Gold bounces after bogging on Iran deal

Precious Metals pricing for November 25th, 2013

Gold  –                $1244.71         UP                 $1.45
Silver –                $19.90             down             $0.11
Platinum –           $1390.00         down             $6.50
Palladium –          $719.00          UP                 $51.00

Jones Trading chief market strategist Mike O’Rourke said the way gold is moving so far this week shows that the market is questioning the Iran deal.

“Peace almost broke out in the Middle East, but Boone Pickens may have summed up the deal best by saying, ‘When you want to make a deal real bad, you will make a real bad deal,’” he said. “A deal that leaves Iran with any nuclear capability is

A day earlier, gold prices closed in the red as an historic agreement between Iran and six world powers to curb the Middle Eastern nation’s nuclear program dulled some of the metal’s appeal. Source: Marketwatch

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» Read our article: Why Silver is Going Up Today?

» Read our article: Why Gold is Going Up Today?

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