Baku 16° C
Gold rises slightly in first days of new year
Finance
- 03 January, 2017
- 10:34
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 3 January. REPORT.AZ/ Gold price in COMEX up by 2.20 USD or 0.19% in comparison with previous closing to reach 1153.90 USD/ounce at 12:00 Baku time.
Report informs, gold price even hit 1 159.10 USD/Ounce during the day.
OCBC economist Barnabas Gan told Bloomberg TV, rising interest rate will strengthen US dollar and put pressure on the gold.
“2017 will probably be a year of uncertainty. We forecast decline of gold price, but the decline will be slow in first half of the year”.
Author
Latest News
17:58
Azerbaijani wrestler Eldaniz Azizli becomes five-time world champion
Individual sports
17:53
Moscow eyes trilateral talks with US, Ukraine after November 4
Other countries
17:45
Iran calls for complete removal of foreign forces from region
Region
17:36
Saudi Arabia intercepts 10 ballistic missiles launched by Houthis
Other countries
17:27
At least 1,300 people arrested in mass weekend protests across France
Other countries
17:10
5 killed in Philippine market fire
Other countries
16:55
Photo
AFFA President Rovshan Najaf visits Hovsan Sports Complex
Team sports
16:35
12 injured, including 6 children, in shooting near Florida university
Other countries
16:19
Explosion, fire occur at PepsiCo subsidiary's building in US
Other countries