Thursday September 09 , 2010
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Gold

Gold price peaked at above USD 1,200/oz...

Gold

The Gold price jumped higher last night, with further USD fragility generating investor interest in gold. The gold price peaked at above USD1,200/oz. US Dollar fell against major currencies.
 

Gold price showed resilience during USA session...

Gold

The Gold price showed resilience last night, at one point dipping under USD1,130/oz but then recovering much of the lost ground to be over USD1,139/oz. The partial recovery of the USD was a damping influence on the gold price.
   

Gold price jumped sharply over US $ 1,043/oz...

Gold

The gold price (spot) jumped sharply higher last night, peaking at over USD1,043/oz. There was strong investor interest in gold, driven in large part by US Dollar fragility and, possibly, concerns over inflation.

 

   

Gold (spot) Price Dipped under US Dollar 1,000/oz...

Gold

The spot gold price dipped under USD1,000/oz before recovering to be around USD1003.70/oz. Movements in the USD were again influential.
Crude Oil prices were softer, with NYMEX light sweet crude (October 2009 contract) settling around USD69.7/barrel. Weaker international equity markets weighed on sentiment.

 

   

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Gold prices slipped a little lower last night influenced by technical selling...  2010-03-10  Read More

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