GOLD VIEW TECHNICAL OUTLOOK......
Gold futures ended sharply higher and hit a fresh six‐week high
Thursday. The precious yellow metal was boosted by the somewhat
surprising interest rate cut by the European Central Bank and by
more safe‐haven investment demand as the EU debt crisis drags on.
A weaker U.S. dollar index also helped to boost the precious metals
markets Thursday. December gold last traded up $37.70 at
$1,767.20 an ounce. Spot gold last traded up $28.60 an ounce at
$1,766.50. December Comex silver last traded up $0.637 at $34.58
an ounce.
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