Gold Flat on Strong Data

Gold Flat on Strong Data (CNBC) A good series of U.S. economic data spurred fears of imminent stimulus tapering by the Federal Reserve, leading gold to lose gains made early in the day. The holiday-shortened trading week is also contributing to diminished market activity. “Gold remains very sensitive to the U.S. data, and we saw … Continue reading Gold Flat on Strong Data

Gold Flat on Strong Data

A good series of U.S. economic data spurred fears of imminent stimulus tapering by the Federal Reserve, leading gold to lose gains made early in the day.