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Published:November 10th, 2007 05:32 EST
In the precious metals markets this week

In the precious metals markets this week

By SOP newswire

GOLD:


Monex spot gold prices opened the week at $808 . . traded as high as $840 on Wednesday and as low as $803 on Monday . . . and the Monex AM settlement price on Friday was $832, up $24 for the week, and another all-time weekly closing high (for the fourth week in a row).  Gold support is now anticipated at $828, then $815, and then $797 . . . with resistance anticipated at $840, then $863, and then $880.

SILVER:


Monex spot silver prices opened the week at $14.55. . . traded as high as $15.77 on Wednesday and as low as $14.53 on Monday . . . and the Monex AM settlement price on Friday was $15.49, up $1.04 for the week.  Silver support is now anticipated at $15.19, then $15.09, and then $14.97 . . . and resistance anticipated at $15.58, then $15.97, and then $16.27.

PLATINUM:


Monex spot platinum prices opened the week at $1,462 . . . traded as high as $1,479 on Wednesday and as low as $1,429 on Friday . . . and the Monex AM settlement price on Friday was $1,432, down $30 for the week.  Platinum support is now anticipated at $1,422, then $1,390, and then $1,355 . . . with resistance anticipated at $1,479.

PALLADIUM:


Monex spot palladium prices opened the week at $375 . . . traded as high as $381 on Wednesday and as low as $369 on Friday . . . and the Monex AM settlement price on Friday was $374, down $1 for the week.  Palladium support is now anticipated at $367, then $355, and then $338 . . . and resistance anticipated at $376, then $381, and then $387.

Monex Deposit Company
4910 Birch Street
Newport Beach, CA 92660

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