Market Report: Consolidation at round numbers

by Alasdair Macleod, GoldMoney: In very quiet trading, gold and silver continued to consolidate at the $1800 and $24 levels respectively. On two days this week, Comex gold volumes dropped to below 130,000 contracts, against an average of over 250,000 contracts in normal trading conditions. And turnover in the silver contract fell to under 40,000 […]