Bullion Prices

Bullion prices fell this week, dropping the most on Thursday after the Federal Reserve announced that it was cutting its monthly bond purchases by $10 billion to $75 billion. Prices rebounded Friday but only modestly in comparison to the prior day’s plunge.

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Gold, silver and platinum prices advanced this week while palladium prices fell, the exact opposite of their movements last week.

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Gold prices declined this week, as did other precious metals excluding palladium. On Friday, gold for December delivery dipped $2.90, or 0.2%, to finish at $1,229 an ounce on the Comex division of the New York Mercantile Exchange.

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Bullion prices tumbled in November. In futures, leading declines was silver by 8.4%. Gold and platinum each dropped 5.5% on the month while palladium fell 2.3%.

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Gold, silver, palladium and platinum declined sharply this week as bullion fell to the back of investors’ minds and soaring stocks to the front. Gold prices for December delivery on Friday rose for the first time in three days

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Gold prices ended 0.2% higher than a week ago, their first weekly advanced in three. Gold for December delivery added $1.10, or 0.1%, to settle at $1,287.40 an ounce on the Comex division of the New York Mercantile Exchange.

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Bullion futures in New York dropped Friday but one precious metal, palladium, still scored 2.7% higher during the first week in November. The others added to losses that accumulated on the week to 2.2% for gold, 2.4% for silver and 0.6% for platinum. Beginning with gold, the futures contract for December delivery sank $23.90, or […]

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Bullion futures in New York ended Thursday sharply lower and that yanked gold prices down 0.3% for October. Other precious metals were able to hold onto their monthly gains but with trimmed advances of 0.7% for silver, 1.3% for palladium and 2.6% for platinum.

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Bullion prices mixed it up on Friday but advanced across the precious metals spectrum for the week. In breakdowns, gold, silver and platinum futures scored a second week of gains while palladium extended its weekly winning streak to three.

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