NEW YORK, May 19 (Reuters) - COMEX gold jumped in early trade Wednesday, building on a recovery that started in Asia as commercial traders and investors switched out of the dollar into a precious metal beaten down the previous session. June gold at 9:27 a.m. EDT (1327 GMT) was up $5.90 at $381.80 an ounce. It traded from $376.10 to $382.50, after tumbling $3.70 on Tuesday amid speculation that the Federal Reserve was about to lift interest rates. "(There is) some trade buying in the gold ...
Premium Content (PAID Subscription Required)
"COMEX gold rebounds early as euro reclaims $1.20" 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.