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Gold futures recorded losses during European trade

2018-03-13 08:55 am | Resource: NEWS | No Views : 185

Gold futures recorded losses during European trade, with gold prices falling by 0.32% to reach levels of $ 1318 per ounce after recording a low of $ 1322 per ounce and opened today's session at 1320. $ per ounce, recording the highest level at 1323 $ An ounce.

 Gold prices lost 0.3% last week, marking the second weekly loss in a row. After the US dollar index rose in line with the inverse relationship between them after the announcement of the change in the jobs of sectors other than agriculture, which showed the acceleration of job creation to 313 thousand compared to 239 thousand jobs added in January, contrary to expectations of 205 thousand added jobs.

On the silver front, silver lost 0.7% to $ 16.53. Silver opened today at $ 16.56 and hit a high of 16.57 and a low of 16 , $ 48 per ounce.

Last Friday's silver prices lost 0.1%, the second consecutive daily loss, on the back of the US dollar's rise. Silver prices fell 0.2% last week, the second weekly loss in a row, on strong odds of raising interest rates Four times this year

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OIL Technical analysis 10 December 2018

Time frame Used - four hours Oil is moving in a sideway direction in the near term. Oil is still facing resistance and selling pressure around the 54.54 level despite breaching the 52.50 level to the upside, but it is still moving sideways, indicating that there is still selling pressure on oil. In view of the technical indicators Both the RSI and Stochastic are indicating to weakness of the indicators.…

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