NEW YORK, June 25 (Reuters) - COMEX gold fell at the open on strength in U.S. equity markets and a steady dollar, as all three markets reversed their recent trends, but traders said gold would not go down too far as Middle East tensions continue to simmer. After U.S. economic data proved benign, with June consumer confidence slightly better than expected, U.S. share prices continued to firm and gold added to its losses. "You had a little follow-through selling this morning in reaction to ...
Premium Content (PAID Subscription Required)
"COMEX gold drops on stock gains, data add pressure" 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.