In a shortened week, gold stayed relatively stable as markets appear to be waiting for Friday's non-farm payroll figure release. The rising dollar helped keep the price of gold trading in and around the $1,100 level.

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Gold & Silver

Commodity

Level

Change

GOLD

$1,109.30

+$6.40

SILVER

$17.51

+$0.26

Market News

  • Fed member Charles Evans painted a dour assessment of the US economy, with him predicting unemployment only falling to 9.25%
  • The Euro remains in focus as analysts look at the take up for the Greek 7 year bond, and compare interest to that of the previous 10 year note
  • The Australian Dollar fell back following the release of disappointing retail sales data and poor building approvals

Major Economic News

TIME

MARKET DATA

1400

FACTORY ORDERS