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Gold Attempts To Break Away From Daily Lows As U.S. Existing Home Sales Disappoint

Gold Moderately Down, At Daily Low, As U.S. Dollar Moves Up. june 27, 2018. by Kitco.. Gold Still Under Pressure As U.S. Pending home sales disappoint In May. About the author. Kitco. View all posts. Special Offer. Sign Up to Get Our top 5 articles daily & Receive Your Free eBook!

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Gold continued to lose steam on Thursday as bullish market sentiments drove investors away from safe-haven assets. A stronger dollar has also meant that gold is more expensive for traders holding foreign currencies. Prices of gold futures for February delivery declined 0.2% to $1,130.70 a troy ounce on Thursday.

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U.S. District Judge Haywood Gilliam in Oakland granted a request by 14 Democratic attorneys general for a preliminary injunction. The rules, which are set to go into effect Jan. 14, allow businesses.

Pending Home Sales Jump In June, Break 17-Month Losing Streak. by Zero Hedge – July 30th, 2019 8:36 pm. Courtesy of ZeroHedge.View original post here.. After mixed home sales data (new higher and existing lower), pending home sales were expected to increase by 0.5% MoM but beat handily, rising 2.8% MoM.

Breaking Away From The West: Gold Investment In Germany And The U.K. Surged. The price of gold in U.S. Dollars and in Euros increased 6% since Q1 2016, but the real mover was in the British.

Gold struggling near yearly lows, remains vulnerable. gold started drifting lower and dropped to fresh yearly lows in the last hour.. wherein the metal has failed to capitalize on early.

GOLD PRICES erased a near-$10 rally from fresh 7-week lows in London trade Friday lunchtime as new US data put unemployment in the world’s largest economy at a 16-year low. US payrolls rose by 211,000 in April on the Bureau of Labor Statistics’ first estimate, beating Wall Street forecasts of 190,000 and nudging the unemployment rate down to 4.4%.

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Gold / Silver / Copper Prices – Weekly Outlook: May 7 – 11. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other.