Today’s AM fix was USD 1,239.50, EUR 915.57 and GBP 749.67 per ounce.
Yesterday’s AM fix was USD 1,247.75, EUR 922.01 and GBP 758.93 per ounce.
Yesterday, gold fell $10.10 or 0.8% to $1,241.80/oz. Silver slipped 0.44 or 2.2% to $19.82/oz.
Gold fell to its lowest level in a week today. Singapore Bullion Market Association (SBMA) Secretary Albert Cheng told Bloomberg overnight that Singapore’s gold fix plan is still in process. Singapore is positioning itself as Asia’s global precious metals hub.