dow2664
Negocioenlinea
Floor price for precious metal silver and gold finished in the red as of last session close in the United States. After hours trending revealed that spot gold and spot silver continued to post price per ounce values that continued in negative territory. Yesterday, the Feds released statements that were favorable towards the economic recovery process in the United States. This could lead to improved trending for stocks, but result in lower trending for safe haven assets. The strength of the dollar helped to move investors away from the safe haven assets throughout yesterday's session and today, the dollar continue positive trending versus the euro and the British pound. At the halfway point however, U.S. stock index composites were trending red across the majority of the market tracking board. In contrast to stock index line movement, Gold futures for April delivery were moving higher during the session. Floor price per ounce for April contract gold was higher by $9.00 at the mid-day mark. As the day wore on, stock index composites ultimately ended the U.S. session significantly lower. The Dow fell 2.04 percent at 11,613.46. April contract gold ended the day in the green by .29 percent at $1,396.80 an ounce. Silver contract floor price ended the day higher by 1.04 percent at $34.47 an ounce. Copper contract finished in the green as well by 1.46 percent at $4.20 per pound. Author: Camillo Zucari
No comments:
Post a Comment