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


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 pricing and subscription information please contact
Amber McLincha by email: or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

WardsAuto Blogs
Aug 28, 2014

Why Young People Shun Auto Industry 4

The difference today is automakers have stopped selling the dream in favor of selling the deal. Dream cars disappeared decades ago, and concept cars are merely production cars with the door handles and side mirrors removed....More
Aug 25, 2014

Finally, Voice of Reason

The concept of an autopilot is not new, particularly in aerospace. But Owens notes even the airline industry has never crossed that threshold by placing hundreds of lives solely in the digital hands of a computer....More
Aug 21, 2014

Michigan, Great Lakes Region Still Core of North American Production

The Great Lakes Region is well-positioned to remain a North American production hub for years, perhaps well into the next decade....More

Sponsored Introduction Continue on to (or wait seconds) ×