Gold Spot Price Open: $1,730
Gold Spot Price Close: $1,730
Change in Gold Spot Price: None
Silver Spot Price Open: $33.33
Silver Spot Price Close: $33.35
Change in Silver Spot Price:+$0.02
As US markets were closed due to Thanksgiving today, there was very little change in both the price of gold and silver. Gold actually did not move even a dollar while silver picked up 2 pennies on the day.
Market news from the rest of the world proved to be fairly positive as fresh, improved economic data from China as well as rumors of a proposed Greece bailout deal circulated. While there has been no official word on Greece’s bailout deal, the positive rumors were enough to bring both European stocks as well as the euro out of their recent slumps.
Other than those two bits of information, the markets were fairly quiet on Thursday as the US was completely out of the picture. When things pick back up in the United States you can expect to hear more and more about the “fiscal cliff” as it seems we are inching closer and closer towards it every day.
