Archive for January 23rd, 2009

Gold is sharply
higher, rising $20 in early trading. 
Gold reached a high of $884 on the February contract, while silver
reached a high of $11.65 in the futures market.  However, while gold came off slightly from the high, silver
pulled back considerably on profit taking. 
Silver is up $.08.  It is amazing
that gold is up as much as it is given the fact that the dollar is up 77 basis
points at 86.29.  Oil is down $1.91 at
$41.76 a barrel and the Dow…

Original Post By Google News by Joe Battaglia

Comments No Comments »

Gold is sharply
higher, rising $20 in early trading. 
Gold reached a high of $884 on the February contract, while silver
reached a high of $11.65 in the futures market.  However, while gold came off slightly from the high, silver
pulled back considerably on profit taking. 
Silver is up $.08.  It is amazing
that gold is up as much as it is given the fact that the dollar is up 77 basis
points at 86.29.  Oil is down $1.91 at
$41.76 a barrel and the Dow…

Original Post By Google News by Joe Battaglia

Comments No Comments »