Gold Silver Reports (GSR) – which is allowing the overall bearish technical charts to invite the technical sellers to step in. December gold futures were last down $2.30 an ounce at $1,197.40. December Comex silver was last down $0.066 at $14.115 an ounce.
World stock markets were mixed but mostly lower overnight. U.S. stock indexes are pointed toward lower openings when the New York day session begins. Hong Kong’s Hang Seng Index fell into bear market territory this week, meaning the stock index is down 20% from its most recent high.
Read More : INDIA – Gold MCX Next Target 30810— 30930 — 31070 – Neal Bhai Reports
World trade matters remain on the front burner of the marketplace early this week. Reports said the U.S. and European Union may be getting closer to a trade agreement after recent meetings. – Neal Bhai Reports (NBR)