Gold Price still decline to $1048.77

Commodity market news today about the price of gold is still down towards a level $ 1000.On this night trading gold prices still have impairment. Apparently negative trend can still end up in the last 3 days. Having had touched its highest level this is not in the position of 1124 dollars per troy ounce, gold prices continue to decline. Spot gold fell by 10.20 dollar to 1052.80 dollars per troy ounce. Meanwhile, gold futures weakened on the position of 1053.95 dollars per troy ounce, a level of support for $1048.77  per troy ounce.While  Commodity Asian market news, Consolidated Gold prices after gold prices fell in Asian trade yesterday.In today was the price of gold has a stable movement. The price of gold in the consolidation phase after the trade last night to record a sharp decline. Investors are still waiting for the release of data from the U.S. labor sector tonight.

This entry was posted on Friday, February 5th, 2010 at 15:30 and is filed under Asia Trading, Commodity, Gold Price. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.