CME Declares Force Majeure Due To “Operational Limitations” On NYC Gold Depository
November 27, 2012 - 7:47am
From GoldCore Gold Bullion CME Declares Force Majeure Due To “Operational Limitations” On NYC Gold Depository Today’s AM fix was USD 1,747.25, EUR 1,349.54, and GBP 1,090.46 per ounce. Yesterday’s AM fix was USD 1,747.25, EUR 1,347.56, and GBP 1,090.87 per ounce. Silver is trading at $34.08/oz, €26.41/oz and £21.34/oz. Platinum is trading at $1,620.50/oz, palladium at $666.40/oz and rhodium at $1,065/oz. Cross Currency Table – (Bloomberg) Gold edged up $1.30 or 0.07% in New York yesterday and closed at $1,748.40. Silver traded off and recovered climbing to a high of $34.16 and finished with a gain of 0.12%. Gold moved slightly upward today after Greece’s creditors reached a new bailout deal, which will help fund emergency aid for Athens. The 34.4 billion euro in aid plus reducing interest rates on the bailout loans expect to cut Greek debt to 124% of GDP. &...
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