Gold, Silver and Crude Oil Price

By International Business Times August 17, 2012, 03:28:45 AM EDT

US Gold futures finished pit trade higher Thursday. The precious Yellow metal traded near steady in early trading and then advanced when the USD index came under selling pressure following new weak US economic data.

Higher Crude Oil futures prices Thursday supported precious metals.

Dec Gold futures are now trading comfortably above the psych mark of $1,600.00. Near-term trading is within a well-defined range on the daily chart.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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