EURUSD 1.1225 -0.31%
#BK 44.84 1.54%
#KHC 31.05 1.96%
#UTX 131.29 0.91%
GBPUSD 1.2513 -0.23%
#C 71.76 1.28%
#KO 51.99 -0.33%
#VZ 57.20 -0.02%
USDJPY 107.73 0.30%
#CAT 134.75 -0.79%
#MCD 215.90 1.01%
#WMT 114.66 0.02%
USDCHF 0.9824 -0.03%
#CL 55.89 0.39%
#MDLZ 55.23 0.58%
#XOM 74.83 -0.87%
USDCAD 1.3093 0.45%
#CSCO 57.72 0.83%
#MMM 173.01 -0.95%
AUDCAD 0.9233 0.26%
EURJPY 120.89 -0.02%
#DIS 141.61 -0.75%
#MO 50.52 2.14%
AUDCHF 0.6929 -0.23%
EURCHF 1.1027 -0.34%
#DWDP 71.58 0.39%
#MRK 82.69 0.91%
AUDJPY 75.93 0.09%
GBPJPY 134.78 0.07%
#EBAY 39.74 1.89%
#MSFT 136.36 0.02%
AUDUSD 0.7056 -0.18%
GBPCHF 1.2291 -0.27%
#F 10.25 -0.68%
#NG 2.287 -0.26%
CADCHF 0.7499 -0.49%
GOLD 1434.81 -0.54%
#GE 10.05 0.70%
#NOK 5.13 -0.39%
CADJPY 82.26 -0.16%
#AA 23.41 1.28%
#GOOG 1146.99 -0.03%
#ORAN 14.89 -0.07%
CHFJPY 109.56 0.32%
#AAPL 205.56 1.03%
#HD 214.41 -0.62%
#PFE 43.04 0.72%
CRSIDX 10414.6 -0.40%
#ADBE 310.02 0.14%
#HON 173.80 2.88%
#PG 115.38 -0.50%
EURAUD 1.5916 -0.13%
#AIG 55.57 0.34%
#HPQ 21.36 0.84%
#QQQ 192.52 0.12%
EURGBP 0.8969 -0.08%
#AMD 32.97 -1.82%
#IBM 149.69 4.40%
#S 6.90 -2.61%
NZDCAD 0.8861 0.35%
#AMZN 1977.28 -0.77%
#INTC 49.93 1.04%
#SNE 53.93 -0.74%
NZDCHF 0.6647 -0.14%
#AXP 128.39 1.04%
#IP 42.49 0.54%
#SPY 298.83 0.30%
NZDJPY 72.89 0.21%
#BA 361.01 -2.37%
#JNJ 132.01 0.09%
#T 33.08 -0.48%
SILVER 16.32 0.25%
#BAC 29.46 0.92%
#JPM 114.65 0.55%
#UL 63.28 0.33%

Gold Retreats After Inflation Data, Settles Lower

11.07.2019 14:39 (UTC +0)

Gold prices retreated after early gains on Thursday, as hopes about any steep cut in U.S. interest rates faded after data showed an unexpected increase in consumer price inflation in the month of June.

The U.S. dollar pared early losses and moved towards the flat line, thanks to the data on inflation. The dollar index, which dropped to a low of 96.80, briefly moved past the unchanged line to 97.15 and was last seen at 97.08.

Gold futures for August settled lower by $5.80 or about 0.4%, at $1,406.70 an ounce, well off the day's high of $1,429.40 an ounce.

On Wednesday, gold futures for August surged up $12, or about 0.9%, to $1,412.50 an ounce, the highest settlement in a week.

Silver futures for September ended down $0.080, at $15.146 an ounce, while Copper futures for September settled at $2.6875 per pound, down $0.0065 from previous close.

The Labor Department's report said a steep drop in gas prices was offset by an increase in the cost of shelter.

The report said its consumer price index inched up by 0.1% in June, matching the slight increase seen in May. Economists had expected consumer prices to come in unchanged.

