gold sivler Gold weaker on follow-through selling from Tuesday's solid losses
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!
Today's U.S. producer price index report for August came in down 0.1%, which was right in line with expectations. The August PPI follows the July PPI reading of down 0.5%. After the CPI report, the marketplace was worried the PPI report would also show a higher-than-expected inflation print, but that was not the case.
The key outside markets today see Nymex crude oil prices higher and trading around $89.75 a barrel. The U.S. dollar index is lower in midday U.S. trading. The yield on the 10-year U.S. Treasury note is fetching around 3.45%.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold sees modest price pressure after as-expected U.S. PPISenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Read more »
Price pressure on gold, silver following hot U.S. inflation dataSenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Read more »
Senior Living: Have you tried options trading?Options are widely available, easily tradable on most broker platforms, and very liquid.
Read more »
Video shows senior was shoved to ground at LRT station, hitting his head before dyingAfter apparently looking through victim Tianquan Yang\u0027s possessions, Basil Sweezey assisted him by propping him up
Read more »
Video shows senior was shoved to ground at Calgary LRT station, hitting head before dyingAfter apparently looking through victim Tianquan Yang\u0027s possessions, Basil Sweezey assisted him by propping him up
Read more »