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Sax-Gold Ent



Thursday, April 16, 2009

Gold Analisys

Gold and Treasuries Rise as Oil Softens - Wednesday 15th April 2009
Gold rose $3.65 to $898.30 in Asia before it fell to as low as $886.05 by about 10:30AM EST in New York, but it then rallied back higher in the last few hours of trade and ended with a loss of just 0.43%. Silver rose a couple of cents to $12.78 in Asia before it fell back off in London and early New York trade to as low as $12.56 by about 10AM EST, but it then shot back higher into the close and ended near its new session high of $12.802 with a gain of 0.27%.

Euro gold rose to about €671, platinum lost $31 to $1210, and copper fell slightly to about $2.12.
Gold and silver equities rose about 1% by early afternoon, but they then fell back off into the close and ended with slight losses.

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