Gold Today – New York closed yesterday at $1,285.60. Londonopened at $1,285.30 today.
Overall the dollar was almost unchanged against global currencies before London’s opening:
– The $: was almost unchanged at $1.1784 after the yesterday’s$1.1782: 1.
– The Dollar index was almost unchanged at 93.39 afteryesterday’s 93.36.
– The Yen was almost unchanged at 109.36 after yesterday’s 109.33:$1.
– The Yuan was weaker at 6.6624 after yesterday’s 6.6559: $1.
– The Pound Sterling was weaker at $1.2811 after yesterday’s $1.2850: 1
Yuan Gold Fix
New York closed at $2.40 lower at Shanghai’s close yesterday. Today, sees Shanghai having traded at 278 for the earlier half of the day settling at 277.50 later in the day, which equates to $5 higher than London’s opening. London is now closing this gap in morning trade.
We are seeing prices pausing and building strength, ahead of breaking higher.
Silver Today – Silver closed at $17.00 yesterday after $17.00 at New York’s close both Monday and Friday.
This post was published at GoldSeek on 23 August 2017.
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