Industrial Metals Jump Amid BoJ's Unexpected Easing

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Precious Metals Settle Higher on Weak US GDP Data Gold inched up on Friday on the back of a weaker US Dollar that softened after the disappointing US GDP data raised concerns that the Fed might postpone the first planned increase in interest rates. On the Comex division of the New York Mercantile Exchange, gold futures for delivery in February settled at $1,116.40 a troy ounce by the end of Friday’s trade, gaining 80 cents, or 0.07% compared to the Thursday’s close. On Wednesday, prices of the

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