Since rallying above the $1200 level, the decline in the price of gold has been dramatic. Following Fridays pullback to 4 week lows, the price stabilised in early trading and moved ever so slightly to the upside. Relief at the Dubai situation has pushed people back in to the market, but all eyes will now turn to Wednesdays Interest rate decision on Wednesday.

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Gold & Silver

METALLEVELCHANGE
GOLD$1,123.50+$10
SILVER$17.22+$0.11
   

Market News
- The Federal Open Market Committee meet on Tuesday and announce their Interest Rate decision on Wednesday

Major Economic News

TIMEMARKET DATA
 NO MAJOR ANNOUNCEMENTS