Precious Metals Tread Water, Early Rallies Snuffed Out
Nov 4th, 2008 | By Doug Casey | Category: Financial NewsGold pushed higher in the overseas markets, peaking near $740 in mid-London trading, but hit the skids at that point, dropping nearly $15 by the second hour in New York, then was flat through the Comex, before finally tailing off again during the Globex to finish at $722.00, down $1.70 from Friday. Overnight, gold has pushed higher.