Tuesday, December 27, 2011

Comex Gold Weaker in Thin Holiday Trading


 Comex February gold futures prices are trading modestly lower in early U.S. dealings Tuesday, in quiet holiday trading conditions. The London markets are closed Tuesday. Look for the rest of this week to be a subdued trading affair for the precious metals and most other markets—barring any surprise geopolitical development. February gold last traded down $10.40 at $1,595.60 an ounce. Spot gold was last quoted down $12.80 an ounce at $1,594.75.  March Comex silver last traded down $0.224 at $28.86 an ounce.

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