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Agricultural Commodities Down on Stronger US Dollar

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Precious Metals in Red Amid Upbeat US Jobs Data Gold continued its downward trajectory, tumbling to the lowest level in the last three months on Friday on the back of better-than-anticipated US jobs data that bolstered expectations for a December rate hike by the Fed. Bullion futures for delivery in December plummeted 1.49%, or $16.50, to settle at $1,087.70 a troy ounce by the end of Friday’s trade on the Comex division of the New York Mercantile Exchange, following an earlier drop to

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