Gold Today – New York closed at $1,268.90 yesterday after closing at $1,266.00 Friday. London opened at $1,262 today.
Overall the dollar was slightly weaker against global currencies, early today. Before London’s opening:
– The $: was slightly stronger at $1.1212 after yesterday’s $1.1220: 1.
– The Dollar index was slightly weaker at 97.04 after yesterday’s 97.13.
– The Yen was slightly weaker at 110.16 after yesterday’s 109.94:$1.
– The Yuan was slightly stronger at 6.7979 after yesterday’s 6.7985: $1.
– The Pound Sterling was slightly weaker at $1.2700 after yesterday’s $1.2704: 1.
Yuan Gold Fix
New York closed lower than Shanghai yesterday and London opened lower than Shanghai as the gold price continues to consolidate slightly lower.
Silver Today – Silver closed at $16.94 yesterday after $17.22 at New York’s close Friday.
LBMA price setting: The LBMA gold price was set today at $1,261.30 from yesterday’s $1,269.25. The gold price in the euro was set at 1,124.55 after yesterday’s 1,131.44.
Ahead of the opening of New York the gold price was trading at $1,263.85 and in the euro at 1,121.43. At the same time, the silver price was trading at $16.83.
Gold (very short-term)
The gold price should consolidate, in New York today.
Silver (very short-term)
The silver price should consolidate with a firm bias, in New York today.
This post was published at GoldSeek on 13 June 2017.
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