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NEW YORK (TheStreet) —
Except for the spike low just after 9:30 a.m. Hong Kong time, the gold price traded mostly in a five dollar price band through all of Far East and London trading on their respective Thursday's. Once the London p.m. gold “fix” was in, the price rallied a bit before getting sold down starting around 2:45 p.m. EDT in electronic trading.
The low and high ticks were reported by the crooks over at the CME Group as $1,183.60 and $1,197.40 in the June contract.
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