Shanghai was trading today just above 270 Yuan or in dollars, at today’s exchange rate, $1,226,15 having touched nearly 272 during the day. The dollar is only slightly weaker across the board, as well as against the Yuan. New York, Monday, closed in line with gold prices in Shanghai earlier in the day, before New York opened. This is a first, as New York climbed up to Shanghai’s levels despite an over 2 tonne sell-off from the SPDR gold ETF. …read more

Source of this post from Alexis Bush Blog http://silverandgoldcoinblog.com/2017/01/24/gold-and-silver-market-morning-jan-24-2017-gold-and-silver-consolidating/