Gold holds steady leading into the EU open

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here!

( 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 […]

About the author: StockMan
Tell us something about yourself.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet