Gold Shrugs Off Rise In U.S. Consumer Confidence To 118.9

IMG Auteur
 
Published : June 27th, 2017
109 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

Kitco News/Neils Christensen/06-27-17

Gold prices are relatively unchanged, holding on to some positive gains following economic data that highlight strong optimism among U.S. consumers.

Tuesday, the U.S. Conference Board, reported that its consumer confidence index rose to a reading of 118.9 in June, up from May’s revised reading of 117.9. Economists were expecting to see relatively weaker consumer sentiment, with consensus forecasts calling for a reading around 116.1.

Gold was showing modest gains ahead of the report as the market continued to recover from Monday’s flash crash. Prices are relatively unchanged in initial reaction with August gold futures last trading at $1,250.10 an ounce, up 0.30% on the day.

Read the rest of the article at USA Gold
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS