GOLD Gold reached as high as $1,127.05/oz in US trading before dipping back to finish the day at $1,098.00/oz. It has ranged traded from $1,098.00/oz to $1,108.00/oz in Asian trading so far this morning. Gold is currently trading at $1,104.00/oz and in Euro and GBP terms, gold is trading at €814/oz and £709/oz respectively. An IMF announcement yesterday that they are shortly to resume selling gold, weighed on the precious metals into evening trading. However a strengthening of the US dollar has kept gold trading close to its all time high against the Euro and above trendline support in Sterling.
SILVER Silver began this morning in Asia $15.80/oz before dipping to $15.67/oz but it has since recovered. Silver is currently trading at $15.84/oz, €11.66/oz and £10.15/oz.
PGM's Platinum is trading at $1,512/oz and palladium is currently trading at $430/oz. While rhodium is at $2,500/oz.