London Gold Market Report |
|
Gold Slips as Oil Fades Despite Gustav, But Industry-Insiders Build Strong "Long" Position while Hedge Funds Go Short THE SPOT PRICE OF GOLD slipped out of a tight 0.5% range lunchtime in London on Monday, moving below last week's close at $831 per ounce as world stock markets fell and bond prices rose. Crude oil slid back to $114 a barrel as Hurricane Gustav moved towards Louisiana, closing every oil-rig in the Gulf of Mexico but not gaining strength as it approached a near-deserted New
Filed under: Fundamental
Latest Posts
- USDJPY is in down trend
- The Daily Forecaster
- FX Levels for Today December 4, 2008
- US stocks gain on Mortgage data. ECB and BOE today
- EUR/USD Daily Outlook
- Daily Market Outlook
- After a rollercoaster day, the Dow finished higher.
- Forex News: "FXDD Today" gives a recap of today and preview of …
- Yen Crosses: Significant Lows in Place? - Forex Trading, Currency …
- The Risks Ahead
- TopForex.info » Flexible Forex Trading In Action | Forex Income …
- ISM Non-Manufacturing Index Plunges to Record Low
- USD, JPY Drift Lower, RBA Cuts
- New York Session
- U.S. Forex Market Commentary