Comex gold futures prices are lower in early U.S. trading Tuesday. The market is seeing a technical pullback from the solid gains scored Monday. Trading remains choppy and sideways on the daily bar chart. The firmer U.S. dollar index Tuesday morning is a slight negative for the precious metals markets. Comex August gold last traded down $14.30 at $1,397.60 an ounce. Spot gold was last quoted down $13.30 at $1,398.50. July Comex silver last traded down $0.361 at $22.36 an ounce.
In overnight news, the Japanese stock market rebounded Tuesday following recent strong selling pressure. The Chinese stock market remained weak following the downbeat manufacturing data released during the weekend.
Read more...
No comments:
Post a Comment