The U.S. Department of Commerce said on Friday that the monthly rate of new home sales in the United States declined by 1.6% in February, and the total annualized figure was 313,000 units, the lowest level since October 2011, and the total number is expected to be 325,000 units.
Paremer, member of the European Central Bank's executive committee, said that the euro zone economy is stable and that the three-year LTRO process has improved credit conditions.
Due to a better outlook for business prospects, France's INSEE business confidence index rose to 96 in March, exceeding the expected 93, and the previous value was revised from 92 to 93. Italy's adjusted monthly retail sales rose 0.7% in the first quarter of this year, the most robust level in at least two years. The previous value was revised to 0.9% monthly rate, and the initial value was down 1.1%. January retail sales fell 0.8% year-on-year.
The world's largest gold ETF--SPDRGoldTrust as of March 22nd gold holdings was 1,282.69 tons, down 7.56 tons from the previous trading day.
On the previous Friday, the online market rebounded slightly and the overall trend showed no change in the long-term upward trend of the gold price. From the chart, the gold price formed a short-term rebound form last Friday and Thursday, and the 5-day moving average ticked up. The conversion of gold prices into support, MACD on the DIFF want to wear DEF on the formation of long trend, 0-axis short-term heavy volume significantly reduced, RSI and KDJ three lines in the hook below the head up, the trend to see more.
At 09:32 GMT, today's gold price quoted at 1663.87 US dollars per ounce.
The price of gold rose sharply last Friday. The U.S. dollar index dropped sharply. Gold investors took the opportunity to cover their short positions and closed at 1,662.50 U.S. dollars per ounce. The figure closed at 1,642.30 U.S. dollars per ounce the previous day, up 20.20 U.S. dollars per ounce, or 1.23%.
June 08, 2019