English
Gold loses more than 13 dollars upon settlement, with anticipation of economic data
Gold loses more than 13 dollars upon settlement, with anticipation of economic data
Gold prices fell at the settlement of trading on Monday, the twenty-eighth of November, with the follow-up to the protests in China, and amid anticipation of the release of economic data in America this week.
Upon settlement, gold futures fell by 0.8%, or $13.70 an ounce, to $1,740.30 an ounce.
Over the weekend, China witnessed sporadic protests in a number of cities due to the maintenance of the Corona-related closure restrictions.
China is witnessing a record increase in the number of HIV infections during that period.
The US jobs report for November is expected to be released on Friday, which is an important indicator of the Federal Reserve's decisions.
For his part, John Williams, President of the New York Federal Reserve, ruled out that the Federal Reserve would cut interest rates before 2024.
