Tin tức thì trường

Gold price dropped as "hawkish" comments from Fed officials have increased the possibility of a rate hike this year. Pressure also had a widespread strengthening of the American currency.

Yesterday the president of the Federal Reserve Bank of San Francisco, Williams joined the group of officials who support a rate hike in the coming months. Meanwhile, the president of the New York Fed Dudley has twice indicated this week the possibility of a rate hike. According to the futures market, the probability of a Fed hike in September is 18% and in December 43.1% versus 39.5% yesterday.

The US currency rose 0.5 percent against a basket of major currencies. Recall, a stronger dollar makes commodities more expensive for holders of other currencies. Analysts predict that gold will remain in the range of $ 1320- $ 1370.

The gold reserves in the largest ETF SPDR Gold Trust fell on Thursday 1.3 tonnes, continuing the trend , and reaching a level of 956.50 tons. "The main factors influencing the price of gold, as before, is a strengthening of the US dollar and a further outflow of investors from ETFs that specialize in physical gold," - said Commerzbank.

The cost of the October futures on the COMEX fell to $ 1345.70 per ounce.

This morning, New York crude oil futures for WTI fell by -0.04% to $ 48.20 and Brent oil futures were down -0.47% to $ 50.65 per barrel. Thus, the black gold has slightly decreased in value, correcting the recent rise amid expectations of the largest manufacturers to restore the balance of supply and demand. At the OPEC president saidi last week that the cartel plans to hold an informal meeting on the sidelines of the International Energy Forum in September. Later, Saudi Arabia and Russia have also expressed their willingness to participate in a coordinated action to support the market. At the same time, some traders are skeptical of the success of this meeting, in particular, the possibility of freezing the cartel's production.