Gold pushed steadily higher from the far East through to the New York open on Tuesday, but the $939 peak was the high for the day as it sold off in fits and starts to just after noon, before regaining some lost ground over the final hours to close at $934.80/oz., up $6.80. Overnight, gold has fallen off.
Gold held near flat until the second hour of trading in New York on Monday, then began a long slide that carried it as low as $925 on the Comex, followed by some very modest buying that took it to a close at $928.00/oz., down $10.30. Overnight, gold is pushing higher.
Gold had a rollercoaster day that led nowhere on Thursday, starting the day flat through Hong Kong, selling off through the first hour in New York to bottom at $943, rising back above $960 at the close of the Comex, and finally ebbing through the Globex to finish at $954.50/oz., up 40 cents. Overnight, gold has fallen off.
Gold pushed to $965 just before New York opened on Wednesday, but then sold off sharply, falling below $950 in the late morning, before edging slowly higher through the rest of the day and finishing at $954.10/oz., down 50 cents. Overnight, gold is unchanged.
Gold had another pretty blah day on Tuesday, rising early in the Hong Kong session, falling below $950 at the mid-point of London trading, bouncing back over $960 by mid-morning, then dropping back to $955 and hugging that mark through the rest of the day, to finish at $954.60/oz., up $4.00. Overnight, gold is trending higher.
Gold had about as blah a day as it could have on Monday, rising early in the Hong Kong session, then falling off to just after London opened, then trading inside a very tight $5 range for the rest of the day, finishing at $950.70/oz., down $3.90. Overnight, gold is little changed.
Gold was unchanged in the first hour of New York trading on Friday, but that was as good as it got, with the metal plummeting nearly $25 by mid-morning, after which a rally to the late Comex was abruptly snuffed out and the price limped to a finish at $954.60/oz., down $25.80. For the week, gold slipped 2.6%.
Gold dipped as low as $963 at the open of New York trading on Thursday, but that proved to be the ignition point for lift-off, as the metal soared through the Comex day before leveling off through the Globex to finish at $980.40/oz., up $17.80. Overnight, gold has slipped lower.
Gold pushed to $990 at the open of London trading on Wednesday, but that was all she wrote, as the metal declined almost $15 from there to the noon hour and then really plunged, selling off to below $965 by the end of the Comex, and finally ending at $962.60/oz., down $18.50. Overnight, gold has poked higher.
Gold dipped below $970 in late Hong Kong trading on Tuesday, but that was the low for the day, as prices rose sharply to the New York open, then settled into a trading range between $980 and $985, before finishing at $981.10/oz., up $6.50. Overnight, gold is unchanged.
