COMEX gold breaks up to 2-week high in early trade

Newswire

NEW YORK, May 21 (Reuters) - COMEX gold surged to a two-week high Friday morning as a weakening in the dollar prompted commodity funds to buy back short positions in precious metals. Comments by Federal Reserve Governor Ben Bernanke suggesting the Fed would not rush to raise interest rates without being sure the job market is recovering and inflation is on the rise knocked the dollar to two-week lows against the euro and yen overnight, making gold cheaper overseas. But gold outpaced ...

Premium Content (PAID Subscription Required)

"COMEX gold breaks up to 2-week high in early trade" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×