Movers & Shakers – Gold Comes Off

By | July 14, 2014

It was gold that was the big mover today as fears the euro zone was facing another banking crisis began to fade.

On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at 1,306.20 a troy ounce during U.S. trading, down 2.33%, up from a session low of $1,304.10 and off a high of $1,340.70.

The headlines from Portugal were reminiscent of the debt crisis only a few years ago, however they didn’t have the follow through this time around.

Probably a good thing…