- Gold prices rose during Monday morning trading in Asia after weak-than-expected US job growth in March revived talk of a third round of quantitative easing, while a weaker dollar improved the attractiveness of dollar-denominated commodities for investors using other currencies.
- Spot gold was quoted at $1,639.28-1,639.89 per ounce, down from the close on Friday at $1,631.39. Silver climbed to $31.80-31.85 from the previous session's close at $31.74.
- China's CPI for March came in on Monday at 3.6 percent, above the forecast of 3.3 percent and an increase from 3.2 percent in February, strengthening demand for gold as a hedge against inflation.
- Spot platinum was quoted at $1,610-1,619 per ounce, up from the closeon Friday at $1,606.50. Palladium was steady at $642-657 from the previous session's close at $645.50.
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Sydney | Tokyo | Ha Noi | HongKong | LonDon | NewYork |
Prices By NTGOLD | ||
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We Sell | We Buy | |
37.5g ABC Luong Bar | ||
5,353.00 | 4,933.00 | |
1oz ABC Bullion Cast Bar | ||
4,448.00 | 4,048.00 | |
100g ABC Bullion Bar | ||
14,217.50 | 12,967.50 | |
1kg ABC Bullion Silver | ||
1,695.50 | 1,345.50 |
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