Bulletin
Investor Alert

New York Markets Open in:

Market Pulse Archives

July 8, 2021, 1:53 p.m. EDT

Gold settles lower for the first time in six sessions but holds above $1,800

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Dow Jones Industrial Average (DJIA)
  • X
    S&P 500 Index (SPX)
  • X
    NASDAQ Composite Index (COMP)

or Cancel Already have a watchlist? Log In

By Mark Decambre

Gold futures finished slightly lower Thursday, marking the first decline in six sessions, as stocks, bond yields and the dollar all headed south, perhaps checking bullion's decline. A selloff in the equity market---though the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.34% , the S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.18% and the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -1.83% were off their worst levels of the session---may have resulted in investors liquidating some of their winning holdings like gold, weighing on the precious metal's price, strategists speculated. August gold closed down $1.90, or 0.1%, to settle at $1,800.20 an ounce. The 10-year Treasury note /zigman2/quotes/211347051/realtime BX:TMUBMUSD10Y +3.07% and the 30-year bond /zigman2/quotes/211347052/realtime BX:TMUBMUSD30Y +2.09% yield both fell to around February lows. Earlier in the session, gold had enjoyed solid gains that had suggested that the commodity might book a sixth straight gain, matching its longest streak of advances since the period ended May 20.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,022.04
-461.68 -1.34%
Volume: 498.38M
Dec. 1, 2021 5:04p
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,513.04
-53.96 -1.18%
Volume: 3.04B
Dec. 1, 2021 5:04p
loading...
/zigman2/quotes/210598365/realtime
US : Nasdaq
15,254.05
-283.64 -1.83%
Volume: 5.47M
Dec. 1, 2021 5:16p
loading...
/zigman2/quotes/211347051/realtime
add Add to watchlist BX:TMUBMUSD10Y
BX : Tullett Prebon
1.45
+0.04 +3.07%
Volume: 0.00
Dec. 2, 2021 4:25a
loading...
/zigman2/quotes/211347052/realtime
add Add to watchlist BX:TMUBMUSD30Y
BX : Tullett Prebon
1.78
+0.04 +2.09%
Volume: 0.00
Dec. 2, 2021 4:24a
loading...

Get news alerts on Gold Continuous Contract — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Investing

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.