From Chris Mullen at GoldSeek.com...
The Gold Price rose nearly 1% to $952.95 by early trade in London on Thursday, but it then fell back off for most of the rest of trade and ended the Comex session in New York with a loss of 0.55%.
Silver rose to $18.74 before it fell to as low as $18.145 by late morning in New York, rallying to end with a loss of 0.27%.
The Gold Price in Euros slipped to €591, platinum gained $29 to $2048.50, and copper fell nearly 5 cents to about $3.94.
Oil rose to a new record intraday high at $115.54 before it pulled back off bit in afternoon trade as some supply concerns eased, but it still looks set to end near its new record closing high set yesterday.
The US Dollar index rose from Wednesday’s new record low after comments from Euro-group Chairman Juncker turned the Euro lower, but a weaker than expected reading from the Philadelphia Fed – down to minus 24.9 against minus 15 forecast - encouraged fresh Dollar selling later in the day.
Treasury bonds meantime fell despite weak US economic data showing a surprise jump in new jobless claims. Stock indices also fell. Gold and silver mining stocks fell about 1.5% by midmorning and remained near that level for the rest of trade.
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