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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="krispy, post: 1076092, member: 19065"]You're not confused, you're just being overly technical and too literal. While all PMs, not just "gold" trade around the world, around the clock, from one market to the next, each respective market has its own hours of operation, annual holiday observances and weekend breaks. As such, when I posted earlier at 6:17 am, the US Comex was closed for another two hours (precisely it was closed for another 1 hour and 58 minutes at that time), but the markets were already open in the EU/UK markets, which themselves will be closing shortly. The point of stating these times is for context in terms of which market the prices are currently then active in as each market reacts to and has it's own dynamic flow of trading during business hours. If you follow a market before, during and after its hours of trading operation you will notice when and where volume tends to be increased, prices accelerated, taking breaks/level, etc.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1076092, member: 19065"]You're not confused, you're just being overly technical and too literal. While all PMs, not just "gold" trade around the world, around the clock, from one market to the next, each respective market has its own hours of operation, annual holiday observances and weekend breaks. As such, when I posted earlier at 6:17 am, the US Comex was closed for another two hours (precisely it was closed for another 1 hour and 58 minutes at that time), but the markets were already open in the EU/UK markets, which themselves will be closing shortly. The point of stating these times is for context in terms of which market the prices are currently then active in as each market reacts to and has it's own dynamic flow of trading during business hours. If you follow a market before, during and after its hours of trading operation you will notice when and where volume tends to be increased, prices accelerated, taking breaks/level, etc.[/QUOTE]
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