Gold Price in USA – Find life and updated gold price in the USA today, also find gold spot prices in U.S. US$ Dollar per ounce or OZ and per gram gold bullion rates in the USA. According to the one of an expert of gold, Peter A. Grant Gold has extended to the upside, buoyed a ballooning U.S. trade deficit, and mounting global growth risks. The yellow metal has approached the 1156.72 high from September 24, which remains intact at this point.
The U.S. trade deficit surged to -$48.3 bln in August, well beyond expectations of -$43.0 bln, versus -$41.8 bln in July. Exporters have consistently lamented the strength of the dollar as a contributing factor to their woes. It’s another reason why I don’t think the Fed would be hiking rates this year; it would further exacerbate the trade situation.
Today Gold Rate In USA
Here is an updated list of Gold Rate in USA.
|GOLD UNIT||GOLD PRICE IN USA||GOLD RATE IN US DOLLAR (USD)|
|Gold 24K per Ounce||USD 1,530.54||$1,530.54|
|Gold 24K per 10 Grams||USD 492.07||$492.07|
|Gold 22K per 10 Grams||USD 451.06||$451.06|
|Gold 24K per Tola||USD 574.00||$574.00|
|Gold 22K per Tola||USD 526.17||$526.17|
The rising trade deficit has already prompted some analysts to lower their Q3 and Q4 growth forecasts. Meanwhile, the IMF further slashed its global growth outlook to 3.1% this year and 3.6% in 2016. Both are 0.2% lower than their July projection and mark the fourth downgrade to global growth this year. As economies around the globe sputter, the prospects for a Fed rate hike further dim. In fact, there is heightened talk that the Fed might have to ease before they even consider tightening. Find gold rates in New York, Washington, and other cities such as; 24K per ounce in US$ Dollar, 24k gold price, 24K per 10 grams, 22K per 10 grams, 24K per tola, and 22K per tola respectively. Stay with us it is a unique platform for live gold updates and joins useful discussion forums below.
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