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SMM Morning Review - 2012/7/25 Gold & Silver
Jul 25,2012 10:14CST
price review forecast
Source:SMM
COMEX gold futures for delivery in August opened at USD 1,580.7/oz and closed at USD 1,580.8/oz Jul. 24, down USD 1.2/oz or 0.08% from the previous trading day.

SHANGHAI, Jul. 25 (SMM) -- COMEX gold futures for delivery in August opened at USD 1,580.7/oz and closed at USD 1,580.8/oz Jul. 24, down USD 1.2/oz or 0.08% from the previous trading day, and USD 2.45/oz lower than London’s USD 1,583.25/oz in the afternoon. Highest and lowest COMEX prices during the day were USD 1,587.8/oz and USD 1,573.4/oz.

COMEX silver futures for September delivery opened at USD 27/oz and closed at USD 26.811/oz, down USD 0.189/oz or 0.7% from the previous trading day, and USD 0.119/oz lower than London’s USD 26.93/oz of the day. Highest and lowest COMEX prices during the day were USD 27.1/oz and USD 26.6/oz.

COMEX August gold prices fluctuated slightly lower as weak euro-zone economic data and increasing possibilities for a “Grexit” continued to strengthen the dollar to weigh down gold prices. SMM expects gold prices to remain weak today.
 

COMEX gold futures
COMEX silver futures
gold prices

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