All Posts Tagged With: "Comex"
Precious Metals Move Slightly Higher
Gold rose in Hong Kong, leveled off in London, and traded rangebound through the NYMEX and Globex sessions on Friday, although it held above $900, finishing at $901.30/oz., up $3.30. For the week, gold added 3.5%.
And Then There’s This…Friday, June 20th, 2008
The gold price lost about eight bucks (silver was down about 20 cents) from the open in Sydney on Thursday morning until about fifteen minutes before the Comex opened in New York yesterday morning.
And Then There is This…Friday, June 13, 2008
Gold declined throughout the Far East and Europe in early Thursday morning trading. The decline rate accelerated about two hours before the Comex open in New York. Once the NY boys showed up, the price dropped another $8 to a low of $856.50 in just a few minutes.
And Then There’s This…Thursday, June 12th, 2008
Gold rose quietly during trading in the Far East and Europe…and started showing signs of life just before the Comex open in New York. From there, gold rose about $10 to just over $880…and there it sat. And it hasn’t done much since…except decline as soon as the Hong Kong market opened this morning.
And Then There’s This…Saturday, June 7th, 2008
Neither gold nor silver showed any signs of life until the Sydney market closed in their afternoon.
And Then There is This Friday, June 6, 2008
For the most part, both gold and silver got sold off early in Thursday trading in the Far East and Europe. Silver showed a little spunk just before the Comex open, but that was it. However, the moment the Comex opened, gold was smacked for about $8…and silver was knocked down about 25 cents.
And Then There’s This…Thursday, June 5th, 2008
Gold didn’t do much of anything on Wednesday until well into the trading day in London.
And Then There’s This… Tuesday, June 3, 2008
Gold and silver both sold off slightly in early Far East trading. But shortly after London opened, away they both went to the upside. However, once Hong Kong closed, a not-for-profit seller sold the rallies down.
And Then There’s This…Saturday, May 31, 2008
On Friday morning in Far East trading, gold began a gentle decline that started at the beginning of trading in Hong Kong…which accelerated slightly into the London open.
And Then There’s This… Friday, May 30, 2008
Both gold and silver did virtually nothing on Thursday until shortly after London opened. Then (just like Wednesday) a sell-off began in both metals which lasted until shortly after the Comex opened in New York.
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