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Gold prices gain slightly in Asia on rebound

 

According to Investing.com on 29 November 2015 , Gold prices held mostly steady in Asia on Monday as investors bought after sharp dips in the U.S. last week.

Gold for February delivery on the Comex division of the New York Mercantile Exchange rose slightly to $1,056.60 a troy ounce.

 

gold become rebound

gold become rebound

 

Also on the Comex, silver futures for March delivery gained 0.10% to $14.035 a troy ounce.

Elsewhere in metals trading, copper for March delivery increased 0.51% to $2.074 a pound.

The red metal surged by as much as 4% on Thursday, as China regulators were said to consider a probe into metal short-selling in the local market.

In the week ahead, investors will focus on Friday’s U.S. nonfarm payrolls report for November, the last jobs report before the Federal Reserve decides on interest rates at its December 15-16 meeting.

 

Why Gold become slightly go down recently? Is it the Gold prices become ‘DownTrend’ for a long time?

 

For more information about the gold prices, go to this site.

 

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