April 26/2014: Today in Gold and Silver
Silver got sold down about 20 cents starting around 9 a.m. Hong Kong time, but then began to rally around 11 a.m. in London---with the high tick of the day also coming at 10:30 a.m. EDT New York.
From there it got sold down about 15 cents, but recovered a bit of that during that last hour or so of electronic trading. The low and highs were recorded as $19.515 and $19.81 in the May contract.
Silver finished the Friday trading session at $19.725 spot, up 7.5 cents from Thursday's close. Gross volume was very heavy, with lots of roll-overs---and net volume was miniscule at only 17,000 contracts.
and The gold price closed in New York at $1,303.80 spot, up $9.90 from Thursday's close. Volume, net of April and May, was reasonably light at only 113,000 contracts.