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Gold and Silver Market Morning: April 11 2017 – Gold firm below resistance $!

Tuesday, April 11, 2017 17:09
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(Before It's News) / Julian D.W. Phillips  / 11 April 2017

B4INREMOTE-aHR0cDovL3d3dy5nb2xkc2Vlay5jb20vaW1hZ2VzL2dzbG9nby5qcGc=Gold Today –New York closed at $1,254.30 yesterday after closing at$1,254.60 Friday. London opened at $1,256.30 today. 

Overall the dollar was stronger against global currencies early today. Before London’s opening:

–         The $: € was stronger at $1.0608 after Friday’s $1.0638: €1.

–         The Dollar index was stronger at 100.90 after Friday’s 100.71.

–         The Yen was almost unchanged at 110.66 after Friday’s 110.65:$1.

–         The Yuan was weaker at 6.9012 after Friday’s 6.8992: $1.

–         The Pound Sterling was weaker at $1.2416 after Friday’s $1.2465: £1.

Yuan Gold Fix

The Shanghai Gold Exchange was trading at 281.60 towards the close today.

This translates into $1,269.16. New York is trading at a $14.86 discount to Shanghai and London opened at a $12.86 discount to Shanghai.


The post Gold and Silver Market Morning: April 11 2017 – Gold firm below resistance $! appeared first on Silver For The People.

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