Silver Market Morning: Jan 3 2017 - Gold and Silver reflecting currency moves as 2017 starts!

Snippet: 
On Friday the New York price closed at $1,151.70 on the last business day of last year, after Shanghai had closed at $1,187.35 a difference of $31.65 allowing for the difference in the gold being priced. This price also reflected a weaker dollar seen on Friday. This distorts the gold price we see today, so until the SGE publishes the gold price on the day it is set, we will need to adjust our perspective with hindsight.

Gold Today

Tuesday, January 3rd

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First published here: Silver Market Morning: Jan 3 2017 - Gold and Silver reflecting currency moves as 2017 starts!

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