Tag Archive: European banks

Bring on the Sellers!

The gold market has begun the new trading week on its back foot, as prices have slid below the psychologically important $1200 level. A lack of fresh, bullish catalysts combined with low summer trading volumes have given sellers a distinct advantage-for now. The dollar trade continues to be a thorn in the market’s side, with the greenback strengthening further as concerns over Turkey and potential contagion in the region increase. The Turkish Lira has been a major headliner in the financial media in recent days,... Continue Reading