US gold rises 1.5 percent, bulls chase over $600/oz

Newswire

NEW YORK, Oct 26 (Reuters) - Gold rose for the third straight session on Thursday, drawing flows from other commodities as gold bulls took aim and hit technical targets over $600 an ounce. "It was partly due to the strength of oil in the morning, followed by weakness in the dollar, followed by the belief that the Fed is not going to raise rates, but is going to lower them shortly," said Leonard Kaplan, at Prospector Asset Management. December gold at the COMEX division of the New York ...

Premium Content (PAID Subscription Required)

"US gold rises 1.5 percent, bulls chase over $600/oz" 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.

Sponsored Introduction Continue on to (or wait seconds) ×