Gold and Silver Market Morning: Dec 19 2016 – Gold and Silver Stabilizing?

Jon Gold, Market Commentary, Precious Metals, Silver

Gold Today – New York closed at $1,133.40 Friday after closing at$1,127.4 on the 15th December. London opened again at $1,140.85today.
Overall the dollar is slightly weaker against global currencies today.
– The $: was weaker at $1.0415: 1 from $1.0441: 1 Friday.
– The Dollar index was stronger at 103.09 from 102.95 Friday.
– The Yen was stronger at 117.11: $1 from yesterday’s 118.17 against the dollar.
– The Yuan was much weaker at 6.9510: $1 from 6.9463 $1yesterday.
– The Pound Sterling was weaker at $1.2373: 1 from yesterday’s $1.2430: 1.
Yuan Gold Fix
Shanghai prices were not available when we produced this report.
LBMA price setting: The LBMA gold price setting was at $1,137.60this morning against Friday’s $1,134.85.
The gold price in the euro was set higher at 1,092.11 after Friday’s1,085.31.

This post was published at GoldSeek on 19 December 2016.