Gold Prices Get Support At 50-Day Avg, Stocks Weaken
Gold prices found support at their key 50-day moving average line as the stock market weakened more Monday after Caterpillar (CAT) cut its 2012 outlook for the second time this year. The blue-chip, heavy-equipment maker said the global economy was slowing faster than it had expected. Spot gold prices added 0.31% to $1,726.80 an ounce. PowerShares DB U.S. Dollar Index Bullish (UUP), which tends to move opposite the yellow metal, was flat at 21.81.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here