Translating into Русский. The English version is shown until it is ready.
Comex gold falls below $4,150 an ounce for first time since Sept 28
Коротко
Gold futures on the Comex exchange dropped below $4,150 per troy ounce for the first time since September 28, TASS and Kommersant reported. Kommersant said the December contract was down 0.76% at $4,130.7 an ounce at 05:35 Moscow time, then traded at $4,148.6 (-0.33%) at 05:44. Kommersant attributed the pressure to the US Federal Reserve's tighter stance and signals of further rate increases, noting gold has lost more than 20% from its January peak of $5,318 an ounce.
Читать полностью 1 мин чтения
Gold futures on the Comex exchange fell below $4,150 per troy ounce for the first time since September 28, according to TASS and Kommersant, both citing exchange data. Kommersant reported that the December contract was down 0.76% at $4,130.7 per troy ounce at 05:35 Moscow time, and that the decline slowed somewhat by 05:44 Moscow time, when the contract stood at $4,148.6, down 0.33%. [ 1 , 2 ]
Kommersant placed the move in a wider sequence: last week the December gold futures contract fell below $4,250 per troy ounce, the first such decline since August 5. The outlet said gold has lost more than 20% from its January peak of $5,318 per ounce. [ 2 ]
According to Kommersant, pressure on the metal comes from the US Federal Reserve's tighter stance and the regulator's signals of further increases in interest rates. The outlet said rate signals weigh on gold through the yields of alternative assets, and that when real yields rise, a metal paying no interest loses out to bonds, with capital reallocated into dollar assets and bonds. It added that beyond the level of the rate itself, the comparative appeal of the dollar and Treasury paper matters, and that higher dollar rates and a stronger dollar reduce demand for gold. [ 2 ]
TASS reported the same threshold being crossed — COMEX gold below $4,150 for the first time since September 28 — without giving figures for the intraday move or an explanation for it. [ 1 ]
Почему это важно
Gold is a global benchmark asset, so a slide below a closely watched level matters to investors and commodity markets beyond Russia. Kommersant linked the move to expected US interest-rate policy, which affects the relative appeal of non-yielding gold against dollar assets and Treasuries.
Ключевые факты
- The December gold futures contract on Comex fell below $4,150 per troy ounce for the first time since September 28. [ 1 , 2 ]
- At 05:35 Moscow time the contract was down 0.76% at $4,130.7 per troy ounce, Kommersant reported. [ 2 ]
- By 05:44 Moscow time the contract traded at $4,148.6 per troy ounce, down 0.33%. [ 2 ]
- Last week the December gold futures contract fell below $4,250 per troy ounce, the first such decline since August 5, according to Kommersant. [ 2 ]
- Kommersant said gold has lost more than 20% from its January peak of $5,318 per ounce. [ 2 ]
- Kommersant attributed the pressure on gold to the US Federal Reserve's tighter stance and signals of further interest-rate increases. [ 2 ]
Подтверждено несколькими источниками
Пока неясно
- The reason for the price decline Only Kommersant offers an explanation, citing the Fed's tightening stance and rate-hike signals; TASS reported the price move without giving a cause, and no second outlet confirms the attribution.
- Whether the decline marks a sustained trend or a short-term move The documents describe intraday and recent price levels but do not assess the outlook beyond the factors Kommersant lists.
Что пишут местные СМИ
Хронология, местное время
- The December gold futures contract on Comex traded down 0.76% at $4,130.7 per troy ounce, according to Kommersant. [ 2 ]
- TASS reported that the COMEX gold price had fallen below $4,150 per troy ounce for the first time since September 28. [ 1 ]
- The contract traded at $4,148.6 per troy ounce, down 0.33%, Kommersant reported. [ 2 ]
- Kommersant published its report on the decline and the factors behind it. [ 2 ]