Gold traded as high as $1,122, with investors continuing to buy in following the confirmation from the Fed that interest rates would remain low. Gold has now rallied 7% this month, and is up 26% this year. The question now is whether or not continued dollar weakness will see gold move further North, or will the potential for Interest Rates rising in 2010 hinder the move up, and bring in the sellers?

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Gold & Silver

METAL

LEVEL

CHANGE

GOLD

$1,114.65

(-$1.45)

SILVER

$17.42

(-$0.16)

Market News

- APEC Meeting in Singapore will provide further news on the state of the global economy
- The SPDR Gold Trust, the largest physically backed ETF, reported that holdings increased by 6.1 tonnes, indicating further buying

Major Economic News

TIME

MARKET DATA

1330

Initial Jobless Claims