Gold traded at about unchanged in Asia and London except for a brief spike up to $956.55 around 5AM EST before it briefly dropped as much as $5 to $948.30 a little after 9AM EST in New York, but it then rallied back higher for most of the rest of trade and ended near its high of $957.30 with a gain of 0.12%. Silver traded modestly higher in Asia and rose to see an over 1% gain in London before it dropped to see a 9 cent loss at $13.62 a little after 9AM EST in New York, but it also rallied back higher for most of the rest of trade and ended near its new session high of $13.863 with a gain of 0.51%. Euro gold rose to about €671, platinum gained $9 to $1178, and copper remained at about $2.52. Gold and silver equities rose about 2.5% midday before they fell back off into the close, but they still ended with almost 1% gains. Oil rose on renewed hopes for increasing demand and worries over gasoline supplies after some evidence of slowing refining activity. The U.S. index found slight gains as traders sold the yen and treasuries in order to put some capital to work in the Dow, Nasdaq, and S&P which rose throughout most of trade and ended with over 2% gains on better than expected earnings and economic data. Among the big names making news in the market today were Ford, UPS, New York Times, Bristol-Myers and Medarex, Amazon.com and Zappos, AT&T, McDonald’s, Wyeth, CIT, and Union Pacific.

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