Category Archives: Daily Commodity Market Levels
Gold Rebounds as Market Digests Trump’s Tax Plan. Gold prices rebounded from two-week lows in after-hours trading Wednesday, following President Donald Trump’s proposal to slash tax rates for businesses and on overseas corporate profits. Trump’s tax plan proposes to cut the income tax rate paid by public corporations to 15% from 35% and slash the
Will Trump’s First 100 Days Prove To Be Gold Positive? President Donald Trump is just days away from completing his first 100 days in office, and it’s been an eventful few months to say the least, especially for the precious metals. “It is also worth noting that prices are also up by a similar amount
Gold Down amid Big Risk-On Trade after French Election. Gold prices were ending the U.S. day session lower but up from the daily low Monday, as safe-haven assets were hit hard by rallying risk assets that include world stock markets and the Euro currency. June Comex gold was last down $12.90 an ounce at $1,276.20.
Gold climbs quietly as investors wary ahead of French vote. Gold prices rose slightly on Friday as investors awaited the first-round of voting in the presidential French election at the weekend and possible announcements about tax changes in the United States. “The big news over the weekend will be the French election and the market
Yukon Gearing Up For another Gold Rush as Majors Stake Their Claims. More than 100 years after the original gold rush that put the Yukon on the map, Canada’s western territory is gearing up for what some are expecting will be another important era in the region’s gold production. It has been almost a year
Gold Down on Profit Taking, Bearish Outside Market Forces. Gold prices were ending the U.S. day session lower Wednesday. Risk aversion in the world marketplace has receded a bit at mid-week and that’s a negative for the safe-haven metal. Generally higher world stock markets Wednesday also worked against the gold market. Some chart consolidation and