Friday, April 25, 2014
What a day it was yesterday for the shiny yellow metal which started the morning trading $15 on the downside
What a day it was yesterday for the shiny yellow metal which started the
morning trading $15 on the downside to as low as 1268.40 and reversing
its course reaching a high of 1299 for the day. Gold continues to see
some support this morning
by the instability in Ukraine. Five Russian rebels were killed
yesterday by Ukrainian forces further escalating tensions between the
two groups. There is very limited news today, however, next week we will
see plenty of economic data beginning with Pending
Home Sales on Monday, Consumer Confidence numbers on Tuesday, ADP
Nonfarm Employment Change on Wednesday, ISM Manufacturing PMI on
Thursday, and NFP numbers on Friday. Still no settlement between the
Platinum producers and the AMCU. Have a wonderful and fun
weekend!!
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