NEW YORK, July 29 (Reuters) - COMEX gold prices dropped Tuesday morning despite unexpectedly weak confidence data, a down dollar and declining stock market, and traders, who were befuddled at the drop, attributed it to profit-taking as the steep run-up in recent sessions began to consolidate. "Many of the people I talk to are somewhat confused by the action, but others said they are seeing some profit-taking after gold's sharp gains," said one New York broker. August gold futures on the ...
Premium Content (PAID Subscription Required)
"COMEX gold falls on profit-taking despite weak data" 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
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642