Gold News

Gold Seeker Closing Report: Silver Gains Almost 3% While Gold Rises Over 1%

 

Oil ended slightly lower after a mixed day as traders await tomorrow’s inventory data.

Treasuries fell after the better than expected Pending Home Sales report pushed interest rates higher.

The U.S. dollar index ended modestly higher along with the Dow, Nasdaq, and S&P on hopes that better than expected housing data will encourage world investors to put their cash to work in US related assets.

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.

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