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SMM Gold & Silver Morning Review (2012-10-19)
Oct 19,2012 10:52CST
price review forecast
Source:SMM
COMEX gold for December delivery opened at USD 1,751.3/oz and closed at USD 1,744.7/oz.

SHANGHAI, Oct. 19 (SMM) – COMEX gold for December delivery opened at USD 1,751.3/oz and closed at USD 1,744.7/oz, down USD 8.3/oz or 0.47% on October 18, USD 1.7/oz higher than London’s USD 1,743/oz in the afternoon. Highest and lowest COMEX prices during the day were USD 1,753.4/oz and USD 1,739.4/oz.

COMEX silver for December delivery opened at USD 33.2/oz and finally closed at USD 32.868/oz, falling USD 0.364/oz or 1.1% from the previous trading day, and USD 0.122/oz lower than London’s USD 32.99/oz. Highest and lowest COMEX prices during the day were USD 33.3/oz and USD 32.7/oz.

COMEX gold for December delivery moved down on October 18 as the two-day summit of European leaders in Brussels caused market concerns, driving up the US dollar index. On October 19, gold prices are expected to remain weak.

 

 

COMEX gold for December delivery
COMEX silver for December delivery

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