Australia’s cenbank to taper bond buying Gold’s upside potential might be limited - analyst Platinum rises more than 1% (Updates prices)
July 6 (Reuters) - Gold rose above the $1,800/ounce psychological level on Tuesday to hit a three-week high, as a pullback in the dollar lifted bullion demand, while investors awaited minutes from the U.S. Federal Reserve’s June meeting for clarity on monetary policy.
Spot gold climbed 0.7% to $1,804.50 per ounce by 0652 GMT, after touching its highest level since June 17.
U.S. gold futures jumped 1.3% to $1,806.30 per ounce.
“It’s mainly a weakening U.S. dollar that is boosting gold prices. Gold was sold down heavily after the June FOMC meeting and now that expectations have been priced in, buyers are back to the market,” said Margaret Yang, a strategist at DailyFX.
Gold tops $1,800/oz mark as dollar slips; focus on Fed minutes
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Gold eyes $1,800 as dollar pauses, market digests U S jobs report
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Esta semana, las decisiones que los
13 miembros de la Opep y sus aliados tomen en la Opep+, en donde se revisarán los niveles de producción de petróleo desde agosto, podrían seguir impulsando la racha del aumento del valor de este hidrocarburo, que ya completó su quinta ganancia semanal consecutiva, la más larga desde diciembre pasado.
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