SHANGHAI, Oct. 30 (SMM) – COMEX gold for December delivery opened at USD 1,712.8/oz and closed at USD 1,708.7/oz on October 29, down USD 3.2/oz or 0.19%, and USD 1.7/oz higher than London’s USD 1,707/oz in the afternoon. Highest and lowest COMEX prices during the day were USD 1,717.8/oz and USD 1,706.4/oz.
COMEX silver for December delivery opened at USD 32/oz and finally closed at USD 31.745/oz, down USD 0.255/oz or 0.8% from the previous trading day, and USD 0.075/oz lower than London’s USD 31.82/oz. Highest and lowest COMEX prices during the day were USD 32.2/oz and USD 31.7/oz.
COMEX gold for December delivery fell again on Tuesday. The US dollar index rose as the hurricane Sandy added to risk aversion, driving down gold prices. On October 30, gold prices are expected to remain weak.