empty
 
 

2019.04.2508:07:00UTC+00Gold Prices Mixed In Cautious Trade

Gold prices traded mixed on Thursday as the dollar firmed up on weak data.

Spot gold was marginally higher at $1,275.99 per ounce while U.S. gold futures were down 0.1 percent at $1,277.85 an ounce.

The dollar remains in demand, a day after data showed a surprise deterioration in German business morale.

Elsewhere, South Korean economy unexpectedly contracted in the first quarter, raising fresh concerns about the pace of global economic growth.

Market participants now await the release of the U.S. GDP data on Friday for fresh clues on the health of the world's largest economy.

Trade talks also remain in focus ahead of the next round of negotiations between the United States and China slated to begin on April 30.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback