Silver Market Morning: June 27 2017 - Gold recovers very quickly from dubious sale!

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Snippet: 
Yesterday, we thought the sale at the open in London must have been a physical sale, but it wasn’t, it was a ‘paper’ sale, where it was thought that someone made a huge mistake selling ‘lots’ in the futures market instead of ounces. The deal was 56 tonnes of gold a massive amount that has not been seen since the gold price was crushed in 2013. Whatever it was, we learned a great deal about the behavior of markets then right up until now and likely tomorrow.
Author(s): 
Julian D. W. Phillips

Gold Today

Tuesday, June 27th

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First published here: Silver Market Morning: June 27 2017 - Gold recovers very quickly from dubious sale!

Global Equity Markets Mostly Weaker; Focus On Central Bankers' Speeches

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(Kitco News) - World stock markets were mostly weaker overnight and U.S. stock indexes are also pointed toward modestly lower openings when the New York day session begins.

Gold prices are seeing a short-covering bounce with moderate gains Tuesday after prices hit a five-week low on Monday

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Gold Slides 0.8% for First Loss in Four Sessions

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Gold, silver and platinum futures closed lower in their start to the new trading week on Monday. Gold's loss marked its first in four sessions. Gold for August delivery dropped $10, or 0.8%, to...

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First published here: Gold Slides 0.8% for First Loss in Four Sessions

Best ETF Performers of the Week (June 19-23, 2017)

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Here's a look at the best ETF performers for the week of June 19-23, 2017.

Biotech dominated the list, with four of the top 10 performers.

Inverse energy funds and gold mining ETFs rounded out the list.

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About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.

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First published here: Best ETF Performers of the Week (June 19-23, 2017)
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