Live Spot Gold
SPOT MARKET IS OPEN
closes in 4 hrs. 59 mins.Nov 13, 2019 12:01 NY Time
| Bid/Ask | 1461.50 / 1462.50 | |
| Low/High | 1457.20 / 1467.20 | |
| Change | +5.80 | +0.40% |
| 30daychg | -31.00 | -2.08% |
| 1yearchg | +259.60 | +21.60% |
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Silver Price & PGMs
Nov 13, 2019 12:01 NY TimeKitco 10AM Silver Fix
| Silver | 16.88 | +0.14 |
| Platinum | 870.00 | +3.00 |
| Palladium | 1687.00 | +6.00 |
| Rhodium | 5150.00 | +50.00 |
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(Kitco, Wed. Nov. 13th, 2019) – Gold and silver prices are higher in early U.S. trading Wednesday. The precious metals are seeing some safe-haven demand at mid-week, along with some short covering in the futures markets following recent selling pressure. December gold futures were last up $11.90 an ounce at 1,465.30. December Comex silver prices were last up $0.228 at $16.93 an ounce.
Risk aversion is keener at mid-week following remarks made by President Trump in a speech in New York Tuesday. The mercurial Trump appeared to suggest the U.S. is not so keen on removing its tariffs on Chinese imports. While he said trade talks are going well and a “Phase 1” deal could be reached soon, reports have said the Chinese are adamant that the U.S. tariffs must be removed to get a Phase 1 trade deal signed. It should be not at all surprising that the marketplace’s perception of progress on the trade talks between the world’s two largest economies has down-ticked in recent days. The trade talks’ progress or lack thereof has been a rollercoaster affair for the markets for many months.
Asian and European stock indexes were mostly down overnight. U.S. stock indexes are pointed toward lower openings when the New York day session begins.
Posted by :
Jack Dempsey, President
401Gold Consultants LLC
jdemp2003@gmail.com
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