NEW YORK, April 24 (Reuters) - COMEX gold rose early Thursday as the dollar tumbled despite upbeat U.S. economic data. The dollar plumbed $1.1035 per euro overnight, eyeing the four-year low at $1.1084 hit on March 11, even though March U.S. durable goods orders rose 2 percent compared to expectations of a 0.5 percent drop after February's 1.5 percent fall. There was some puzzlement on the floor about gold's rally on data that seemed to show the economy was in better shape than many ...
Premium Content (PAID Subscription Required)
"COMEX gold rallies as weak dollar ignores strong 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!
Current subscribers, please login or CLICK for support information.