The Traderszone Network

Published in TZ Latest News 6 May, 2014 by The TZ Newswire Staff

Gold Backtracks As Data Lessen Safety Demand

Gold futures slid from a three-week high as signs of an improving global economy reduced the appeal of haven assets. The U.S. trade deficit narrowed in March as exports grew by the most in nine months, the Commerce Department reported Tuesday. A Purchasing Managers’ Index for services in the euro region climbed to 53.1 in April, from 52.2 the previous month, Markit Economics said.

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