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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




Gold Rallies Back Over $900

Doug Casey (March 12th, 2009) Writes:

Gold was dead flat from Hong Kong to mid-morning in New York on Tuesday, after which it staged a modest rally to finish at $907.90/oz., up $10.60. Overnight, gold is pushing higher.

Platinum traded very tightly, never straying much from the $1040-1050 range, and ending at $1051/oz., up $10. Overnight, platinum is little changed.

Silver mirrored gold for the second straight day, taking off higher from the same flat mid-morning point and pushing into positive territory to close at $12.77/oz., up 20 cents. Overnight, silver is trending higher. (Click here for charts)

The precious metals had been doing a good bit of backing the first two days of the week, and yesterday turned around to do some filling.

The usual suspects played little part in providing a sense of direction, with both the dollar and oil falling and equities rallying for a second day. But there is probably more than a

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