COMEX gold hoisted to $390/oz early as euro jumps

Newswire

NEW YORK, May 25 (Reuters) - COMEX gold rose to an 18-day high early Tuesday, as investors swapped out of the dollar and and record high crude oil prices bolstered the case for an inflation hedge. The active June gold contract topped at $390 an ounce, its highest since May 7, as the euro cleared $1.21, which made gold cheaper to holders of the European currency. "If you get a bounce-back in the dollar, dead cat or otherwise, you'll probably get a little pull-back in gold and silver," ...

Premium Content (PAID Subscription Required)

"COMEX gold hoisted to $390/oz early as euro jumps" 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.

Sponsored Introduction Continue on to (or wait seconds) ×