Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Gold on the rebound again so far this morning
On Friday Gold lifted into the wider US market close. The recovery from the low seen on Thursday, at $2,583.56 was helped by the slight miss on the US PCE data and drop back in US yields. The fall below 156 in the USD/JPY later in the session also helped to push Gold higher into the weekly close, where it later ended the session at $,2,622.91. The high seen ahead of that close was set at $2,631.90. It has just now lifted above that high this morning. The high seen so far has been set at $2,633.05. So, the rebound back above the 100 day moving average (now at $2,609.65) last week has taken the metal back towards the 50 day moving average. That is in place right now at $2,668.80. The 100 day is still rising and that 50 day is still falling. The low seen earlier this morning was set at $2,617.58. Gold is currently trading at $2,631.05
Market News
All News-
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...
