Pages

Gold flirts with sixth session of losses

Wednesday, 5 November 2014

Gold on Wednesday flirted with putting an end to its five-session losing streak, but prices couldn’t shake the lowly levels not seen in four years.

Gold for December delivery GCZ4, -0.47%  was up 60 cents at $1,168.40 an ounce, while December silver SIZ4, -0.74%  added 4 cents to $16.00 an ounce.

A day earlier, gold had remained stuck in its rut, moving slightly lower as investors continued to digest Japan’s surprise stimulus and the boost it gave the U.S. dollar.

No comments:

Post a Comment