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News of Gold market

News of Gold market

Gold futures in the trading hours at the beginning of Tuesday are below $ 1,300 marker, because the assumption based on renewal in a second term of the Fed leadership of Jeanette Yellen is taken.

In the Comex division of the New York Mercantile Exchange, the future of gold was down 0.87 percent to $ 1,291.70 dollars as troy oz 08:45 GMT.

According to CNBC and Politiko, US President Trap will meet on Thursday with Fed Chairman Yellen. The proposal will be presented in the second term in front of one of the most important central banks in the world.

Another White House favorite candidate Stanford Economist John Taylor, who seems to be more aggressive than Yellen, and Phomak Jeremy Powell and former federal governor Kevin Worsh.

Yellen's contract ends in February. She was appointed back in 2014 as former President Barack Obama's first female leader.

According to the Fed funded by the FEDWatch program of CME Group, the value of the price rise by December is 91.7 percent of the 25 basis point investors.

Since September 26, the value of $ 1,308.40 in the previous session reached its highest level, because the demand for safe shelter has increased in the wake of armed conflicts between Iraqi and Kurdish forces. Iraqi forces take control of the region.

The US dollar indicator, which was the greenback gauges against a basket of six major currencies, was trading at 0.14 percent higher by the time it was written at 93.30.

Gold, a dollar-valued product, became stressful across the board when it came across pressure because it makes metal more expensive, less attractive.

In today's session, traders UK conference price index and promotion price input input will focus on the economic economic sentiment of Zawoo in Germany, the latest inflation data for Eurozone and the boe governor Mark Carney and the ECB Executive Pratt.

In the US, focus on the export and import of the focus will be on industrial production figures and federal budget balance for September.

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