China’s Gold Reserves: Watch What They Do, Not What They Say
Saturday, March 16, 2013 12:11
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by Ed Steer
Ed Steer’s Gold & Silver Daily
Yesterday In Gold & Silver
Friday gold trading was dead both in volume and price everywhere on Planet Earth on Friday. The high tick of the day, such as it was, came at the London p.m. gold fix…and from there it got sold down a bit until the 1:30 p.m. close of Comex trading in New York. Then the gold price traded sideways into the electronic close.
Gold’s high was $1,600.20 spot…another capped attempt to break through the $1,600 price ceiling that currently exists in this metal.
Gold closed on Friday at $1,592.90 spot…up $2.60 on the day. Net volume was an extremely light 87,000 contacts…give or take.
Continue Reading at CaseyResearch.com…
2013-03-16 12:03:34
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