<< Read Full Article
<< Read Full Article
Gold prices were moving down slightly Tuesday after a new government report showing relatively tame consumer price increases reduced demand for the metal as an inflation hedge.
June-dated bullion contracts were losing $1.40 at $693.10 an ounce in New York. The exchange-traded funds streetTracks Gold Shares(GLD Quote) and iShares Comex Gold Trust (IAU Quote) were off about 0.2% recently.
The Labor Department says the core rate of inflation, which excludes volatile food and energy components, fell to 0.1% in March from 0.2% in February. ...
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