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Gold dips 1% as equities firm, but eyes 3rd weekly gain
Author: WallyThorn
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Gold dips 1% as equities firm, but eyes 3rd weekly gain
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Slump in Currency Reserve Intensified Concerns over Chinese Economy
While Wall Street was closed on Monday, European equities held up well with the Stoxx600 index adding +0.5%. Today, Chinese shares remained under pressure after volatile trading yesterday (CSI 300 index rose to a 2-week high of 3422 in early session but gains were reversed with the index losing -3.43% for the day).
Here is the original post:
Slump in Currency Reserve Intensified Concerns over Chinese Economy