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Commodities Briefing - Categorized | Bullion/Gold, Futures and Options more

Weakness in gold ‘being caused by futures market’

Posted on 06 December 2012

The wholesale market gold price traded just above $1,700 an ounce during Wednesday morning in London, having risen back above that level in the earlier Asian session, though they remained near one-month lows.
Silver hovered just above $33 an ounce this morning, down 1.3% on the week, while stocks and commodities edged higher. US and German government bond prices gained, while longer-dated UK gilts fell ahead of the chancellor’s Autumn Statement in London, at which he will unveil the latest UK economic projections………………………………………..Full Article: Source

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VRS - who has written 37739 posts on Opalesque Commodities Briefing.


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