Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
SMM Gold & Silver Morning Review (2012-10-16)
Oct 16, 2012 10:59COMEX gold for December delivery opened at USD 1,755.1/oz and closed down USD 22.1/oz or 1.26% at USD 1,737.6/oz on October 15.
SHANGHAI, Oct. 16 (SMM) – COMEX gold for December delivery opened at USD 1,755.1/oz and closed down USD 22.1/oz or 1.26% at USD 1,737.6/oz on October 15, USD 1.6/oz higher than London’s USD 1,736/oz in the afternoon. Highest and lowest COMEX prices during the day were USD 1,755.5/oz and USD 1,729.9/oz.
COMEX silver for December delivery opened at USD 33.5/oz and finally closed at USD 32.743/oz, falling USD 0.957/oz from the previous trading day, and USD 0.477/oz lower than London’s USD 33.22/oz. Highest and lowest COMEX prices during the day were USD 33.5/oz and USD 32.6/oz.
COMEX gold for December delivery dropped significantly to a monthly low. As the US economic data were reported positive, lowering expectations on easing policies and dragging down gold prices. On October 16, gold prices are expected to remain weak.
COMEX gold for December delivery
COMEX silver for December delivery
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
SMM Events & Webinars
All- Sep15
NET ZERO CHINA Field Trip
Sep 15 - 19,2025中国
- Sep26
2025 ASIA BATTERY MATERIAL COOPERATION SALON
Sep 26 - 26,2025Time：9.26 2025 Place：Seoul， South KoreaSeoul， South Korea
- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025Emmanuel Centre，London , the United Kingdom
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
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 © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
