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SMM Morning Review - 2012/7/3 Gold & Silver
Jul 3,2012 11:57CST
price review forecast
Source:SMM
COMEX gold futures for delivery in August opened at USD 1,599.7/oz and closed at USD 1,597.7/oz on Jul. 2, down USD 6.5/oz or 0.41% from the previous trading day.

SHANGHAI, Jul. 3 (SMM) -- COMEX gold futures for delivery in August opened at USD 1,599.7/oz and closed at USD 1,597.7/oz on Jul. 2, down USD 6.5/oz or 0.41% from the previous trading day, but USD 5.7/oz higher than London’s USD 1,592/oz in the afternoon. Highest and lowest COMEX prices during the day were USD 1,601.3/oz and USD 1,587.8/oz.

COMEX silver futures for September delivery opened at USD 27.5/oz and closed unchanged at USD 27.5/oz, down USD 0.112/oz or 0.41% from the previous trading day, but USD 0.14/oz higher than London’s USD 27.36/oz of the day. Highest and lowest COMEX prices during the day were USD 27.6/oz and USD 26.2/oz.

COMEX August gold prices shed slight losses overnight on doubts over the late EU Summit deal to solve the region’s debt crisis and disappointing US ISM manufacturing data. Gold prices should remain weak today.

COMEX gold futures
COMEX silver futures

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