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12 Sep 2013
Gold going nowhere around $1365
FXstreet.com (Barcelona) - Gold has been surprisingly going nowhere in last 24 hours trading last at $1365 totally flat since previous Asia-Pacific open yesterday with 2 dips in the middle to fresh 3-week lows at $1355 as military intervention in Syria seems to be taking longer than previously expected.
With only upside to as high as $1368, Silver has improved a little bit more than Gold, trading last at $23.18, slightly higher since yesterday's open and -2.7% lower for the week so far. Silver also printed fresh 3-week lows yesterday at $22.75 following Obama's speech, while capped to the upside below $23.30.
Iron ore has also eased to the $135 region, despite better than expected Chinese data lately, while Copper keeps trading in range since Friday around the $3.26 level, closing on Wednesday in NY up +0.21%.
With only upside to as high as $1368, Silver has improved a little bit more than Gold, trading last at $23.18, slightly higher since yesterday's open and -2.7% lower for the week so far. Silver also printed fresh 3-week lows yesterday at $22.75 following Obama's speech, while capped to the upside below $23.30.
Iron ore has also eased to the $135 region, despite better than expected Chinese data lately, while Copper keeps trading in range since Friday around the $3.26 level, closing on Wednesday in NY up +0.21%.