Sabtu, 18 Januari 2014

Release Data U.S. Threatens Gold Price

Release Data U.S. Threatens Gold Price
Until this afternoon , gold prices rose by U.S. $ 2.3 per troy ounce . However , the price of precious metals is threatened release of U.S. data later tonight .

Based on data reported by Cnbc.com , on Thursday ( 01/16/2014 ) until around 14:18 pm , international gold prices traded higher by U.S. $ 2.3 ( 0.19 % ) to U.S. $ 1,240.6 per troy ounce .

Ariston Tjendra , head of research Investindo Futures Monex said , the price of gold is still getting pressure fell yesterday as a result of the strengthening of the U.S. dollar U.S. economic data is released .

" But this morning and eased downward pressure on prices consolidative moves in the range of U.S. $ 1,240 a troy ounce, " he told INILAH.COM , in Jakarta , Thursday ( 01/16/2014 ) .

Broadly speaking , he said , the pressure is still up to the price of gold . " This trend has not violated even now already there are some experimental corrections . Under pressure to require confirmation of the breakout level of support in the range of U.S. $ 1,236 with a target potential areas to U.S. $ 1,227 , "he said .

While the upward movement into the area of U.S. $ 1244 an opportunity to further strengthen U.S. $ 1250-1256 area .

Tonight , he added , a lot of important data that will be released U.S. . And , who will be in focus is the CPI data and U.S. weekly jobless claims . When these data better than forecast , the dollar could strengthen and gold prices dragged down , and vice versa .


Other data that should be considered is the data of long-term purchases of U.S. securities by foreigners and index data on manufacturing activity in Philadelphia . " The market will also pay attention to a speech from Fed chairman Ben Bernanke tonight , " he added

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