|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||24.23 - 24.36|
|52 Week Range||23.66 - 26.83|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.78%|
In the case of bitcoin, the safety of the system is linked with the bitcoin algorithm, which miners keep solving to generate new coins and maintain the system.
The idea behind bitcoin is simple: to create a new platform for transactions that are independent of central banks and involve minimal transaction costs.
Gold saw a down day on Wednesday, November 15, 2017. Gold futures for December delivery were 0.41% lower for the day and ended at $1,277.70 per ounce.
The US Dollar Index rose 0.13% to 94.4 on November 13, 2017. It limited the upside for US crude oil (UWT) (DWT) prices on the same day.
The EIA reported that US shale oil production will rise by 80,000 bpd (barrels per day) to 6.17 MMbpd in December 2017—compared to November 2017.
The US FOMC left rates unchanged after the November 2017 meeting, as expected, setting the stage for a potential rate hike in December.
Gold fell on November 7 after witnessing a rise of almost 1% the previous trading day. Gold futures for December delivery fell 0.45% on Tuesday.
The Job Openings and Labor Turnover Survey (or JOLTS) report for September came out on November 7. Job openings remained unchanged at 6.1 million as of the last business day in September.
US crude oil futures (DWT) (USO) contracts for December delivery rose 3.1% to $57.35 per barrel on November 6, 2017.
The euro-dollar pair (FXE) closed the week ending November 3 at 1.1609 against the US dollar (UUP). Worries about a possible escalation of tensions in Spain’s Catalonia region proved futile.
The US dollar index (UUP) remained supported last week despite a dovish FOMC statement and a lower-than-expected rise in monthly non-farm payrolls.