Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Gold falls below $2900 as US yields add pressure
Perhaps it should have been noted in the penultimate update looking at the recent price action in the USD/JPY, but it is being highlighted here now. That is the further downside seen in Gold prices now. The metal has slipped to fresh session lows, underneath the 2,900 handle. As you know and reported on earlier, Gold hit a new record high earlier today, at $2,942.68. Well, it has now fallen below the $2,900 handle a moment ago. The rebound in the Yen and US yields has prompted yet more profit-taking it seems. Gold is right now at $2,899.50
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
