Tag: Economy

The Direction of Gold Could be Varied as Dollar Predicted Considerable Shifts in 2017

The Direction of Gold Could be Varied as Dollar Predicted Considerable Shifts in 2017

Gold enjoyed a modest rise over the course of 2016, with occasions of significant volatility adding to its increase. With gold enjoying consecutive weeks of increase over the period leading up to Brexit, in which it 6 week increase in value, rising from a low of $1.199.90/ounce at the concluding trading week of May, and increasing … Continue reading The Direction of Gold Could be Varied as Dollar Predicted Considerable Shifts in 2017

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U.S. December Job Growth Poorer than Expected

U.S. jobs data was poorer than many analysts had been expecting, with a gain of 156,000 jobs in December, and the unemployment rate rising to 4.7%, representing a 0.1% increase from November 2016. However, U.S. unemployment spent 2016 at record lows, with the highest figure posted apparent in March and April, when jobless figures rose to … Continue reading U.S. December Job Growth Poorer than Expected