- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Reuters reported gold futures prices fell to $1,576.80 an ounce, as the euro and stock markets declined and U.S. economic stimulation measures seemed unlikely.
Reuters reported gold futures prices fell to $1,576.80 an ounce, as the euro and stock markets declined and U.S. economic stimulation measures seemed unlikely.
As quoted in the report:
The struggling euro hit a session low against the U.S. dollar and European stocks extended their decline after Spain’s Valencia region said it would seek central government help to repay its debts.
Afshin Nabavi, head of trading at MKS Finance, commented:
Every time we go towards $1,570, some scattered physical related buying emerges. But there seems to be good selling around around $1,590 level too. It’s been a very long week within this range. The volatility has dropped as well.
Click here to read the full Reuters report.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.