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Gold edging higher so far this morning
Yesterday the noted rebound in Gold failed to get past the record it had set earlier in the day, at $2,365.35. The metal peaked at $2,364.33 ahead of the 4pm London FX fix. The slide that followed saw it fall to a low at $2,338.35. It later rebounded again into the US close, where it ended the day at $2,352.78. So, at the risk of sounding like a broken record again, the move from peak to trough was contained to less than $30. Earlier today gold fell back to a low at $2,344.82. However, since then it has been on the rebound once again and it remains to be seen if the metal will be setting news records again at some point today. The US CPI data could have a say in that too. The high set a moment ago was at $2,360.11.
Market News
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Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
