Physical Demand “Will Determine Support for Gold” while Selloff was “Driven by Euro Weakness”
Dec.19, 2011
WHOLESALE MARKET gold bullion prices rose to $1607 an ounce Monday lunchtime in London – 0.5% up from last Friday’s close – while European stocks and commodities were broadly flat and government bond prices eased.
Silver bullion meantime rose to $29.36 per ounce just ahead of New York’s open – 1.2% down on last week’s close.
Originally from The Market Oracle


