Mon, Apr 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, ETFs / ETCs more

Gold ETFs rebound as prices test $1,600 an ounce

Posted on 27 February 2013

Gold ETFs have rebounded somewhat early this week with the precious metal testing $1,600 an ounce following two weeks of declines. SPDR Gold Shares (GLD) is down 9% over the last three months.
Gold futures have been under pressure recently on lower safe-haven demand as the global economy recovers, reports Debarati Roy for Bloomberg. Gold dipped below $1,600 on speculation the Federal Reserve will wind down its quantitative easing earlier than anticipated………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930