Wednesday, August 10, 2011

Gold Nears $1800

*Update 2: Correcting to the low $1790's after touching $1799.20
*Update: $1798.50!

Because $1776 is so 10 o'clock.
Gold is now up $45 on the day, has cleared $1790, and is targeting $1800!
If a decent reaction is not seen at $1800, this could rapidly become disorderly to the upside.

Silver is now being dragged upward by gold even as the general market collapses again, as silver is up $1.50 and is targeting $40 once more.


MARKET IS OPEN
(Will close in 5 hrs. 35 mins.)
Metals
Time
(EST)

Ask Change Low High
Buy gold Gold Charts  GOLD
11:50
1790.70
+44.50
+2.55%
1757.70 1790.70
Buy silver Silver Charts  SILVER
11:50
39.15
+1.34
+3.55%
38.08 39.23



Live 24 hours gold chart [Kitco Inc.]