<< Read Full Article
<< Read Full Article
Gold futures were edging slightly higher Monday, but with little activity in foreign exchange the market lacked direction.
Contracts for February delivery of gold closed up 30 cents at $650.90 an ounce on the Comex division of the New York Mercantile Exchange. The bullion exchange-traded funds, which hold the metal, were, however, moving lower, with streetTracks Gold Shares (GLD Quote) and iShares Comex Gold Trust (IAU Quote) recently losing 0.1% and 0.03%, respectively.
"Gold appears to be pausing after the solid gains over the past few weeks," says James Moore, an analyst at TheBullionDesk.com. "Dips continue to find good buying interest, though, with traders looking to the dollar and this week's jobs data for its next leg." ...
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 |
Connect with TheStreet