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« Gold, HUI, and stocks | Main | AGNICO EAGLE: On the move! »
Thursday
Jan252007

GOLD: passes $650 in London

gold01
We know that it is only 4.30am in North America so we thought that it would be a nice way to start to your day with gold going up overnight. To make money while you are asleep has a magical feel to it.

London is the largest market for trading physical gold in the world but strangely it does tend to follow the American market activity. The market can be having a really good day with gold stocks up but then NYSE opens in a negative mood and all of the gains made in London disappear.

Well just for a change maybe the London Stock Exchange can hold on to its gains toady and roll into New York in a positive mood that affects New York in a similar manner.

Top of the morning to you.

25 January 2007


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Reader Comments (1)

True to form the North American market took gold down again. This happens almost every day - has anyone any idea why?

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Best wishes

Bob

January 26, 2007 | Unregistered CommenterBob

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