Gold News

Trade in Asia was relatively slow ahead of a long weekend in Japan. Tokyo’s financial markets are closed from Monday to Wednesday next week for national holidays

Gold falls as the Dollar declines and investors feel more at ease

Trade in Asia was relatively slow ahead of a long weekend in Japan. Tokyo’s financial markets are closed from Monday to Wednesday next week for national holidays

Gold steadied on Friday as light buying emerged on dips toward $1,000 per ounce, after it declined $12 in the previous session. Despite some technical indicators suggesting the market may be overbought, sentiment remained firm, analysts say, and many market participants still expect the precious metal to break through its record high of $1,030.80 an ounce. Trade in Asia was relatively slow ahead of a long weekend in Japan. Tokyo’s financial markets are closed from Monday to Wednesday next week for national holidays. Gold is trading at $1008 as of 9:30am, London Time.

Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and now serve clients of all sizes in many locations worldwide, offering them real-time Internet trading not only in currencies, but also in options, commodities,... More