| DEC-Z | DEC-Z | Oct-V | DEC-Z |
Gold | Silver | Platinum | Palladium | |
Last | 1,903.70 | 42.605 | 1,875.20 | 758.85 |
Price Change | 0.90 | (0.73) | (18.30) | (6.20) |
Current Low | 1,903.70 | 41.715 | 1,875.20 | 759.65 |
Current High | 1,923.70 | 43.445 | 1,900.00 | 781.90 |
EFP | 2.40/2.90 | .04/.09 | 2/6 | 1/5 |
| Rhodium | 1,875.00 | Ruthenium | 175.00 |
|
|
| Iridium | 1,100.00 |
London PM Fixes: |
|
|
| |
AU | 1,895.00 | PT | 1,866.00 |
|
PD | 761.00 |
|
|
|
London AM Fixes: |
|
|
| |
AU | 1,891.00 | PT | 1,877.00 |
|
PD | 766.00 | AG | 41.8500 |
|
| Last | Low | High |
|
EUR | 1.4051 | 1.4281 | 1.4052 | |
JPY | 77.36 | 77.61 | 77.38 | |
GBP | 1.6012 | 1.6206 | 1.6013 | |
Crude Oil -CME | 84.82 | Copper | 4.04 | |
*PLEASE NOTE THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES |
| |||
Wednesday, September 7, 2011
Money has been flowing into the Swiss Franc
Gold made all time highs overnight as concerns with the Euro system come to the forefront again reaching 1921. Money has been flowing into the Swiss Franc and the Swiss announced an intervention to defend a 1.20 price. At this point gold dropped $40 on the news pointing to the fact that there are many weak and uncommitted hands in this card game. But still the stock market continues to take a beating and gold recovered from its lows. However the rest of the precious metals are weaker as the industrial demand factor weighs heavily on the rest of the group. ISM Manufacturing number came out 53.3 much better than expected which is a positive news for ht US economy but this number is not one of real focus for most of the players. Expect continued volatility in this anything goes market.
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