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Daily Gold Market Update

From energyandcapital.com

Let’s look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today. Gold Price The price of one troy ounce of gold in U.S. dollars today is $1,576.95. It’s down -1.19% from yesterday and up 20.92% from one year ago. The troy ounce is the most commonly used measure of gold weight in the world. It’s equal to 31.103478 grams. U.S. Dollar Index For comparison, the value of the U.S. dollar index today is 99.08. That’s up 0.03% from yesterday and up 2.16% from one year ago. The index ... (full story)

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  • Category: Fundamental Analysis