Gold Price Firmer Amid the Summer Doldrums

August 15, 2016

London (Aug 15)  Gold prices are slightly higher in early U.S. trading, amid mostly Subdued markets as the summertime doldrums have arrived. World stock markets were mostly higher overnight. Many global equities market indexes are at or near record or multi-year highs amid major economies that are awash in central-bank-infused cash. The U.S. stock indexes are pointed toward firmer openings when the New York day session begins.

Spot gold edged up $2 to $1341 while spot silver rose 6 cents to $19.87.

Source: KitcoNews

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