Gold propped in early NY as euro grinds toward parity

Newswire

NEW YORK, June 28 (Reuters) - COMEX gold was up but off its highs early Friday, tracking the ebbs and flows of the euro as it lapped at parity with the dollar for the first time in 28 months. The European currency hit $0.9990, its highest since Feb 24, 2000. The weak greenback makes dollar-priced precious metals more attractive to overseas investors. "That's basically what we've been following for the last few days or few weeks," said a floor broker. "It's been pretty choppy here this ...

Premium Content (PAID Subscription Required)

"Gold propped in early NY as euro grinds toward parity" 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.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×