Home / Metal News / Precious Metals / SMM Morning Review - 2012/2/3 Gold & Silver
SMM Morning Review - 2012/2/3 Gold & Silver
Feb 3,2012 09:45CST
smm insight
Source:SMM
COMEX April gold futures opened at USD 1,748.8/oz and closed at USD 1,759.3/oz on February 2, up USD 9.8/oz or 0.56% from the previous trading day.

SHANGHAI, Feb. 3 (SMM) -- COMEX April gold futures opened at USD 1,748.8/oz and closed at USD 1,759.3/oz on February 2, up USD 9.8/oz or 0.56% from the previous trading day, and USD 8.3/oz higher than London’s USD 1,751/oz in the afternoon. Highest and lowest COMEX prices during the day were USD 1,763.1/oz and USD 1,745.2/oz.

COMEX March silver futures opened at USD 33.8/oz and closed at USD 34.175/oz on February 2, up USD 0.368/oz or 1.09% from the previous trading day, and USD 0.505/oz higher than London’s USD 33.67/oz during the day. Highest and lowest COMEX prices during the day were USD 34.4/oz and USD 33.5/oz.

Gold and silver advanced on Thursday firstly supported by a further drop in US new jobless claims and a new low of continued such claims since September 6, 2008, and then backed by Fed president Bernanke’s pledge to make best efforts to protect the US economy against impact from the European debt crisis. Today’s market focus will be the US non-farm payroll data in January and the two precious metals are expected to see more gains.

gold price
silver price
Fed

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

    timeApr 28, 2020 14:49timezoneCST
    timeApr 28, 2020 21:34timezoneCST
    timeApr 28, 2020 19:42timezoneCST
    timeApr 28, 2020 19:34timezoneCST
    timeApr 28, 2020 18:54timezoneCST
    timeApr 28, 2020 18:13timezoneCST
    timeApr 28, 2020 17:54timezoneCST
    timeApr 28, 2020 18:24timezoneCST
    timeApr 28, 2020 16:51timezoneCST
    timeApr 28, 2020 16:38timezoneCST
MOST POPULAR
data analysis
data analysis
data analysis
data analysis
data analysis