Gold News

Gold Seeker Closing Report: Gold and Silver Fall Over 1%

Oil
and stocks fell while the U.S. dollar
index and treasuries rose on today’s worse than expected Consumer
Confidence reading that reignited worries over the economy. Gains in
bonds, however, were somewhat limited by today’s less than stellar
$42 billion 2-year note auction. The Nasdaq also reversed early
losses and ended higher while the Dow and S&P erased most of
their morning weakness on hopes for better results and readings later
in the weak.

From Chris Mullen of Gold-Seeker.com .

Chris Mullen is chief content manager of the GoldSeek family of websites, a leading source of gold news, comment and mining-stock data for private and institutional investors.

See the full archive of Chris Mullen articles

 

Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News.

Follow Us

Facebook Youtube Twitter LinkedIn

 

 

Market Fundamentals