Gold News

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

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 .

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


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