| Gold Prices held steady against the US Dollar on Monday morning in London, as China's stock market reversed earlier losses but Eurozone equities erased opening gains. Gold priced in the Euro edged 0.5% higher as the single currency ticked lower on the FX market, but continued to hold stronger against the Yuan from last week's 'devaluation' by Beijing.
After the LBMA Gold Price – the world's benchmark daily price – saw heavy volume set the highest weekly finish since mid-July on Friday at $1118.25 per ounce, interest eased Monday morning with the AM auction 'fixing' one Dollar lower in London. Silver prices held firm above last week's finish, but traded 2% below Friday's spike to 1-month highs at $15.62 per ounce...............................................Full Article: Source
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