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  • MKS Gold&Silver, Daily Report

    MKS Finance SA - Geneva Monday, 6-August-2007 Due to a sharp fall in USD/JPY overnight, Tokyo market opened with goodselling interest. However gold managed to hold above $670 and closed thesession where it opened.

  • MKS Gold&Silver, Daily Report

    MKS Finance SA - Geneva Wednesday, 1-August-2007 Due to long liquidation gold lost $3 after the close of NY on Tuesday,opening in Asia on a weak note. Then the sharp drop in USD/JPY forcedprices down to the $660 support during the afternoon session and Tocomclosed on the lower side of the intraday range.

  • MKS Gold&Silver, Daily Report

    MKS Finance SA - Geneva Tuesday, 31-July-2007 Gold climbed $1.5 higher during the electronic trading last night,opening in the Far East at $666. But soon traders liquidated their longs,forcing prices down to $665.60 per ounce where Tocom closed.

  • MKS Gold&Silver, Daily Report

    MKS Finance SA - Geneva Thursday, 26-July-2007 There was no interest in the market overnight and prices hovered within adollar range during the entire session. In Europe the metal struggled tohold the $675 and selling interest forced the metal down to the $670support.

  • MKS Gold&Silver, Daily Report

    MKS Finance SA - Geneva Tuesday, 24-July-2007 Tocom trading session was dull with prices confined to a very narrowrange. Spot reached the high of the day before lunch time and thenretreated in the afternoon to close where it opened.

  • MKS Gold&Silver, Daily Report

    MKS Finance SA - Geneva Friday, 20-July-2007 Tocom liquidation took the metal slightly lower overnight, but largebid emerged in the afternoon and enabled the metal to close on a firmernote. In Europe prices remained stagnant for the entire morning session,which contrasted with the amazing afternoon session that we had.

  • MKS Gold&Silver, Daily Report

    MKS Finance SA - Geneva Thursday, 19-July-2007 Gold remained hovering around Wednesday’s closing levels of $672-$673.During our time zone the metal had no clear direction and failed to breachthe $674 level. Spot fixed at $673 an ounce on the first London fix, up$5.25 from the previous AM one.

  • MKS Gold&Silver, Daily Report

    MKS Finance SA - Geneva Wednesday, 18-July-2007Gold was bid throughout the Tocom session and ended the day 2 dollarshigher. The precious metal continued to climb during our time zone and hitthe high of $668.80 before easing to fix at 667.75 on the first London fix.

  • MKS Gold&Silver, Daily Report

    MKS Finance SA - Geneva Tuesday, 17-July-2007 Gold was little active overnight, trading in a narrow $1 range.The metal slipped slowly throughout the Asian session and closed on thelows. Selling persisted in Europe with dealer avoiding big moves ahead ofBernanke Testimony and inflation data. However the metal could count onBrent support as well as dollar weakness. Indeed, the dollar stayed nearrecord lows against the euro.

  • MKS Gold&Silver, Daily Report

    MKS Finance SA - Geneva Monday, 16-July-2007 Gold remained hovering around Friday’s closing levels of $666-$667,with Tocom being closed for holiday. As a result, the Asian market was veryquiet and small volume was traded. In Europe the very narrow range above$666 prevailed.