Friday, February 10, 2006
Gold prices up, wait on US trade data
Story link: Gold prices up, wait on US trade data
by Brian Turner
by Brian Turner
At mid-morning on Friday in London, gold was up from Thursdays close in New York, trading at $558.30/$559.00 per troy ounce. Analysts said that if the price consolidated above $550 per troy ounce, it could mean another upward move in price could be in the offing. They also said that new US trade data, to be released later in the day, would have an effect on where prices will go.
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Latest Metals News:
Gold ends session lower in New York, but gains on week Gold prices retreat after setting new intraday high Gold closes at $1,666 per ounce in New York trade Gold prices at new records on disappointing US data Gold prices lower but comes off session lows on manufacturing data Gold sets new intraday, closing highs to end trading week in New York Copper rises; precious metals prices see declines Gold prices drop on profit-taking, stronger US dollar $1,616.80 per troy ounce: Another record high for gold Gold trades as high as $1,624.30 per ounce in New YorkPrevious: « Metals prices up after declines
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