Gold Seeker Closing Report: Gold and Silver Fall About 1%
Gold Seeker Closing Report: Gold and Silver Fall About 1%
By: Chris Mullen, Gold-Seeker.com
-- Posted Tuesday, 27 December 2011 | Share this article | Source: GoldSeek.com
Close
Gain/Loss
Gold
$1593.20
-$14.00
Silver
$28.65
-$0.43
XAU
182.66
-1.33%
HUI
503.97
-1.52%
GDM
1439.69
-1.58%
JSE Gold
2955.86
+64.12
USD
79.81
-0.20
Euro
130.68
+0.19
Yen
128.44
+0.41
Oil
$101.34
+$1.66
10-Year
2.009%
-0.021
T-Bond
142.4375
+0.46875
Dow
12291.35
-0.02%
Nasdaq
2625.20
+0.25%
S&P
1265.43
+0.01%
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The Metals:
Gold fell to as low as $1589.60 by early afternoon in New York before it bounced back higher in the last few hours of trade, but it still ended with a loss of 0.87%. Silver slipped to as low as $28.488 and ended with a loss of 1.48%.....
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For thousands of years Precious Metals (PM) such as Gold (Au) and Silver (Ag) have been utilized as real money for exchange, wealth store, and metric of value. While I am NOT an advocate of one single commodity backing our money (like a gold standard), I do believe that the price trend of PMs are the most important indicators of the value of fiat money, plus the crimes of corrupt banking corporations and governments that manipulate PM prices. The "Canary in the coal mine" is Gold - AuCanary.
Today's FINVIZ 5 Minute Charts - (for other charts go to the bottom of this page)
Click HERE for more real-time ADVANCED CHARTS and see the bottom of this page for more real time price updates.
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