PaulGold
Gold is trading at $1.043/oz and traded in a $22 range over the last 24 hours, hitting a low of $1,026/oz yesterday morning.

Gold then rallied strongly and closed at $1,046.40/oz and has maintained yesterday's gains in Asian and European trading. Some of the short term frothy excess has been removed from the market and the selloff has seen physical buyers in India return to buying for the wedding season.

The medium to long term fundamentals remain favourable and the news that influential and respected hedge fund manager Paul Tudor Jones is buying gold in anticipation of higher prices due to concerns regarding the emergence of serious inflation (joining others such as Jim Rogers, George Soros, David Einhorn, Kyle Bass and John Paulson) should result in gold being very well supported at these levels. However, a lower weekly close this week (below $1,054.40/oz) could embolden the shorts and lead to further long liquidation next week. In EUR and GBP terms, gold is trading at €704/oz and £630/oz respectively.

gold
Gold's 37 Year Seasonal Trading Pattern Showing November and December as  Strong Months for Gold

Silver
Silver is currently trading at $16.51/oz, €11.19/oz and £9.98.

Platinum Group Metals
Platinum is trading at $1,330/oz and rhodium is trading at $1,950. Palladium is currently trading at $333/oz.