Gold Falls on Jobs Data (CNBC)
Gold fell today, as data showing that a decline in jobless claims led investors to worry about the oncoming onset of stimulus tapering. “Gold would thrive from uncertainty about the U.S. debt ceiling talks and the Fed tapering,” Societe Generale analyst Robin Bhar said. “But data showing an improving U.S. labor market earlier today may be the reason for some profit-taking, and if the U.S. numbers continue to improve we could still expect the tapering in December.”
This content is for paid subscribers only. To gain access subscribe to one of our…
It is hard to find a seasoned investor who doesn’t believe the stock market is…
No one believes a financial disaster can strike… until it’s too late. That’s bizarre, considering…
The Options Industry Council is a resource used to educate investors about the benefits and…
The put-call parity is the relationship that exists between put and call prices of the…
“It’s not a stock market, it’s a market of stocks.” -- “Maxims of Wall Street,”…