On the 17th local time, as international oil prices fell significantly in the intraday period, market concerns about the Federal Reserve's further interest rate hikes to contain inflation eased. Yields on US bonds fell across the board, the US dollar index fell slightly, and London spot gold prices rebounded markedly from the six-week low hit this Wednesday. As of 22:06 Beijing time on the 17th, London spot gold was reported at 4375.29 US dollars per ounce, an increase of 2.65%; the price of gold futures for December delivery on the New York Mercantile Exchange was 4408.60 US dollars per ounce, an increase of 0.51%.
Zhitongcaijing · 1d ago
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On the 17th local time, as international oil prices fell significantly in the intraday period, market concerns about the Federal Reserve's further interest rate hikes to contain inflation eased. Yields on US bonds fell across the board, the US dollar index fell slightly, and London spot gold prices rebounded markedly from the six-week low hit this Wednesday. As of 22:06 Beijing time on the 17th, London spot gold was reported at 4375.29 US dollars per ounce, an increase of 2.65%; the price of gold futures for December delivery on the New York Mercantile Exchange was 4408.60 US dollars per ounce, an increase of 0.51%.
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