Gold moved $10 higher ahead of the ECB rate announcement and it once again neared the Monday high. Silver added $30 cents and traded just above the $35 level. Market participants continue to target the $1,800 and $35.50 closing levels in the gold/silver duo.
Gold trading opened with a small $1.50 loss on this, the last trading day of the week. Spot prices started off the session at the $1,230.90 level, following an overnight dip to near $1,227.00 the ounce.