| Gold futures prices turned higher and back above $1200 an ounce after falling below the psychological barrier early on Wednesday. U.S. gold for December delivery was up $9.20 to $1207.20 an ounce at 10:20 a.m. EDT. In other precious metals, silver for September delivery was at $18.125 an ounce for a loss of 3.3 cents, while October platinum was up $1.60 to $1,538.60 and palladium for September delivery rose $2.25 to $472.85 an ounce. Following immediately is the daily precious metals commentary, compliments of Jon Nadler, senior analyst at Kitco Metals, Inc.:... Read the rest of Gold, Silver, Metal Prices Commentary – August 11, 2010 (1,190 words) © 2010 CoinNews Media Group LLC  |
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