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0.000250941028858168 0 -0.000504391468005002 -0.000752823086574683 0.000752823086574683 0.00388958594730241 0.00564617314930995 0.00552070263488077
Stock impact report

Gold price rally bringing in more momentum traders: Analyst [Yahoo! Finance]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Company Research Source: Yahoo! Finance
HSBC Chief Precious Metals Analyst James Steel joins Yahoo Finance to talk about how much higher gold futures could run and where hazards may lie in the precious metal's pricing. "We pushed it to levels where we've got a lot of momentum trading in now, and I think that's where we have to be somewhat concerned," Steel says. "That if we get some days where things are static, we could easily get a pullback in the price, and in addition, we're seeing a lot of demand destruction on the physical markets going on." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan Show less Read more
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