Posted by in Gold Coins
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
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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
No Comments »
Gold is up $10 in
early trading and silver is up $.09 as the bull market continues. Gold again challenged overhead resistance
reaching as high as $861.60 before easing back slightly on profit taking. Strength in gold is demonstrated by the fact
that it rising even though the dollar is up 11 basis points at 85.92 and oil is
down $1.41 at $42.02. The equities are
also lower with the Dow Industrials down 157 points. All in all the performance of the metals…
Original Post By Google News by Joe Battaglia
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Gold started higher
reaching $864.60 where it encountered resistance once again. It then sold off on profit taking and in the
first half-hour of trading is down $4.
Silver on the other hand reached a high of $11.50 and while it pulled
back it remains up $.17. The dollar
again is higher up 16 basis points at 86 on the dollar index and oil is up $.48
at $41.31 a barrel. The Dow Jones Industrial
Average after falling 332 points yesterday has rebounded by…
Original Post By Google News by Joe Battaglia
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Gold is up nearly
$14, with silver unchanged and platinum and palladium both slightly lower. The dollar is soaring today as
President-Elect Obama is inaugurated as President of the United States of
America. Congratulations to our country
on this historic and momentous occasion.
The dollar is up 145 basis points at 86.18 and oil is about unchanged at
$36.50. However, the Dow Industrials
are down 166 points on a collapse of State Street Financial, which…
Original Post By Google News by Joe Battaglia
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