Buz Investors XAUUSD Gold Prices Higher Gold prices edged higher on Monday’s session, marking its strongest level in two months as investors are closely watching on the most anticipated speech by British Prime Minister Theresa May and the inauguration of the U.S. President-elect Donald Trump later this week.

$XAUUSD Gold increased 12.50 USD/t oz. or 1.03%

Gold increased 12.50 USD/t oz. or 1.03%

 Buz Investors Gold increased 12.50 Gold is trading at $1223.90 per ounce at 09:40 GMT this morning, 0.43% higher from the New York close.

Gold

Buz Investors  Gold increased 12.50  Gold is trading at $1223.90 per ounce at 09:40 GMT this morning, 0.43% higher from the New York close. This morning, the precious metal traded at a high of $1228.70 per ounce and a low of $1218.10 per ounce. Yesterday, gold traded 1.59% higher in the New York session and closed at $1218.60 per ounce, amid a broad weakness in the greenback after the US Fed did not signal a faster pace of interest rate hikes this year. Immediate downside, the first support level is seen at $1204.23 per ounce, while on the upside, the first resistance level is at $1236.13 per ounce



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Gold increased 12.50

Gold increased 12.50 USD/t oz. or 1.03% to 1,231.15 on Thursday March 16 from 1,218.65 in the previous trading session. Historically, Gold reached an all time high of 1898.25 in September of 2011 and a record low of 34.83 in January of 1970.

The biggest producers of gold are China, Australia, United States, South Africa, Russia, Peru and Indonesia. The biggest consumers of gold jewelry are India, China, United States, Turkey, Saudi Arabia, Russia and UAE. Gold Futures are available for Trading in the Commodity Exchange (COMEX) which merged with the New York Mercantile exchange in 1994 and became the division responsible for metals trading. Half of the gold consumption in the world is in jewelry, 40% in investments, and 10% in industry. However, Gold is not only a precious metal but also a commodity vital for many industries. Gold is an excellent conductor of electricity, is extremely resistant to corrosion, and is one of the most chemically stable of the elements, making it critically important in electronics and other high-tech applications. This page provides – Gold – actual values, historical data, forecast, chart, statistics, economic calendar and news. Gold – actual data, historical chart and calendar of releases – was last updated on March of 2017.




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France Business Confidence was reported at 103 in November

France Business Confidence was reported at 103 in Novvember

France Business Confidence was reported at 103 in November

  • Buz Investors France Business Confidence   France manufacturing confidence came in at 103 in November of 2016, the same as in the previous two months and above market consensus of 102.
  • The balance of opinion on past activity went up to 9 (from +7 in the preceding month) while manufacturers were little more upbeat on general production (+3 from +1). At the same time, global order books and export order books were virtually stable and finished-goods inventory eased (+8 from +10).
  • Business Confidence in France averaged 100.03 from 1976 until 2016, reaching an all time high of 125 in June of 2000 and a record low of 68 in March of 2009.

France Business Confidence

France Business Confidence was reported at 103 in November

France Business Confidence The monthly business sentiment index published by the National Statistical Institute (INSEE) inched up from October’s 98 points to 99 points in November, which represented the second improvement in eight months. The print overshot market expectations that had the index falling to 97 points. As a result, the indicator moved closer to the long-term 100-point average, which is the benchmark measure the INSEE uses to distinguish between improving and worsening business expectations.

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France Business Confidence

November’s reading showed that firms were less pessimistic regarding their current business activity than a year ago. Meanwhile, both personal production expectations and finished-goods inventories stabilized in November. Businesses’ assessments of foreign demand improved in November, as export order books and general production expectations rose over the previous month.

In France, the Business Climate Indicator measures entrepreneurs’ sentiment about current business situation and expectation about business conditions. The survey covers business leaders of the main economic sectors. The indicator is calculated using factor analysis technique. The index is then calculated in a way to measure the current sentiment in relation to the historic index values of the period 1993-2011. A value over 110 indicates unusually high optimism and a value under 90 indicates unusually high pessimism. The value 100 indicates neutrality. This page provides the latest reported value for – France Business Confidence – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Business Confidence – actual data, historical chart and calendar of releases – was last updated on November of 2016.