World

Gold falls as U.S. dollar strengthens

CHICAGO
2021-09-09 02:47

Already collect



CHICAGO, Sept. 8 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as the U.S. dollar strengthened.

The most active gold contract for December delivery fell 5 U.S. dollars, or 0.28 percent, to close at 1,793.5 dollars per ounce.

Gold was under additional pressure as the U.S. Department of Labor reported on Wednesday that U.S. job openings rose to 10.9 million in July, up from the previous record of 10.2 million in June.

Shortly after the market closed, the Federal Reserve published its Beige Book, saying U.S. economic growth has slowed to a moderate pace in early July through August, and the inflation was "steady at an elevated pace."

Gold shed some loss after the release of the Beige Book.

Silver for December delivery fell 31.7 cents, or 1.3 percent, to close at 24.056 dollars per ounce. Platinum for October delivery fell 19.8 dollars, or 1.99 percent, to close at 976.1 dollars per ounce.
Add comments

Latest comments

Latest News
News Most Viewed