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Gold Posts Fourth Gain and New 9-Month High
Precious metals advanced on Tuesday, posting gains ranging from 0.4% for gold to 2% for palladium. Gold’s increase was a fourth straight. It also logged a new, over nine-month high. Gold for February delivery rose $6.80 to settle at $1,935.40 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was gold’s highest since it ended at $1,948.20 an ounce on April 21. "Gold prices are modestly higher in choppy, two-sided trading at midday Tuesday, after hitting a nine-month peak overnight. The market is seeing some normal backing and filling on the charts today. Still, the technical ... (full story)
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- Posted: Jan 24, 2023 11:30pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 116
