Sunday, April 28, 2024
2012 July

Monthly Archives: July 2012

In The Lead – Europhoria Ephemeris

Precious Metals CommentaryFriday's EU news lifted gold prices in a hurry but it appears that the $1,600 resistance level proved to be... resistant to further assaults for the time being.

The yellow metal started the abbreviated trading week in profit-raking mode as did the rest of the precious metals' complex. The US dollar advanced to 81.90 on the trade-weighted index as a slew of scary economic data issued [...]