"As far as the metals are concerned, it's really lackluster," Jonathan Jossen, an independent trader, said from the COMEX floor in New York.
Spot gold
Gold for August delivery
Monday, June 25, 2007
UPDATE 6-Gold falls on bearish sentiment; eyes U.S. data
NEW YORK/LONDON, June 25 (Reuters) - Gold prices slipped on Monday on bearish sentiment, but closed off session lows as crude oil prices recovered, and trade was quiet ahead of a slew of economic indicators scheduled this week, dealers said.
"As far as the metals are concerned, it's really lackluster," Jonathan Jossen, an independent trader, said from the COMEX floor in New York.
Spot gold fell as low as $648.70 an ounce and was quoted at $650.60/651.20 by 3:21 p.m. EDT (1921 GMT), against $653.60/655.10 late in New York on Friday.
Gold for August delivery on the New York Mercantile Exchange's COMEX division settled down $2.30 at $654.70 an ounce, dealing from $651.60 to $657.70.
"As far as the metals are concerned, it's really lackluster," Jonathan Jossen, an independent trader, said from the COMEX floor in New York.
Spot gold
Gold for August delivery
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment