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Commodities Briefing - Categorized | Bullion/Gold, Listings/IPO/Stock Market more

Why the gold price and stock markets are disconnecting

Posted on 29 October 2013

The gold price consolidated recent gains on Monday holding firm above the key $1,350 an ounce level it scaled last week to reach a five-week high. In late afternoon trade on the Comex market in New York December gold futures changed hands at $1,353.60, a slight gain on Monday’s close, but off its highs for the day of $1,362.
The price of gold has rallied sharply from the intra-day low of $1,182.60 an ounce hit on June 28, but remains down 19% for the year………………………………………..Full Article: Source


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VRS - who has written 36545 posts on Opalesque Commodities Briefing.


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