Gold Market Recap Report

Wed 02 May 2012 14:15:00 CT
Related Keywords: Metals

The gold market tried to stand up to the evidence of slowing but the gold market just wasn't inclined to find support off talk of US Fed easing. Earlier in the week gold was attempting to track the ebb and flow of easing prospects but today gold seemed to fall back into a classic physical commodity market stance. With the market seeing evidence of sagging gold coin demand from the US Mint and the macro economic case seemingly deteriorating the bear camp simply had more arguments than the bull camp today.

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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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