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The yellow metal continued its buoyant tone....>

GOLD
GOLD: The yellow metal continued its buoyant tone through the European morning
staying in a relatively tight range of $1267.21 -1269.32. A minor pullback in
the price in early NY, as the dollar received a modest lift, the precious metal
drifted back towards $1267.50.
- The precious metal continues to grind higher, in very thin markets, in what
traders are describing as an order driven move the price has printed fresh
session highs of $1272.19 before fading back towards $1270.50.
- The precious metal receives a further boost as ZAR continues move higher, up
1.4% on the day. The precious metal has grinded to fresh session highs of
$1274.89.
-Another late rally in the precious metal as the dollar lost ground, the price
went onto print a fresh intra-day high of $1276.10. 

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