Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / SMM Morning Review - 2012/7/24 Gold & Silver

SMM Morning Review - 2012/7/24 Gold & Silver

Jul 24, 2012 10:50

Source:SMM

COMEX gold futures for delivery in August opened at USD 1,580.9/oz and closed at USD 1,577.4/oz Jul. 20, down USD 5.4/oz or 0.34% from the previous trading day.

SHANGHAI, Jul. 24 (SMM) -- COMEX gold futures for delivery in August opened at USD 1,580.9/oz and closed at USD 1,577.4/oz Jul. 20, down USD 5.4/oz or 0.34% from the previous trading day, but USD 5.15/oz higher than London’s USD 1,572.25/oz in the afternoon. Highest and lowest COMEX prices during the day were USD 1,582.4/oz and USD 1,562.7/oz.

COMEX silver futures for September delivery opened at USD 27.2/oz and closed at USD 27/oz, down USD 0.302/oz or 1.11% from the previous trading day, while USD 0.05/oz higher than London’s USD 26.95/oz of the day. Highest and lowest COMEX prices during the day were USD 27.3/oz and USD 26.7/oz.

COMEX August gold prices fluctuated slightly higher as record high debt yields in Spain added to worries towards the European debt crisis to drive risk aversion and in turn press down gold prices. SMM expects gold prices to remain weak today.

COMEX gold futures

COMEX silver futures

gold prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

Rising investor interest overshadows Gold physical market

Gold has been rallying in recent weeks, gaining traction above the 200-day moving average, as investor interest recovers from early-month weakness, helping overshadow a softer physical market.

time

Aug 2, 2017 09:48

Rising investor interest overshadows Gold physical market

Gold Bulls Remain On A Roll; Next Target $1,300

Gold prices are slightly up and scored a four-week high in early U.S. trading Monday.

time

Jul 25, 2017 10:47

Gold Bulls Remain On A Roll; Next Target $1,300

One Part Buyers, One Part Dollar, Add Dash of Chaos, Gold Surges to Higher Ground

Gold closed strongly higher on Friday. Based on the most active August 2017 futures contract, gold closed at $1254.00, up ten dollars.

time

Jul 24, 2017 09:43

One Part Buyers, One Part Dollar, Add Dash of Chaos, Gold Surges to Higher Ground

Credit Suisse cuts Gold, Silver price forecast for the rest of 2017

Credit Suisse has trimmed its gold forecast for the remainder of 2017 but still maintains a bullish outlook, looking for prices to advance from current levels.

time

Jul 19, 2017 15:08

Credit Suisse cuts Gold, Silver price forecast for the rest of 2017

Gold Hits 3-Wk High Amid Eroding US Dollar, Trump Troubles

Gold prices were ending the U.S. day session moderately higher and hit a three-week high Tuesday. A solidly lower U.S. dollar index that hit a 10-month low is supporting the precious metals markets.

time

Jul 19, 2017 09:54

Gold Hits 3-Wk High Amid Eroding US Dollar, Trump Troubles

Three Parts Dollar and One Part Buyers

For the third day in a row, gold closed sharply higher today. Gold prices have risen six out of the last seven trading days when considering the incremental upside gains seen early last week.

time

Jul 19, 2017 09:52

Three Parts Dollar and One Part Buyers

What are the factors to drive Indian Gold demand?

HSBC sees potential for Indian gold buying to pick up, and Commerzbank said a slump in the country’s gold purchases already appears to be abating.

time

Dec 15, 2016 15:03

Silver Manipulation Growing; Plantiffs Wanting To Add More Banks To Lawsuit

Swiss Bank UBS might not be off the hook and could be back in court with four other new banks in an ever-evolving lawsuit that alleges manipulation of gold and silver prices during the daily fix.

time

Dec 9, 2016 11:32

Gold Ends Weaker Amid Strong U.S. Dollar, Bearish Charts

Gold prices ended the U.S. day session moderately lower Thursday.

time

Dec 9, 2016 11:29

Gold Price Slump To Only Last Until H2-2017 - ICBC Standard Bank

Gold prices are under pressure, but any renewed weakness has already been priced in so prices are likely to move higher later in 2017, this according to one international bank.

time

Dec 9, 2016 11:27

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  To Be Determined
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.NEV Magnet Wire Industry Opportunity Discovery

2.Copper Substitution Market Study-Consumer Durables

3.Copper Substitution Market Study-Construction

4.Copper Substitution Market Study-Power Distribution

5.Copper Substitution Market Study-Power Transmission

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.