MARKET IS OPEN (Will close in 21 mins.) | ||||||||||
Metals | Date | Ask | Change | Low | High | |||||
GOLD | 03/08/2012 | 1701.40 | +16.10 | +0.96% | 1688.20 | 1705.00 | ||||
SILVER | 03/08/2012 | 34.00 | +0.47 | +1.41% | 33.27 | 34.11 |
Gold has actually now just closed the globex session at $1700.50, and silver was capped just below $34 for a close of $33.98. Big surprise there, right?
While for now it appears that bottoms are in for both gold and silver, we'll wait till after tomorrow's BLS report session to know for sure, as these are one of the cartel's favorite days for raids.
Silver clearly capped at $34 all day today:
Gold clearly being capped at $1700 as well: