Gold Price Rallies $10 But ‘Targets $1200’ as Trump Sacks Comey
BUZ INVESTORS Gold Price Rallies $10 Gold is trading at $1223.40 per ounce at 09:40 GMT this morning, 0.15% higher from the New York close. This morning, the precious metal traded at a high of $1225.30 per ounce and a low of $1220.70 per ounce. Yesterday, gold traded slightly higher in the New York session and closed at $1221.60 per ounce. Immediate downside, the first support level is seen at $1216.23 per ounce, while on the upside, the first resistance level is at $1228.63 per ounce.
GOLD PRICES rallied $10 per ounce from new 2-month lows against the US Dollar on Wednesday morning, also rallying against other currencies after US President Trump shocked political pundits by sacking FBI director James Comey.North Korea’s ambassador to the UK meantime said Pyongyang is preparing to conduct a sixth nuclear weapons test, ratcheting up tensions with neighboring South Korea and China, as well as the US.Officially sacked over his handling of the Hillary Clinton email investigation ahead of last year’s White House election, Comey had now been investigating links between Moscow’s Kremlin and the Trump campaign.“Cryin’ [Democrat leader] Chuck Schumer stated recently, ‘I do not have confidence in him (James Comey) any longer.’ Then acts so indignant.#draintheswamp,” Trump tweeted in response to Schumer calling the sacking a “big mistake”.
Gold Price Rallies $10
Gold | Data | Chart | Calendar | Forecast | News
Gold increased 2.40 USD/t oz. or 0.20% to 1,223.30 on Wednesday May 10 from 1,220.90 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.
|1223.30||1223.60||1898.25||34.83||1968 – 2017||USD/t oz.||Daily|
Market quotes are powered by