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1 Nov 2013
Gold, the biggest loser?
FXstreet.com (Chicago) – Metals print mixed results closing the week and starting the month after a heavy release of facts in the US , China and Japan. Next week, market participants are also expecting key data releases with the non-manufacturing PMI results in China, factory data and GDP results in the US along other European and Japanese results publications.
At $1,315.30, gold retraces 0.63% and prints lows at $1,305.60 and highs at $1,327.30. Silver is also down 0.01% and trades at $21.87 bouncing off $21.71 session lows and retracing from $22 session highs. Copper is also losing and prints 0.06% in retracements to now be offered at $3.2985 with lows at $3.2905 and highs at $3.3260. On the other hand, Platinum advances 0.37% and trades at $1,453.80 registering lows at $1,445.80 and highs at $1,458.90. Finally, palladium is offered at $741.50 and prints $732.30 session lows along $742 session highs advancing 0.59%.
At $1,315.30, gold retraces 0.63% and prints lows at $1,305.60 and highs at $1,327.30. Silver is also down 0.01% and trades at $21.87 bouncing off $21.71 session lows and retracing from $22 session highs. Copper is also losing and prints 0.06% in retracements to now be offered at $3.2985 with lows at $3.2905 and highs at $3.3260. On the other hand, Platinum advances 0.37% and trades at $1,453.80 registering lows at $1,445.80 and highs at $1,458.90. Finally, palladium is offered at $741.50 and prints $732.30 session lows along $742 session highs advancing 0.59%.