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DirectThe price of gold rose on Wednesday, as the metal gained about $ 17 for reasons of economic growth.
The gains from the yellow metal led to heavy losses for the US stock market due to fears of recession related to the reversal of the yield curve of government bonds.
On the other hand, China announced today that industrial production had risen last month at the slowest pace for 17 years.
Global uncertainty, linked to both Hong Kong and Brexit protests and political unrest in Italy, continues to pose a threat to investors.
US President Donald Trump on Tuesday decided to postpone the application of tariffs on about half of China's imports, which were scheduled for early next month until mid-December.
Reports include phones, computers, specific clothing and footwear, as well as some video game controllers.
In current economic data, US import prices have risen relative to badysts' expectations this month.
At 15:55 GMT, the price of gold futures for December delivery increased by approximately 0.8%, equivalent to $ 12.6 to $ 1,526.70. USD the ounce.
The spot price for the yellow metal rose 1.2% to $ 1,518.37, or $ 16.86, to reach $ 1,518.37 per ounce.
During this period, the dollar index, which tracks the performance of the currency against the six major currencies, increased by 0.1% to 97,943.
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