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Gold trading tight, strong move ahead

by Julian Phillips, MineWeb.com:

Gold Today – The gold price closed at $1,288.70 down only $0.50 on Friday, in New York. In Asia and London the gold price hovered around $1,289 and $1,290. The gold Fixing was set at $1,292.75 up $3.75 and in the euro at €938.953 up €5.707 while the euro stood at $1.3768 weaker by half a cent. Ahead of New York’s opening the gold price stood at $1,294.65 and in the euro at €940.96.

Silver Today: The silver price closed at $19.15 on Friday, in New York. Ahead of New York’s opening, it was trading higher at $19.42.

Gold (very short-term): The gold price will be in a very tight range ahead of a strong move either way, in New York, today.

Silver (very short-term): The gold price will be in a very tight range ahead of a strong move either way, in New York, today.

Read More @ MineWeb.com

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