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Gold Seeker Closing Report: Gold and Silver Gain Over 1%

Gold extended last week’s late after hours access trade gains and rose to as high as $1073.70 in late Asian trade before it fell back off in London and dropped to as low as $1061.50 by about 9:30AM EST in New York, but it then chopped its way back higher into the close and ended with a gain of 1.24%. Silver climbed to $15.305 and dropped to $14.92 before it also rallied back higher and ended with a gain of 1.75%.

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Nearly 3% and 9% on the Week, But Miners Gain 4%

Gold rose $4.47 to $1067.37 in Asia before it plummeted to see a loss of $13.63 at as low as $1049.27 by a little before 4AM EST and then chopped its way back higher in London and New York to see only slight losses by late morning, but it then fell to a new session low of $1044.50 midday and ended with a loss of 1.00%. Silver fell as much as $0.76 to $14.46 by a little before 12AM EST before it bounced back higher into the close, but it still ended with a loss of 3.77%. However, both metals have risen in after hours access trade to see over 1% gains from those closes at the time of writing.

COT Silver Report - February 5, 2010

COT Silver Report - February 5, 2010