{"id":47833,"date":"2014-02-25T07:38:12","date_gmt":"2014-02-25T12:38:12","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=47833"},"modified":"2014-02-25T07:38:12","modified_gmt":"2014-02-25T12:38:12","slug":"gold-prices-drops-from-16-week-high","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/02\/25\/gold-prices-drops-from-16-week-high\/","title":{"rendered":"Gold Prices Drops From 16-Week High"},"content":{"rendered":"

By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Gold prices dropped from its sixteen-week week high on Tuesday while the crisis in Ukraine continues to weigh on the metal, slowing bullion demand at higher prices.<\/p>\n

Gold for immediate delivery declined 0.1% to $1,335.83 an ounce at the time of writing. The precious metal climbed to its highest since October 31, reaching $1,340.04 earlier today. Gold for April delivery lost 0.2% to $1,335.90 on the Comex in New York.<\/p>\n

Silver dropped by 1.23% trading at $21.780 an ounce at the time of writing.<\/span><\/p>\n

Gold – Ukraine Turmoil<\/span><\/h2>\n

In Ukraine, the Interior Ministry requests for a criminal case against the former President of Ukraine, Viktor Yanukovych for the mass murder of civilians during the previous week\u2019s protest, which left over 100 people dead.<\/p>\n

This comes after videos of police shooting protestors broadcasted through social media.<\/p>\n

Meanwhile, financial leaders from Europe and the US have started to push for financial assistance for Ukraine, while the parliament voted out the former President Viktor Yanukovych.<\/p>\n

ETP Holdings<\/span><\/h2>\n

Holdings in gold-backed exchange-traded fund climbed for a third day on Monday, rising by 1 metric ton to 1,740.2 tons. Assets dropped to its lowest since October 2009, last week.<\/p>\n

Consumer Confidence <\/span><\/h2>\n

Meanwhile in the US, the Conference Board (CB) consumer confidence index is expected to be released later in the day.<\/p>\n

Market analysts are expecting to see a decline in the Conference Board (CB) headline figures, with a decline of 80.0, compared to the previous reading of 80.7 seen in January.<\/p>\n

 <\/p>\n

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The post Gold Prices Drops From 16-Week High<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n

Article provided by HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Gold prices dropped from its sixteen-week week high on Tuesday while the crisis in Ukraine continues to weigh on the metal, slowing bullion demand at higher prices. Gold for immediate delivery declined 0.1% to $1,335.83 an ounce at the time of writing. The precious metal climbed to its highest since … <\/p>\n

Continue reading “Gold Prices Drops From 16-Week High”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-47833","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/47833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=47833"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/47833\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=47833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=47833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=47833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}