COMEX gold futures, which had collapsed to as low as $1,677.00 per ounce this morning, acclimatized college by $12.80, or 0.8%, at $1,711.50 per ounce. In accomplishing so, the chicken metal eked out a account accretion of 0.1% and airtight a two-week accident streak.
Silver futures rebounded as well, from an intra-day low of $33.15 to $34.25 per ounce. However, the move college was not abundant to about-face gold’s sister adored metal college for the week, as it accomplished bottomward by 0.1%.
The euro remained abreast its intra-day low afterwards the International Swaps and Derivatives Association (ISDA) appear that the Greek debt restructuring triggered a “credit event.” As a result, Greece has now clearly defaulted on its absolute debt. Furthermore, acclaim absence swaps on Greek debt will be paid out, based on an bargain to be captivated on March 19th.