Gold & Silver Close Monday Higher as All US Markets Rise Vs. Dollar

From Chris Mullen at GoldSeek.com...

Gold climbed as much as $24.43 an ounce to a high of $1348.93 in Asia on Monday, before it fell back off in London and New York to drop as low as $1333.30.

The Gold Price then rallied back higher in the last couple of hours of trade. and ended with a gain of 1.1%.

The Gold Price in Euros rose to about €957 per ounce.

Silver Prices climbed as high as $23.83 by about 08:00 Eastern, before also falling back in New York but still ending with a gain of 1.8%.

Platinum gained $23 to $1691.50, and copper gained over 6 cents to about $3.86.

Gold Mining and silver equities rose over 2% at the US opening, before they pared their gains a bit midday, but then climbed back higher in afternoon trade and ended near their earlier highs.

The Dow, Nasdaq, S&P, Treasury bonds and crude oil all rose as the US Dollar index fell after the weekend's G-20 meeting in Seoul.

Sales of Existing US Homes showed a sharp rise in Sept., new data showed.

Tuesday at 09:00 EST brings the Case-Shiller 20-City Index of US Home Prices for August, expected up 2.1%. At 10:00 comes US Consumer Confidence for October, expected at 49.0, and the FHFA Home Price Index for August.

Buying Gold today...? Do it online to get the safest gold at the lowest prices, owned by you outright, and starting with this free gram stored securely in Zurich, Switzerland on your behalf by world No.1 BullionVault...