Closing Gold & Silver Market Report – 12/13/2010
By Peter LaTona
December 13, 2010
Gold price - $1,395.20
Silver price - $29.59
Platinum price - $1,701.30
Palladium price – $ 758.00
COMMENTARY: Precious metals prices held their early morning gains throughout the day. The driving force was the Chinese decision not to raise interest rates. A weaker US Dollar also factored in to today’s trades.Bailing out Greece and Ireland is one thing, but the real concern is Spain. If it gets to that, and there are many who think it will, go long gold!
Gold spot price is up $10.30 – Silver spot is up 98 cents – Platinum spot price is up $25.00 – Palladium price is up $25.30
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