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ICBC Global Market: Precious Metal Market Update - December 29, 2017
 

Gold prices edged up 0.60 percent to $1,294.75 an ounce on Thursday after the number of Americans filing for unemployment benefits reached 245,000, higher than 240,000 forecast by economists, and as U.S. dollar hit at a four-week low. Silver gained 0.94 percent at $16.84 an ounce. (The update will suspend publishing during the New Year holiday. The issue on January 2 will introduce the market in the previous trading session.)


Disclaimer: This research report is prepared by the Industrial and Commercial Bank of China Limited ("ICBC") based on public information. Facts and views expressed in the report do not reflect the official opinion of ICBC. ICBC makes every effort to use reliable information, but makes no representation that the information is accurate or complete. ICBC bears no responsibility or liability for any direct or indirect loss arising out of (or claimed to be arising out of) using or reliance upon such information. ICBC owns the copyright of this report. This report may not be reproduced, copied, published, distributed or quoted in any way without the express written consent of ICBC. ICBC reserves the right to investigate and prosecute violations of copyright infringement to the fullest extent of the law.


(2017-12-29)
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