Enthusiasts Gold Price: Strongest monthly profit for over two years
Gold Price: Persistent sales pressure at the appointment markets
The committees of Traders report from the US supervisory authority CFTC published on Friday evening showed striking sales for the second time in a row among large and small and small appointment speculators. © provided by Finanzen.net Peter Bischoff/Getty Images by Jörg Bernhard slightly uphill, however, the general interest in gold futures, readable in the number of open contracts. For the third time in a row, the so -called Open Interest had a slight increase.
with over eight percent, the gold price has achieved the highest monthly profit since July 2020. Before the monthly leader Jerome Powell.
by Jörg Bernhard
This promised the market players for the future. In the meantime, the Fedwatch tool of the appointment exchange operator CME Group shows a probability of over 78 percent that we will see "only" 50 basis points in mid-December in the last interest rate decision of the year. The announcement of the personal income and expenditure announced for the afternoon, the weekly income on unemployment benefits (both 2:30 p.m.) and the ISM shopping manager index (4:00 p.m.) now provide additional tension. Tomorrow, Friday, the monthly report of the US Ministry of Labor will follow the situation on the labor market. According to a survey published by Trading Economics, the November unemployment rate should remain 3.7 percent and the number of newly created bodies should have dropped from 261.00 to 200,000.
Gold Price: Important Inflation figures in the March
The gold price has had part of its day -to -day profit, the highest since March, in early Thursday trading. © provided by Finanzen.net Toru Yamanaka/AFP/Getty Images by Jörg Bernhard was responsible for the recovery of the dollar, which once again benefited from "false" comments on the part of a FED-Notenbanker and thereby the attractiveness of Has reduced gold investments.
On Thursday morning, thecrude oil: growing uncertainty , due to the change of contract, presented itself with increasing notations. By around 7.40 a.m. (CEST), the most active future on gold (February) increased by 36.60 to $ 1,796.50 per troy ounce.
Currently several uncertainty factors affect the current development on the oil markets. On the one hand, the OPEC+countries want to decide on their future funding policy on December 4th and on the other hand, the new sanctions against Russian oil will also take place next week. However, the uncertain development in China continues to be a major problem for oil demand. Despite the numerous Lockdowns, the Corona new infections in the Middle Kingdom are increasing unabated. As is well known, the lion's share of global oil demand growth goes to the account of only two countries: China and India.
On Thursday morning, thepresented itself with subsequent notations. By around 7.40 a.m. (CEST), the next WTI-Future was reduced by $ 80.12, while his counterpart fell to Brent by $ 86.45.
Gold price: At the level of cloth with a 200-day line .
from a chart-technical point of view, the gold price is in a very exciting location. He is currently in the fight with the 200-day line. © provided by Finanzen.net Saeed Khan/AFP/Getty Images by Jörg Bernhard If you are overcome strikingly, this would be a clear purchase signal. A trend change signal would arise if the long -term average line should also turn up. With a view to the economic calendar, the weekly initial applications for US unemployment help (2.30 p.m.) are likely to ensure incre