Markets

Market Chatter: Comex Gold Futures Prices Higher

"Comex gold futures prices are solidly higher in early U.S. trading Thursday and have extended earlier price gains," Kitco News reported.

It said: "The precious metals are seeing underlying support from the key outside markets that are in a bullish posture Thursday, a sharply lower U.S. dollar index and higher crude oil prices. Both gold and silver bulls are working hard to confirm that last week's lows were near-term market bottoms. However, those bulls have more work to do in the near term."

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


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

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More