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Gold falls after the approval of the US tax reform law

2017-12-21 02:22 pm | Resource: NEWS | No Views : 315

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Gold futures are trading at a record low of $ 1.5 trillion. The US House of Representatives approved a bill on Wednesday, Tax reform in the country, which includes the biggest 30-year reform of the US tax law, and sent the $ 1.5 trillion bill to President Donald Trump for his signature.

Gold opened the day at $ 1265 per ounce, reaching a high of $ 1268 and a low of $ 1264. The Dollar Index fell 0.1%, extending its losses for the fifth day in a row, trading near a three-week low of 92.74 points as the US currency continued to weaken against a basket of currencies. Global, which is in the interest of rising stomach Nafis denominated in US dollars.

The stability of prices is to warn traders before the US economic growth data during the third quarter later today, as well as weekly jobless claims and the Philadelphia manufacturing index. On the silver front, losses also fell during Thursday's trading, The silver prices ended yesterday's trading up by 0.4%, and the highest level in four weeks 16.26 dollars per ounce, due to the large decline of the US dollar against most of the world currencies.


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