NEW YORK (TheStreet) —
The gold price sold off a few dollars in early Far East trading on their Wednesday—and then proceeded to bounce off the $1,205 spot price market until the London a.m. gold fix was in around 10:20 a.m. BST. At that point the gold price popped back to around unchanged. It rallied anew at the Comex open—and obviously got capped at the London p.m. gold fix at 3 p.m BST—10 a.m. EDT. Although gold hit its high tick about 11:40 a.m. in New York, the price basically did nothing from the London afternoon gold fix, until the 5:15 p.m. close of electronic trading. Gold was closed well of its high of the day.
The low and high ticks were reported by the CME Group as $1,205.00 and $1,220.00 in the December contract.
…
Click to view a price quote on GLD.
Click to research the Financial Services industry.from TheStreet Search RSS Feed: Gold Prices Today http://ift.tt/1uDzca5
via IFTTT
More Stories
‘My 401k Misses You’: Black Woman Pumped To Meet Donald Trump In Philadelphia – July 18, 2023 at 04:56PM
Energy Provider Warns of Impending ‘Crisis,’ ‘Blackout Conditions’ Driven By Biden Plans – July 18, 2023 at 04:20PM
Dog starts barking at cows crossing a bridge, so the cows stop to have a look. – July 17, 2023 at 02:27PM