TeleTrade - Analytics

    TeleTrade

    726.50 6.50/10
    57% of positive reviews
    Real

    19.01.2016 16:28 Gold declines as global stock markets rise

    Gold declined as global stock markets rose on the Chinese economic data. China's GDP data also supported stock markets. China's National Bureau of Statistics released its gross domestic product (GDP) data on Tuesday. The country's economy expanded 6.8% in the fourth quarter of 2015, after a 6.9% rise in the third quarter. It was the slowest rise since 2009.

     

    In 2015 as whole, China's economy grew 6.9%, after a 7.3% increase in 2014. It was the slowest growth since 1990.

     

    February futures for gold on the COMEX today fell to 1082.10 dollars per ounce.

     


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree