Copper $ 5.8025 / lb -0.45%
Brent Crude Oil $ 89.39 / bbl 5.36%
Palladium $ 1653.5 / ozt -2.99%
Crude Oil $ 86.41 / bbl 9.27%
Natural Gas $ 3.09 / Btu 2.25%
Silver Futures $ 82.685 / ozt 0.16%
Aluminum Futures $ 3280 / ton 1.57%
Micro Gold Futures $ 5098.4 / ozt 0.04%
Micro Silver Futures $ 82.73 / ozt -0.05%
Platinum $ 2129.1 / ozt -0.41%
Gold Futures $ 5099.3 / ozt -0.01%
Go to MDC Markets

Technical analysis suggests gold may have further to fall

Mineweb | January 6, 2011 | 1:17 am
Precious Metals • Gold
gold bars mining

Analyst for La Salle Futures Group in Chicago says recent decline in gold price could continue down to 200 day moving average in the $1260s Gold, which capped the biggest two- day drop in 11 months yesterday, may extend declines to the lowest price since

Comments

No comments found.

More News

{{ commodity.name }}

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now