mainly because the USD soared to a 10-month peak. The DXY index at the beginning of the trading session on October 3 (US time) continued to stand at a very high level of 107.15 points. In the previous session, this index had a breakthrough from above 105 to above 106 points. This is a very high price compared to the 100 point threshold in mid-July.
Gold was also pulled down because a commodity closely related to gold, oil, cooled slightly.
World gold spot price stands around 1,838.2 USD/ounce, up 13.8 USD/ounce compared to last night. Gold futures price for December delivery on Comex New York floor is at 1,821.3 USD/ounce
The world spot price of gold stands around 1,824 USD/ounce. Gold delivered in December on the Comex New York floor was at 1,840 USD/ounce.
Gold fell mainly because the USD soared to a 10-month peak. The DXY index at the beginning of the trading session on October 3 (US time) continued to stand at a very high level of 107.15 points. In the previous session, this index had a breakthrough from above 105 to above 106 points. This is a very high price compared to the 100 point threshold in mid-July.
Gold was also pulled down because a commodity closely related to gold, oil, cooled slightly.
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