Today’s AM fix was USD 1,293.75, EUR 943.17 and GBP 769.72 per ounce.
Yesterday’s AM fix was USD 1,303.75, EUR 953.73 and GBP 777.85 per ounce.
Gold fell $10.50 or 0.8% yesterday to $1,295.60/oz. Silver slipped $0.29 or 1.47% to $19.48/oz.
Gold consolidated just below $1,300 an ounce today after mixed economic data. U.S. inflation ticked higher as seen in the U.S. producer prices which recorded their largest increase in 1-1/2 years in April as food prices surged, in a potential sign inflation pressures may be creeping up.
Today’s AM fix was USD 1,291.25, EUR 926.03 and GBP 761.13 per ounce.
Yesterday’s AM fix was USD 1,311.00, EUR 942.08 and GBP 772.54 per ounce.
Gold fell $18.40 or 1.41% yesterday to $1,289.40/oz. Silver slipped $0.25 or 1.28% to $19.31/oz.
After rising to near its highest level in three weeks early yesterday at $1,315/oz, gold experienced its biggest intraday price fall in three weeks yesterday, falling to $1,290/oz by close of New York trading. Silver likewise retreated from the $19.70/oz level to the $19.20/oz range.