NEW YORK, Sept 26 (Reuters) - COMEX gold prices opened down Friday, then took a nose dive when heartier-than-expected U.S. growth gave a boost to the ailing dollar, traders said. The dollar rose about half a cent to session highs on the euro after strong U.S. growth came out on Friday. Final second quarter U.S. GDP rose by 3.3 percent, up from 3.1 previously. In reaction, gold profit-takers, some of whom had begun their selling spree late Thursday, continued to unload their heavy long ...
Premium Content (PAID Subscription Required)
"COMEX gold drops as funds sell on dollar, GDP gains" 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!
Current subscribers, please login or CLICK for support information.