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Gold: consumer confidence strengthening

Melissa Pistilli
Aug. 27, 2008 05:36PM PST
Market News

Gold Investing News reports & discusses on US consumer confidence on Wall Street bankers, US Federal reserve & jewellery retailers due to fears of inflation. The actual level of consumer confidence for August compiled by the Conference Board came in at 56.9, beating the street consensus of 53.0. The improvement in consumer sentiment came during a month when oil …

Gold Investing News reports & discusses on US consumer confidence on Wall Street bankers, US Federal reserve & jewellery retailers due to fears of inflation.

The actual level of consumer confidence for August compiled by the Conference Board came in at 56.9, beating the street consensus of 53.0. The improvement in consumer sentiment came during a month when oil prices retreated further from July’s record highs.

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