Gold is moving up again in U.S. dollars and is trading at USD 1,818.29, EUR 1,331.50, GBP 1,155.79, JPY 139,571.90, AUD 1,854.66 and CHF 1,603.73 per ounce.
Gold’s London AM fix this morning was USD 1,817, EUR 1,332.31, and GBP 1,155.56 per ounce.
Yesterday’s AM fix was USD 1,778, EUR 1,288.67, and GBP 1,126.24 per ounce.
Stocks down, Gold up, no consensus, no plan, the death of the euro by a thousand cuts continues. This morning the euro banks are getting pummelled as their exposure to a potential Greek default grows.