Sat, Jul 26, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Gold swings as U.S. lawmakers seen nearing deal on debt ceiling

Posted on 15 October 2013

Gold swung between gains and losses amid speculation that U.S. lawmakers will forge a deal to avoid breaching the nation’s debt ceiling and end a two-week partial government shutdown. Silver dropped for a sixth day.
Bullion for immediate delivery lost as much as 0.5 percent to $1,266.40 an ounce and gained 0.3 percent, before trading at $1,274.53 at 10:31 a.m. in Singapore. Prices fell to $1,260.61 on Oct. 11, the lowest since July 11, on expectations that a deal would be reached. Gold for December delivery dropped 0.2 percent to $1,274 on the Comex in New York………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36130 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031