15 Nov 2013
Gold’s tamed again today
FXstreet.com (Chicago) – Metals print mixed results after a rather volatile journey for some currencies throughout the day on data releases and latest economic results.
After pulling off a bounce from $1,279.60 session lows, gold managed to retake the $1,280 zone and is not offered at $1,287.40 after a retracement from $1,290.80 highs and 0.09% daily advancement ahead of Wall Street’s closing. Silver also advanced a similar distance and is now trading at $20.74, up 0.10% and printing lows at $20.55 and highs at $20.82. Copper is also stronger and prints 0.35% gains so far to trade at $3.1715 registering lows at $3.1440 and highs at $3.1845. On the contrary, platinum is 0.24% down and is offered at $1,440.70 printing lows at $1,432.50 and highs at $1,457.50. Finally, palladium is 1.06% weaker and is offered at $731.95 with lows at $722.50 and highs at $745.00.
After pulling off a bounce from $1,279.60 session lows, gold managed to retake the $1,280 zone and is not offered at $1,287.40 after a retracement from $1,290.80 highs and 0.09% daily advancement ahead of Wall Street’s closing. Silver also advanced a similar distance and is now trading at $20.74, up 0.10% and printing lows at $20.55 and highs at $20.82. Copper is also stronger and prints 0.35% gains so far to trade at $3.1715 registering lows at $3.1440 and highs at $3.1845. On the contrary, platinum is 0.24% down and is offered at $1,440.70 printing lows at $1,432.50 and highs at $1,457.50. Finally, palladium is 1.06% weaker and is offered at $731.95 with lows at $722.50 and highs at $745.00.