| Gold prices rose near 3-month highs in London trade Monday morning, briefly touching August's high at $1169 per ounce as the US Dollar fell on the FX market and a strong rise in Asian stock markets failed to buoy European shares.
Silver meantime failed to break back above $16 per ounce however, and gold then retreated 0.5% after this morning's auction to find its market-wide clearing price on behalf of members of the London Bullion Market Association came in at $1164.20 per ounce, the highest benchmark gold price since 24 August, and on similarly low trading volumes...............................................Full Article: Source
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