fbpx
QQQ
+ 0.00
325.31
+ 0%
DIA
+ 0.02
342.86
+ 0.01%
SPY
+ 0.00
414.28
+ 0%
TLT
+ 0.00
137.04
+ 0%
GLD
+ 0.01
172.11
+ 0.01%

Gold Futures Refuse To Give Back Friday's Huge Gain

by
June 6, 2016 1:18 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More

August Gold futures are trading higher by $4.60 at $1247.50 per ounce in Monday’s session. It has only briefly traded in the red as $1242.10 stands as the low for the day, which is just below Friday’s close of $1242.90.

Shortly after its 6:00 PM on Sunday night, it briefly reached $1251.30 before immediately falling back into the $1240 handle. That marks the highest level for the contract it reached $1256 on May 24. The last time it closed over $1250 was the previous day when it ended the session at $1254.90.


Related Articles

3 ETFs To Play The Gold Breakout

The gold bugs are rejoicing. A crisis on the southern border, another war brewing in the Middle East, a successful cyberattack on one of the nation's energy pipelines, and obvious signs of inflation have resulted in a flight to safety. The price of gold has risen almost 10% since early April. read more

'Be Wary Of Cashing In': Stock Market Update For The Week Ahead

The Past Week, In A Nutshell What Happened: Stocks closed the week practically unchanged after mixed reactions to a slew of blow-out earnings results. read more

Stock Market Update For The Week Ahead: 'Cautious Attitude'

The Last Week In A Nutshell read more

'Head Above Water': Stock Market Update For The Week Ahead

The Past Week, In A Nutshell read more