Gold finished modestly lower on the back of a stronger US dollar but overall its performance was steady, continuing the recent consolidation within thin trading conditions. The yellow metal was under increasing pressure following stronger than forecast US new homes sales and durable goods orders which in turn boosted the greenback. Silver, meanwhile closed into positive territory due to its significant role as an industrial metal helped lately by any sign of an improving global economy.

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Gold & Silver

METAL

LEVEL

CHANGE

GOLD

944.89

(-0.28)

SILVER

14.320

(+0.08)

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