The U.S. Comex
gold futures dropped 0.94 percent this week and fell 1.64 percent this month to end at $ 1,152.60.
The U.S. Comex
gold futures dropped to a trough of $ 1,141.70 during Asian Monday morning after the Swiss rejected the Gold Referendum and the OPEC decided not to cut oil production.
Not exact matches
The
Futures Now team discusses
gold's
drop to a 10 - month low, and where the commodity may head from here.
Gold futures fell to their lowest level in two weeks as the U.S. unemployment rate
dropped to 5.1 percent, a seven - year low.
Short term and
gold is just another trade like any other
future or commodity, which is fine, but you have to keep in mind that if there's a catastrophic failure in the market like in 09 then
gold probably will
drop in price as well.
Gold futures in New York have
dropped 21 percent this year while copper is down 13 percent.
It must be a coincidence that the COMEX
futures gold price always
drops significantly on the day of an FOMC meeting / announcement.
The benchmark 10 - year note yield rose to trade at 2.115 percent while
gold futures for December delivery
dropped 0.9 percent to $ 1,338.80 per ounce.
Bitcoin
futures will launch on the CBOE this Sunday and meanwhile
gold seeing prices
dropping,
Gold prices have come well off their highs, Treasury yields keep
dropping (although the yield curve isn't flat enough to signal a «definitive» deflationary environment out into the
future), and even Federal Reserve officials are hinting at fears of deflation.
When Nixon
dropped the convertibility of the U.S. Dollar into
gold in 1971, a few years later... the
gold futures markets started trading.
It's worth noting that the code for the mission may not be final, a lot of the time these things receive updates as
future patches
drop in, but currently, it states that players need to find a «
gold - plated six - shooter».