All Posts Tagged With: "Globex"

And Then There’s This…Saturday, June 21st, 2008

Gold didn’t do much on Friday until Sydney closed for the weekend. Then it began a gentle rise through the balance of Hong Kong and most of London trading.

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%.

Gold Shoots Higher, but Pulls Back

Gold was slightly lower until the open of the New York session on Thursday, but went vertical at that point, adding $20 in an hour and peaking at $908 before easing during the rest of the NYMEX and dropping further in the Globex to fall back below $900 and finish at $898.00/oz., up only $4.40. Overnight, gold is trending higher.

And Then There’s This…Saturday, June 14th, 2008

Gold rose when Globex trading resumed in New York late Thursday evening, but sold off the second the Sydney market closed for the weekend. The bottom was in London…about 7:00 a.m. NY time. From there it rose (with lots of opposition) until Globex trading was through for the weekend in New York.

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.

Precious Metals Surge

Gold was slightly higher in Hong Kong and early London trading on Wednesday, then rose steadily during the NYMEX session before leveling off through the Globex and finishing at $880.10/oz., up $13.50. Overnight, gold has fallen off.

Such a Day!

Gold made no sudden moves on Friday, but just moved steadily higher from the London open straight through the Globex, pushing back over $900 late in the day and finishing at $902.20/oz., up $24.20. For the week, gold gained 1.8%.

Precious Metals Spinning Wheels

Gold had a lackluster day, reaching only as high as $885 early in the New York session on Wednesday, then getting ground slowly down straight through the Globex to finish at $878.50/oz., down $2.80. Overnight, gold has been trending lower.

Gold Declines on Bernanke Jawboning - But Silver Holds Up

Gold was steady to higher through the far East and most of London trading yesterday, but at about 9:30 of the New York session it plunged, bottoming at $877 before it climbed through the NYMEX, only to sag again in the Globex and finish at $881.30/oz., down $9.00. Overnight, gold has fallen off.

Gold Pokes Higher - But Silver Down and Platinum Flat

Gold bottomed at $883 just after the open of London trading on Monday, moved higher in fits and starts until noon, then sagged from there through the Globex, finishing at $890.30/oz., up $4.20 from Friday. Overnight, gold has been trending higher.

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