by For first time in over 16 years, palladium futures settle at a premium to gold futures Gold futures on Wednesday resumed their climb toward the psychologically important price of ,300 an ounce, settling at their highest in nearly two weeks on the back of political turmoil in the U.K. and U.S. Caution among traders had deepened “ahead of a no-confidence vote on British Prime Minister Theresa May’s government and other geopolitical risks, including the U.S. government shutdown, loom large in investors minds,” said Mark O’Byrne, research director at GoldCore. “Physical demand for gold coins and bars has picked up in the U.K. and Ireland, due to Brexit and U.K. political uncertainty,” he added. Excerpt of article and
Topics:
Mark O'Byrne considers the following as important: 6) Gold and Austrian Economics, 6a) Gold & Bitcoin, Daily Market Update, Featured, GoldCore, newsletter
This could be interesting, too:
RIA Team writes The Importance of Emergency Funds in Retirement Planning
Nachrichten Ticker - www.finanzen.ch writes Gesetzesvorschlag in Arizona: Wird Bitcoin bald zur Staatsreserve?
Nachrichten Ticker - www.finanzen.ch writes So bewegen sich Bitcoin & Co. heute
Nachrichten Ticker - www.finanzen.ch writes Aktueller Marktbericht zu Bitcoin & Co.
For first time in over 16 years, palladium futures settle at a premium to gold futures
Gold futures on Wednesday resumed their climb toward the psychologically important price of $1,300 an ounce, settling at their highest in nearly two weeks on the back of political turmoil in the U.K. and U.S.
Caution among traders had deepened “ahead of a no-confidence vote on British Prime Minister Theresa May’s government and other geopolitical risks, including the U.S. government shutdown, loom large in investors minds,” said Mark O’Byrne, research director at GoldCore.
“Physical demand for gold coins and bars has picked up in the U.K. and Ireland, due to Brexit and U.K. political uncertainty,” he added.
Excerpt of article and full article can be accessed on MarketWatch here.
Watch Our Latest Video Updates On YouTube Here
Tags: Daily Market Update,Featured,newsletter