Gold Price Pressured By Risk-On Attitudes

July 14, 2016

New York (July 14)  Global stock markets were again mostly firmer overnight as this week has seen a marked increase in investor risk appetite, amid ideas the world's major central banks will continue to pump money into their economies. The U.S. S&P 500 stock index has hit record highs this week and U.S. stock indexes are pointed toward higher openings when the New York day session begins. Safe-haven gold and U.S.

Spot gold declines $14 to $1325, whilw spot silver drops 1% to $20.13.

Source: KitcoNews

 

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