London Gold Market Report |
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Gold Rally Stalls Again But "Long-Term Drivers Intact" as Inflation Hits 27-Year Record in US and Germany SPOT GOLD PRICES slipped once again after recovering half of a 2.3% overnight drop early in London on Tuesday, stalling as both the US and Germany reported a sharp jump in producer-price inflation. Asian stock markets closed at a two-year low, and palladium traded in Tokyo fell to its lowest level since June 2006. Platinum – used more commonly in auto-catalysts – fell 6% to an 11-month
Filed under: Fundamental
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