Today’s AM fix was USD 1,253.50, EUR 919.12 and GBP 757.04 per ounce.
Yesterday’s AM fix was USD 1,270.00, EUR 927.82 and GBP 767.14 per ounce.
Gold fell $13.30 or 1.05% on yesterday to $1,255.10/oz. Silver slipped $0.28 or 1.41% to $19.63/oz.
Gold is marginally lower today in dollars but higher in yen and emerging market currencies. The fall in stock markets and in currency values in many emerging markets should support gold and is leading to an increase in demand for physical gold. Continue reading