Gold Seeker Closing Report


"Gold and silver fall about 1% while stocks gain 3%"

Gold remained near unchanged in Asia and London before it dropped over $10 to as low as $919.20 shortly after 9:30AM EST in New York and then rebounded slightly midday, but it subsequently fell back off in the last hour of trade and ended with a loss of 0.99%. Silver saw slight gains in Asia before it fell back off in London and early New York trade to as low as $13.656 by about 10AM EST, but it then rallied back higher into the close and ended with a loss of just 1.43%.

Euro gold fell to about 681, platinum gained $24 to $1128, and copper gained nearly 5 cents to about $2.07.

Gold and silver equities fell over 2% at the open before they rallied back near unchanged midday and then fell back off near their earlier lows by mid-afternoon, but they next rallied back higher into the close and ended near unchanged the day.

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