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Gold Futures - Dec 14 (GCZ4)

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1,300.70 +0.20    (+0.02%)
9:04:35 GMT - Real-time CFD Data. Currency in USD ( Disclaimer )
Type: Commodity
Group: Metals
Unit: 1 Troy Ounce

  • Prev. Close: 1,300.50
  • Open: 1,301.80
  • Day's Range: 1,299.80 - 1,301.90
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Gold 1,300.70 ++0.20 (++0.02%)
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Latest Gold Comments

Aqib Kahut
Aqib Kahut Jul 30, 2014 08:41AM GMT
Last GDP was -3 and now forecast for the GDP is 3%. so a + of 6%. Do you think such huge fluctuation in GDP in one month. My guess is it will come to around 0% so gold should go up. I am not economist, I could be wrong. I am not taking any trade now, will wait for GDP number to be released.
Yorky JR
Yorky JR Jul 30, 2014 08:50AM GMT
Q1 GDP was -3% if Q2 GDP comes in around +3% (which a lot of economists believe) then the US economy has grown by 0% in the first 6 months of the year. Expect the number to come in higher than +3% to be revised down later when no one is watching! They will not print a number lower than +3% as that would not please Yellen during an FOMC week.
Yorky JR
Yorky JR Jul 30, 2014 09:00AM GMT
My guess would be a print of +4% or more, so I would not be long Gold at the time of the announcement. There will be an opportunity to go long later at a lower price if I'm right.

Yorky JR
Yorky JR Jul 30, 2014 08:34AM GMT
Closed my 1299 buy from yesterday at cost, prefer to wait for the GDP data before I come back in with another buy....GL

Pawan bharech
Pawan bharech Jul 30, 2014 08:14AM GMT
BUY COMEX GOLD AT $1300 TARGET $1305- $1308- $1311.....................................
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