Gold Futures traded to a higher high, and a higher low than yesterday’s price range. The most active December contract also closed fractionally higher on the day. As of 4 PM EST gold is currently up one dollar at $1472.90. This is an extremely fractional gain of .05%. However, the fractional gains seen in gold pricing today also had to overcome fractional dollar strength. Currently the U.S. dollar index is trading fractionally higher on the day and currently fixed at 97.735, after factoring in a gain of .072 points. All the other precious metals in the traded significantly higher on the day... Read more
Gold Futures traded to a higher high, and a higher low than yesterday’s price range. The most active December contract also closed fractionally higher on the day. As of 4 PM EST gold is currently up one dollar at $1472.90. This is an extremely fractional gain of .05%. However, the fractional gains seen in gold pricing today also had to overcome fractional dollar strength. Currently the U.S. dollar index is trading fractionally higher on the day and currently fixed at 97.735, after factoring in a gain of .072 points. All the other precious metals in the traded significantly higher on the day... Read more
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