Profit-taking thwarts COMEX gold bid for new highs


NEW YORK, Oct 23 (Reuters) - COMEX gold muscled to within $7 of September's 7-year high early Thursday, before a pause in the dollar's decline gave gold bulls an excuse to pocket some winnings on this week's strong recovery. "It was crazy in the first hour," said a floor broker. "Weakness in stock market had everybody thinking we were going to see the moon today. But there was nothing but fund selling this morning." "You can call it a consolidation day after three straight up days," he ...

Premium Content (PAID Subscription Required)

"Profit-taking thwarts COMEX gold bid for new highs" 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
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×