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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe ounce of gold was propelled to a new high
Monday, surpassing 3600 dollars.
Shortly after 16:00, the yellow metal showed a new
record at 3637.18 dollars. A commentary from the Trading Economics platform
indicates that gold has reached a new record, “in a Paris context
Increases on a rate cut by the US Federal Reserve
(Fed) this month, following the publication of a report on American employment
disappointing”.
The economy of the country led by Donald Trump created fewer jobs than expected in August, only 22,000 positions when 75,000 were expected, after 79,000 in July (revised figure).
Trading Economics points out that the gold price has
jumped by more than 37% since the start of the year, supported by the weakness of
dollar but also by sustained purchases by central banks, such as that of
China, which increased its precious metal reserves for the tenth month
consecutive.
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