Gold Continues to Rally on Soft Dollar, Equity Markets

Precious Metals

Reuters reported that gold got a boost on Thursday as both the dollar and the equity markets moved down.

Reuters reported that gold got a boost on Thursday as both the dollar and the equity markets moved down.

As quoted in the market report:

Spot gold had climbed 0.2 percent to $1,390.36 an ounce by 0634 GMT. It closed up on Wednesday after earlier losses, as U.S. stock markets dropped sharply.

To view the whole Reuters report, click here.

 

The Conversation (0)

MARKETS

Markets
TSX19879.79+188.58
TSXV593.51+11.27
DOW34472.98+184.15
S&P 5004436.01+48.46
NASD13721.03+215.16
ASX7148.40+26.80

COMMODITIES

Commodities
Gold1921.35+3.40
Silver24.16-0.15
Copper3.81-0.03
Palladium1713.170.00
Platinum1087.260.00
Oil78.57-0.32
Heating Oil3.09-0.01
Natural Gas2.46-0.03

DOWNLOAD FREE REPORTS

×