shopper approved
    2912.8
    22.97
    32.62
    0.33
    1002.83
    13.75
    1021.34
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    JM Bullion Gold and Silver Market Update (10/29/12)

    Gold Spot Price Open: $1,712.40
    Gold Spot Price Close: $1,710.40

    Change in Gold Spot Price: -$2.00

    Silver Spot Price Open: $32.06
    Silver Spot Price Close: $31.79

    Change in Silver Spot Price: -$0.27

    With Hurricane Sandy bearing down on the Mid-Atlantic seaboard the New York Stock Exchange decided to remain closed Monday. Along with schools and other businesses Sandy has done a great job of slowing down the city that never sleeps and a majority of the United States’ Eastern coast. Both gold and silver were down today, gold losing roughly $2.00 and silver down about a quarter.

    Today we saw little movement in the prices of both gold and silver as today marks the beginning of a week where many people hope the price of gold rebounds after a not-so stellar performance in the third quarter. As the storm clears up and the market gets back to normal we will be able to gain a more accurate assessment of whether or not gold will be able to rebound this week.

    Disclaimer: All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.

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