SPDR GOLD (NY: GLD )
180.92 +0.72 (+0.40%) Official Closing Price Updated: 8:00 PM EDT, May 26, 2023 Add to My Watchlist
Headline News about SPDR GOLD
Inflation In 2023 - A Lull In An Era
May 16, 2023
Retail sales increased 0.4% in April on a month-over-month basis, according to the advance estimates released Tuesday, rebounding from a revised 0.7% decline recorded in March but falling short of the...
Recently, the Copper to Gold ratio closed below the lows of last year. If history is a guide, a break of support here would suggest a lower risk of inflation and higher odds of interest rates falling.
Friday's data, which showed a sharper-than-expected drop in consumer sentiment in the United States, heightened fears that the political debate over raising the debt ceiling could trigger a recession.
The COT metals markets speculator bets were higher this week as four out of the six metals markets we cover had higher positioning while the other two markets had lower speculator contracts.
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