Gold holds steady leading into the EU open

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( Kitco News ) – Gold (0.04%) has pushed marginally higher overnight but rejected the high’s of the Asian session at $1884.45 per ounce. The yellow metal is still no way near recovering from the losses seen on Monday and the is still a possibility this move is just a small retracement before the price continues to move lower. Base metals are mixed this morning with copper trading -0.03% lower and aluminium and tin moving around half a percent into the black.

Overnight the Nikkei 225 (1.78%) and ASX (1.72%) traded well but the Chinese bourses struggled as the Shanghai Composite fell just over half a percent. The main story in stocks is still the rotation out of […]

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