
Gold Market Recap Report
Wed 22 Feb 2012 14:33:01 CT
Related Keywords: Metals
Related Keywords: Metals
The gold market was able to extend yesterday's sharp rally into today's session, as prices were able to climb up towards last week's spike highs. April gold continued to find support from this week's Greece debt bailout agreement, which helped to strengthen macro-economic sentiment and provided additional support for a "risk-on" market mentality. However, sluggish sentiment numbers from the Euro may have limited upside momentum and kept prices from reaching new high ground.
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*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
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