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Official Says Most Austrian Gold Held In London

Published 11/23/2012, 06:15 AM
Updated 07/09/2023, 06:31 AM
  • Today’s AM fix was USD 1,729.75, EUR 1,344.23, and GBP 1,084.35 per ounce.
  • Yesterday’s AM fix was USD 1,726.75, EUR 1,350.71, and GBP 1,085.05 per ounce.
  • Gold inched up $1.50 or 0.09% in New York yesterday and closed at $1,729.20. Silver surged to a high of $33.378 and finished with a gain of 0.51%. Gold is now some 1% higher for the week and silver nearly 3% higher for the week and higher weekly closes will be bullish from a technical perspective.
Cross Currency Table
  • Gold priced in Japanese yen rose to a nine-month high this morning at 143,262 yen/oz and is on track for its biggest weekly rise since February, up 2.8% according to Reuters.
  • The yen came under heavy pressure from growing speculation that the Bank of Japan would aggressively ease monetary policy in the coming months.
  • Gold trading is quiet with the US markets closed for the Thanksgiving holiday today and the early close tomorrow.

















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