Gold UpdateMain Street Trading - Thu Feb 11, 2:19PM UTC
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Metals prices this morning are mixed: GCJ6 -10.7 (-0.86%), SIH6 -0.094 (-0.60%), HGH6 +0.030 (+1.50%). Thursday's closes: GCJ6 +53.2 (+4.45%), SIH6 +0.512 (+3.35%), HGH6 -0.0205 (-1.01%). Metals prices on Thursday settled mixed with Apr gold at a 1-year high, Mar silver at a 3-1/2 month high. Gold and silver rallied after the dollar index fell to a 3-1/2 month low and after global equity markets sold-off, which spurred safe-haven buying of precious metals. Mar copper fell to a 2-week low as the sell-off in global equity markets reduced confidence in the economic outlook and in industrial metals demand.