Tuesday, July 23, 2013

Gold holds $1300, Silver clears $20

Nice action in NY trading overnight as traders covered short positions exposed with the price jump in gold over $1300 during earlier Sydney trading. Gold finished the COMEX session at $1336 or 3.33% up from the Friday close. Silver also provided smiles for long suffering Ag bugs with a strong pop above $20, with the COMEX closing at $20.51 - a massive 5.39% rise over the close on Friday.

Charts from goldprice.org