Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Gold surges and reverses on Iranian news
Following on from the previous update, noting what appears to have been an Israeli strike on Iran, risk sentiment got slammed and that saw demand for havens surge, as stocks took a significant hit. Under such circumstances it was ripe for Gold to attract immediate inflow and that is exactly what happened. Yesterday the metal had once again rejected another move above $2,400 and later closed in the US at $2,379.04. This news today saw it spike to a high at $2,417.89. However, it has since fallen back almost as sharply as it earlier rose. The low since that high was set just now at $2,379.48. Of course the whole situation in the Middle East remains uncertain and confused in terms of immediate news flow and that will make for some unpredictable price action heading into the weekend. Gold is currently trading at $2,383.75
Market News
All News-
A note about Quick News updates this afternoon as the DAX rejects first attempt at 22k
Earlier an update here noted the surge in the DAX and the prospect, or possibility that it might test the 22k handle. Well, in the event it stalled... -
Is Tump playing the fool or just playing the markets? Dow Jones futures eyeing yet more gains
Before we get to the crux of this update let it be stated; that no one is being accused of anything and this is just a conscientious observers take on... -
US PMI data could be telling this afternoon- S+P 500 close to session highs
So, we have had a whole host of PMI data from Europe this morning and later this afternoon, at 1.45pm GMT we will get the equivalent data from the US...
