PT Equityworld-Comex gold price movements observed to weaken in the second day of trading, Thursday (24/11/2016), as the impact of the US dollar rebound.
The price of gold Comex contract in February 2017, today opened down 0.35% or 4.20 points to US $ 1,188.20 per ounce.
Then at 7:39 pm, the price movement weakened 0.36% or 4.30 points to US $ 1,188.10.
In trading Wednesday (23/11/2016), February Comex gold contract closed down 1.79% or 21.70 points to US $ 1,192.40 per ounce in line with the dollar’s rebound.
Yesterday (Thursday morning GMT), the US dollar index which tracks the movement of the dollar against a basket of currencies closed rebounded 0.65% or 0.660 points to 101.700.