International Precious Metals Market

The New York Mercantile Exchange (COMEX) gold futures closed up on the 12th. Among them, the April gold futures rose 4.70 U.S. dollars to close at 949.2 U.S. dollars / oz.

Following is an international precious metals market, February 13 Morning Post
http://blogs.grab.com/msary50/717909

First, closing comments:

Integrated Media February 13 reported that the New York Mercantile Exchange (COMEX) gold futures touched on February 12 a new high of 6 and a half months, due to hedge buying continues, the scale of buying over the previous trading day decreased. Gold on the 11th because of technical breakthroughs and accelerate the rise. April gold futures settled up 4.70 U.S. dollars to 949.20 U.S. dollars / oz.

Alaron Trading analyst Dave Meger, senior metals, said gold rose 12 date are still subject to hedge buying and investment demand-driven, in addition to the stock market continued to pressure gold prices is also one of the reasons why.

Market observers said that the technical elements, the trend is still favorable for gold.

March silver futures fell 1 cents to 13.51 U.S. dollars / oz. Silver futures briefly touched on the eve of September 29, 2008 the highest level since 13.72 U.S. dollars / oz.
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