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The prices of Gold and Silver...

PostPosted: Mon Aug 09, 2010 5:30 am
by Johnkitty
Precious metals got liquidated last week, especially in the gold market as prices broke the support of $1,180 on the downside to trade at $1,157 in the Aug contract, but recently bounced to $1,180 to close out the week on value buying. Silver for immediate delivery increased 0.8 percent to $18.065 an ounce, platinum advanced 1 percent to $1,587.95 an ounce, while palladium was little changed at $497.25 an ounce.