NEW YORK, Aug 25 (Reuters) - Long liquidation in summer markets pushed New York gold futures lower Monday, nixing a brief safe-haven rally after deadly bombings in Bombay rocked the gold trading district in India's financial center. A 23,485 contract jump in the speculative long positions on the COMEX reported by the CFTC late Friday triggered the sell-off. Trade was even thinner than usual in August because London markets were closed for the last bank holiday of summer. "You've got to ...
Premium Content (PAID Subscription Required)
"COMEX gold ends lower, shrugs off Bombay bombings" 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.