Asia Outlook, Gold, Silver and Crude Oil Trading

By International Business Times,  July 17, 2012, 06:42:25 PM EDT

US old futures finished pit trade Tuesday weaker but up from the daily lows as bargain hunters stepped in to buy the dip in prices in the immediate aftermath of the morning testimony from Federal Reserve Chairman Ben Bernanke.

Aug Gold last traded - 3.20 at 1,588.40 oz.

Spot Gold was last quoted + 0.40 at 1,589.50 oz.

Sept Comex Silver last traded + 0.029 at 27.35 oz.

Mr. Bernanke's semi-annual monetary policy speech before the US Senate saw traders and investors generally disappointed the Fed chief's remarks did not include any fresh clues on easing of US monetary policy coming soon.

Read More on International Business Times




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

Take Control Of Your Wealth
Take Control Of Your Wealth         
How to Avoid Getting Caught Pre-Defection
How to Avoid Getting Caught Pre-Def...
WSJ House of the Week: And the Winner Is…
WSJ House of the Week: And the Winn...
How to Invest When Interest Rates Rise
How to Invest When Interest Rates R...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.




Most Active by Volume:

Company Last Sale Change Net / %
PFE $ 29.40 0.24  0.82%
NOK $ 3.86 0.17  4.61%
S $ 7.32 0.10  1.39%
BAC $ 13.27 0.06  0.45%
GE $ 24.33 0.56  2.36%
MU $ 13.76 0.52  3.93%
SIRI $ 3.40 0.06  1.80%
MNKD $ 6.605 0.94  12.40%