Gold Futures Advance in New York as Europe Crisis Spurs Investor Demand
Bloomberg reported that European debt concerns boosted gold prices for a second consecutive day.
Bloomberg reported that European debt concerns boosted gold prices for a second consecutive day.
The most recent Resource Investing News biannual Investor Survey reveals that while investors remain optimistic about the long-term potential of the commodities markets, a large majority are hedging their bets on precious metals like gold and silver.
The Wall Street Journal reports that U.S. economic data and a stronger dollar weighed on Comex gold prices.
Gold prices traditionally rally off the summer lows in September as many players come back to the market. And if this year holds true to that seasonality, next month might turn out to be “a good September.”
Get our independent commentary on gold trends and companies delivered to your inbox.