Comex Gold remain Strong

Comex gold and other precious metals remain stronger after extending overnight gains on the back of dollar weakness after a rise of just 0.2% in core U.S. CPI in July.

Comex Dec gold got as high as $642.50 and is now up $7.10 to $640. Silver has continued to build on strong dealer buying during the last 48 hours, they add. Sep silver is up 29.5 cents to $12.38 an ounce.

We did mention earlier in our chart presentation, on reaction of GOLD after CPI.

EUR/USD Position Closed with Profit
USD/JPY Position Closed with Slight Profit.

We shal Advice further.

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