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Gold Flat

nsdoijsfd Wrote: May 30, 2012 10:13 PM
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The trading was underwhelming on the first day after the long holiday weekend, with gold drifting slightly higher in opposition to a stronger dollar. 

Gold was up $0.08 this morning to $1,574.88 and silver was down $0.09 to $28.30, bringing the silver/gold ratio back up 55.6. 

Did someone forget to ring the opening bell this morning?  With the dollar moving higher one would have expected weakness in commodities, but the little trading going on yesterday early mainly to the upside with gold, crude oil, palladium and copper all higher.  Silver and platinum are slightly down, but the price movement is so thin the markets...