The unexpected uptick in consumer prices came even though energy prices tumbled by 2.3% in June after falling by 0.6% in May. Gas prices plunged by 3.6%.

Excluding food and energy prices, core consumer prices rose by 0.3% in June after inching up by 0.1% for four consecutive months. Core prices had been expected to edge up by 0.2%.

Shelter costs rose 0.3%, leading core prices higher, while prices for apparel, used cars and trucks, and household furnishings and operations also showed notable increases.

Despite the unexpected monthly increase, the Labor Department said the annual rate of consumer price growth slowed to 1.6% in June from 1.8% in May.

Another report from the Labor Department showed first-time claims for U.S. unemployment benefits unexpectedly fell in the week ended July 6th, dropping to 209,000, a decrease of 13,000 from the previous week's revised level of 222,000.

Economists had expected jobless claims to inch up to 223,000 from the 221,000 originally reported for the previous week.



Powered by MT5 Forex portal.

>> Back to list
FOREX quotes
EURUSD 1.1225 -0.31%
GBPUSD 1.2513 -0.23%
USDJPY 107.73 0.30%
USDCHF 0.9824 -0.03%
USDCAD 1.3093 0.45%
EURJPY 120.89 -0.02%
EURCHF 1.1027 -0.34%
GBPJPY 134.78 0.07%
GBPCHF 1.2291 -0.27%
GOLD 1434.81 -0.54%
#AA 23.41 1.28%
#AAPL 205.56 1.03%
#ADBE 310.02 0.14%
#AIG 55.57 0.34%
#AMD 32.97 -1.82%
#AMZN 1977.28 -0.77%
#AXP 128.39 1.04%
#BA 361.01 -2.37%
#BAC 29.46 0.92%
#BK 44.84 1.54%
#C 71.76 1.28%
#CAT 134.75 -0.79%
#CL 55.89 0.39%
#CSCO 57.72 0.83%
#DIS 141.61 -0.75%
#DWDP 71.58 0.39%
#EBAY 39.74 1.89%
#F 10.25 -0.68%
#GE 10.05 0.70%
#GOOG 1146.99 -0.03%
#HD 214.41 -0.62%
#HON 173.80 2.88%
#HPQ 21.36 0.84%
#IBM 149.69 4.40%
#INTC 49.93 1.04%
#IP 42.49 0.54%
#JNJ 132.01 0.09%
#JPM 114.65 0.55%
#KHC 31.05 1.96%
#KO 51.99 -0.33%
#MCD 215.90 1.01%
#MDLZ 55.23 0.58%
#MMM 173.01 -0.95%
#MO 50.52 2.14%
#MRK 82.69 0.91%
#MSFT 136.36 0.02%
#NG 2.287 -0.26%
#NOK 5.13 -0.39%
#ORAN 14.89 -0.07%
#PFE 43.04 0.72%
#PG 115.38 -0.50%
#QQQ 192.52 0.12%
#S 6.90 -2.61%
#SNE 53.93 -0.74%
#SPY 298.83 0.30%
#T 33.08 -0.48%
#UL 63.28 0.33%
#UTX 131.29 0.91%
#VZ 57.20 -0.02%
#WMT 114.66 0.02%
#XOM 74.83 -0.87%
AUDCAD 0.9233 0.26%
AUDCHF 0.6929 -0.23%
AUDJPY 75.93 0.09%
AUDUSD 0.7056 -0.18%
CADCHF 0.7499 -0.49%
CADJPY 82.26 -0.16%
CHFJPY 109.56 0.32%
CRSIDX 10414.6 -0.40%
EURAUD 1.5916 -0.13%
EURGBP 0.8969 -0.08%
NZDCAD 0.8861 0.35%
NZDCHF 0.6647 -0.14%
NZDJPY 72.89 0.21%
SILVER 16.32 0.25%
Powered by CorsaCapital