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2015/03/09

Monday Afternoon Silver and Gold Wrap Up for 3/9/15

Good afternoon Andrew, 

Metals ended the trading day mixed with nominal change.....Silver ended with a loss of 2 cents to $15.84....Gold edged up by $3.00 to $1168.00 per ounce....Platinum is $825.00 up $5.00.....Platinum sits at $1151.00 off $9.00....

The Euro gave back a good portion of the day's gains giving metal traders an excuse to step to the sidelines....Remember the U.S. economic calendar was idle today, and the geo-political front was  quiet except for President Obama deciding to invoke sanctions against Oil rich Venezuela...That was met with a big yawn by metals, but got a bounce from Crude....

Crude Oil spurted by 54 cents per barrel on the news...Last trade $50.50 .....

On the stock front; The Dow is up 159 points on favorable news from General Motors and soon to be a Dow component Apple Computers ........That's it...Have a good afternoon..
Peter Rukrigl
SouthernTrust Services, Inc.
145 Almeria Avenue
Coral Gables, Florida 33134
Local 305-446-4800
Fax 305-446-4448
peter@southerntrustservices.com
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Southern Trust Services | 145 Almeria Avenue | Coral Gables | FL | 33134

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