Having hit a five-week high of $1161 on Jan 15th, the price of gold has pulled back circa 2.5% as we remain stuck in the $1100 to $1200 trading range. The recent relative strength of the dollar has not helped a gold recovery, however the price does appear to be underpinned by buying from gold jewellers in India.

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Gold & Silver

METAL

LEVEL

CHANGE

GOLD

$1,134.28

+$2.13

SILVER

$18.59

+$0.19

   

Market News

  •  US markets are closed today due to the Martin Luther King Day holidays
  • On Thursday China is expected to report a 20% year on year jump in industrial output for December.