GOLD

jmi

 

The us dollar benefited from investors surge taking it as a safe haven in the wake of the ECB trimming its forecast for eurozone economic growth, speaking about another slowdown in the global economy as a result of protectionism policies.

 

The dollar index jumped by 0.5% to 97.3 points, the highest since December 7th, with its highest at 97.5 and the lowest at 96.8 points.

 

At 18:02 GMT, Gold prices (April delivery) also fell by 0.1% to $1285.5 an ounce, with the precious metal highest at $1289.6 and the lowest at $1280.8.

 

Markets are anticipating the release of the monthly United States Non Farm Payrolls to determine the status of the US labor market in February.

2019-03-08 08:04:35