Comex Outlook 18/03/2015


Posted March 18, 2015 by somyagupta

Spot gold was up 0.2 percent at $1,151.10 an ounce by 0220 GMT, recovering slightly from Tuesday's trough of $1,142.86 - its lowest since Nov. 7.

 
Precious metals prices 0220 GMT Metal Last Change Pct chg YTD pct chg Spot Gold 1151.10 2.55 +0.22 -2.74 Spot Silver 15.55 0.04 +0.26 -0.70 Spot Platinum 1095.00 2.17 +0.20 -8.74 Spot Palladium 760.75 0.00 +0.00 -4.03 COMEX GOLD APR5 1150.40 2.20 +0.19 -2.85 COMEX SILVER MAY5 15.57 -0.01 -0.05 -0.19 Euro/Dollar 1.0605 Dollar/Yen 121.33.
FUNDAMENTALS
Spot gold was little changed at $1,150.30 an ounce by 0029 GMT, not far above Tuesday’s trough of $1,142.86 – its lowest since Nov. 7.
U.S. gold was steady at $1,149.50 an ounce.
SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings dropped 0.4 percent to 747.98 tonnes on Tuesday.
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Last Updated March 18, 2015