Wed, Aug 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Short term still very bearish for precious metals

Posted on 08 July 2013

A stronger U.S. dollar and surging long-term bond yields pressured gold and silver prices again last week as early gains quickly turned into losses after Friday’s better-than-expected labor report.
An improving U.S. jobs market makes it more likely the Federal Reserve will begin to “taper” its massive $85 billion per month bond buying program in the months ahead and this was a decidedly negative development for precious metals………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36521 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31