silver spot price
December Comex gold futures prices closed sharply higher on Thursday and in the afternoon of Wednesday, extending sharp gains after the meeting. The Federal Reserve Board of the gold and silver bull market is regaining momentum, some technical , but has more work to do in the near term in December Comex gold was last up $ 59.60 at $ 1,367.00 per ounce, gold was quoted more recent . $ 2.00 to $ 1,367.75 (the difference between the price changes daily and the price of gold on the Comex futures market because the price at the official . Settlement for futures market before the FOMC meeting on Wednesday afternoon on the occasion . There is a difference . Between price changes . The daily price of gold and gold futures and it is because of the difference of Settlement price times daily ), December Comex silver last traded up $ 1.671 at $ 23.235 an ounce.
Most stock market and financial world . Commodities have been driven by news that surprising of Wednesday afternoon FOMC decision of the Federal Reserve to drop is not a program to buy bonds of $ 85000000000-a- month, which is called quantitative easing at capture the market completely off guard members of the Federal Reserve said they remained confident the U.S. economy is healthy enough to start winding down QE Members Fed is worried about the recent increase in U.S. interest rates choked off . the economic recovery .
The market response has been ' meeting with the Federal Reserve appears no Tapered at least in the near term may be a game changer for many presses of the Federal Reserve will continue to run at high speed at least . While running , or even longer for the stock market, bonds and commodities . Since it allows . Market submerged . In the form of cash that has been looking for a house property , however , the market is again trying to figure out when the Federal Reserve reduced the debt monthly , it may be that the conventional short-term market. such a trader and investment uncertainty. As time continues to be fixed by the Fed changes monetary policy again pervades the market place uncertainty honed in on key issues in the market fundamentals often vulgar .
Looming federal budget and debt ceiling issue will soon be debated by the U.S. Congress . And the Obama administration . Becomes a front burner for the market place and the people . Tends to be bearish for the market as much as the U.S. government is already talking to be shut down for a short time .
U.S. economic data released Thursday includes the weekly report on initial jobless claims existing home sales , leading indicators of economic and Philadelphia over the business of the Fed is generally what a stroke but gold and silver barely there. interact with the data.
London AM gold fixing was $ 1,365.50 versus the previous PM fixing of $ 1,301.00 .
Technically, futures , gold December Bears still have a slight overall near-term technical advantages , but the profit rates on Friday and closed high in Golden Week is a cow with a momentum technical overturn better to suggest . rising prices can start a new bull gold 'next upside near-term objectives breakout price is close to production, the higher the resistance, technically solid $ 1,400.00 bear breakout downside in the near term target price. a close below the support price . Solid $ 1300.00 resistance was first seen is higher Thursday, $ 1,375.40 and then at $ 1,385.00 to support the first is seen at Thursday's at $ 1,358.50 and then at $ 1,350.00 rankings . the Wyckoff: 4.5.
December silver price futures closed near the session high, the Bears still have a slight overall near-term technical advantages , but the Bulls will get a momentum technical upside down to better production by the profit on the day . Friday 's bullish close higher weekly upside cow money prices ' next to the breakout , the price close above resistance technically solid at $ 24.25 per ounce, the price disadvantage to the breakout bears is closing prices below technical support . Solid low this week of $ 21.225 resistance is first seen is high on Thursday of $ 23.445 and then at $ 23.64 and further support is seen at Thursday's of $ 22.855 and then at $ 22.50 Ranking of the Wyckoff: 4.5.
December NY copper closed 665 points 334.50 cents Thursday to close near the session high and hit a fresh three-week high, bull and bear bronze levels . The near-term technical playing field , but the bull is gaining upside momentum . On the upside, the copper bulls ' next breakout is pushing and closing prices above solid technical resistance at the August high of 339.50 cents next downside price breakout objective for the bears is closing prices below technical support. Solid September low of 319.05 cents resistance was first seen is high on Thursday of 335.65 cents and then at 338.00 cents support first saw was low on Thursday of 331.10 cents and then at 330.00 cents . Ranking of the Wyckoff: 5.0.
silver spot price
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