Scoreboard: Gold meddling

Gold was hit hard overnight while improved jobless claims failed to move investors.

Who knows what’s driving it. There’s been a bit of press recently about Russia’s central bank selling gold and then another press report suggesting that consumer demand for gold out of India has weakened. And then of course the ever elusive taper is always in the background. Whatever the reason, gold was hit hard over night, falling $24 to $1325. Silver was hit even harder – slumping 4.5 per cent. It was basically a commodities rout and copper was off 0.8 per cent while crude fell 0.5 per cent ($96.26).


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles