NEW YORK (TheStreet) —
The gold price got sold down five dollars or so in early Far East trading—and then traded flat from about 10:20 a.m. Hong Kong time until the 8 a.m. London open. Then the selling pressure began anew. The low tick came about 12:40 p.m. BST, which was 7:40 a.m. in New York. The price spent the rest of the day chopping quietly higher, gaining back about five bucks of its earlier loss.
The high and low ticks were recorded as $1,181.60 and $1,198.50 in the April contract.
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