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Updated from 3:03 p.m. EDT
Gold touched another 25-year high near $680 an ounce on Wednesday, before pulling back along with the price of crude oil after bearish U.S. inventories data.
Still, after trading lower in morning trade, gold for June delivery finished up $1.10 at $668.50, after earlier touching yet another quarter-century high at $679.80.
"The higher gold is going to get, the more some people are getting nervous," says Amaury Conti, equity trader at San Antonio-based investment adviser Austin Calvert & Flavin. "But there is still momentum in gold, and many are using a pull-back to get back into the market." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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