Today’s AM fix was USD 1,679.75, EUR 1,262.78 and GBP 1,047.55 per ounce.
Yesterday’s AM fix was USD 1,681.00, EUR 1,257.67 and GBP 1,045.92 per ounce.
Yesterday’s AM fix was USD 1,681.00, EUR 1,257.67 and GBP 1,045.92 per ounce.
Cross Currency Table – (Bloomberg)
Gold climbed $10.50 or 0.63% in New York yesterday and closed at $1,678.90/oz. Silver surged to a high of $31.382 in Asia before it fell back to $31.02 in London, but it then rose to as high as $31.503 in New York and finished ended with a gain of 1.06%.
Gold was flat and close to a 2 week high it hit in the prior session, while platinum reversed early losses but was also trading sideways.
Gold climbed $10.50 or 0.63% in New York yesterday and closed at $1,678.90/oz. Silver surged to a high of $31.382 in Asia before it fell back to $31.02 in London, but it then rose to as high as $31.503 in New York and finished ended with a gain of 1.06%.
Gold was flat and close to a 2 week high it hit in the prior session, while platinum reversed early losses but was also trading sideways.
Yesterday, in a speech that showed him as perhaps the most dovish of the central bank's 19 policymakers, Minneapolis Federal Reserve President Narayana Kocherlakota said the Fed "should provide more monetary accommodation" by targeting a 5.5% unemployment level.
These comments in defiance with his hawkish peers, showed a case for argument that the U.S. central bank's accommodative policies are appropriate and may even need to be eased further.
U.S. American Eagle gold and silver coin sales have been exceptionally strong in January, building on a late 2012 rally as collectors and some store of wealth buyers scramble to purchase newly minted 2013 coins and investors seek safe haven from U.S. economic uncertainty.
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