Gold Seeker Closing Report: Silver Outpaces Gold While Dollar Drops to 2009 Low - 4 August 2009
From Chris Mullen of Gold-Seeker.com .
Gold
traded mixed in Asia and rose in London and morning New York trade to
as high as $962.15 by a little after noon EST before it fell back off
in the last hour of trade, but it still ended with a gain of 0.33%.
Silver traded roughly 1% higher in Asia and rose in London to as high
as $14.462 by about 9AM EST in New York before it fell back off a bit
heading into the close, but it still ended with a gain of 2.29%.
Euro gold fell to about €664 on euro strength, platinum gained $28.50 to $1231.50, and copper gained over 11 cents more to about $2.73.
Gold and silver equities rose almost 4% in the first hour of trade before they fell back off a bit in later trade, but they still ended with about 3% gains on the day.




