Gold down after Fed chairman remarks


By Xu JingUnreguser
  • World
  • Wednesday, 07 Oct 2020

CHICAGO, Oct. 6 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as the market reacted to Federal Reserve Chairman Jerome Powell's remarks.

The most active gold contract for December delivery fell 11.3 U.S. dollars, or 0.59 percent, to close at 1,908.8 dollars per ounce.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Spain to send Patriot missiles to Ukraine, El Pais reports
Swiss parliamentary committee backs $5.5 billion aid plan for Ukraine
South Sudanese comedians find laughs in painful past
Elon Musk is once again richer than Mark Zuckerberg as fortunes reverse
GPS bracelet places 18-year-old at the scene of 11 different break-ins, US cops say
Ukraine court orders agriculture minister to be taken into custody
Cat hides in Amazon return package – then ends up in California 700 miles from home
ByteDance prefers TikTok shutdown in US if legal options fail, sources say
Amazon’s Jeff Bezos, Andy Jassy deleted chats amid FTC antitrust probe
Mexican lawmakers approve new pension fund backed by president

Others Also Read