Make Kitco Your Homepage
The Open - Jim Wyckoff

Gold Near Steady Amid Summertime Doldrums

(Kitco News) - World stock markets were mixed overnight. European equities were boosted by an upbeat Euro zone purchasing managers index (PMI). The Markit PMI reading was 53.3 in August from 53.2 in July. The Euro zone economy has proven resilient following the late-June Brexit vote that surprised many. Asian shares were mostly lower due in part to an appreciating Japanese yen. U.S. stock indexes are pointed toward higher openings when the New York day session begins.

By Jim Wyckoff, contributing to Kitco News;
Follow Jim Wyckoff @jimwyckoff



Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
kitco news