Gold and Silver Report

By IBTimes Staff Reporter | January 11 2010 5:40 AM

The US Dollar has hit 4 weeks low following Friday's disappointing non-farm payroll figures, pushing gold up nearly $24. A weaker dollar, plus bullish trade data from China, helped buoy gold investors. The Chinese government announced that exports rose 18% in December, the first positive number in 13 months.

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Gold & Silver

METAL

LEVEL

CHANGE

GOLD

$1,156.10

+3.20

SILVER

$18.75

+$0.03

Market News

• Gold is now trading at 5 week highs. This is the highest price since December 8th, but still off the $1,226 high • The disappointing non-farm payroll figures has left the US Dollar Index trading at 4 week lows

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