• Gold: 1,493.99 1.84
  • Silver: 17.75 0.04
  • Euro: 1.103 -0.000
  • USDX: 98.593 0.332
  • Oil: 58.16 -0.47

Gold, Silver Slide As Key Support Levels Loom; Time To Dollar Cost Average?

Thursday, December 15th

Positive economic data out of Europe and a successful bond auction in Spain helped to lift precious metals in pre-markets. But the SPDR Gold ETF (GLD) is struggling early Thursday to hold onto its gains. Most recently, it was up by some 0.3%. Futures had already moved lower, however: February gold on the Comex was sliding by $6.60 to $1,580.30 an ounce.

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