Gold slid to its lowest in over a month on Friday after a strong U.S. jobs report boosted expectations the Federal Reserve could begin tapering its economic support sooner than previously anticipated.
Spot gold fell 2.2% to $1,763.96 per ounce by 1:50 p.m., after touching its lowest since June 30 at $1,757.70.
Renewed vigour for Malaysian jewellers as gold maintains a short-term uptrend and the latest development in the National Recovery Plan which enables jewellers to reopen in states with over 50% of adults fully vaccinated.
WASHINGTON: Federal Reserve Chair Jerome Powell on Friday pushed back against concerns that swiftly rising prices could become an enduring feature of the economy, forcing the U.S. central bank to raise interest rates and cut short the recovery. TheStar28 Aug, 2021
Andra, you forgot about Bahvest, the company is digging up more and more gold everyday, The boss a.k.a. Korek King or Tiger Ming nowadays got so much gold that he is buying up the company shares everyday.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Will76
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Posted by Will76 > 2021-08-07 23:54 | Report Abuse
Breaking News from CNBC
Gold slid to its lowest in over a month on Friday after a strong U.S. jobs report boosted expectations the Federal Reserve could begin tapering its economic support sooner than previously anticipated.
Spot gold fell 2.2% to $1,763.96 per ounce by 1:50 p.m., after touching its lowest since June 30 at $1,757.70.