December 2009

Gold Marks Ninth Annual Gain, Metals Rise – 12/31/2009

by Bullion Prices Staff on December 31, 2009

US gold futures rose 0.3% on Thursday, registering a ninth straight yearly gain. The yellow metal finished up 24 percent in 2009. In a striking contrast, gold has more than tripped in this decade. Other metals also advanced on the day, with silver rising 0.3%, and platinum climbing 0.5%. New York precious metal figures follow: […]

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Bullion Prices Fall, with Silver Dropping Below $17 – 12/30/2009

by Bullion Prices Staff on December 30, 2009

US bullion prices fell on Wednesday as a stronger dollar lessened investors’ attraction toward gold, and the other metals followed. By close, gold lost 0.5%, silver shrunk 1.8% and platinum declined 1.0%. New York precious metal prices follow: Gold for February delivery declined $5.60 to $1,092.50 an ounce. It ranged from $1,098.70 to $1,086.60. Silver […]

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Precious Metals Decline as Dollar Gains Strength – 12/29/2009

by Bullion Prices Staff on December 29, 2009

US gold futures retreated 0.9% on Tuesday and for the first time in four days as the greenback gained against other world currencies. The yellow metal typical moves opposite of the dollar. Silver and platinum fell as well, with respective 2.6% and 0.9% losses. New York precious metal figures follow: Gold for February delivery declined […]

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New York bullion prices rose slightly in thin Monday trading. London, Canada and Australia markets were closed for the observed Boxing Day holiday. A weaker US dollar was again cited as a precipitating factor in sparking gold’s 0.3% gain. The yellow metal has closed higher for three consecutive sessions. Silver and platinum climbed as well, […]

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Weekly Bullion Prices Report – 12/26/2009

by Bullion Prices Staff on December 26, 2009

Little movement was seen in weekly gold and silver prices, but platinum took off after the SEC approved a proposed rule change to list and trade ETF Securities Platinum and Palladium Trusts. Gold was less than exiting during much of the holiday-shortened week until Thursday. The US dollar showed weakness and the yellow metal quickly […]

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Gold Rises from Seven-Week Low as Dollar Retreats – 12/23/2009

by Bullion Prices Staff on December 23, 2009

New York gold futures climbed 0.7% on Wednesday as the US dollar stumbled following a report of lower than expected new home sales — down 11.3% in November, according to the Commerce Department. Crude oil surged to above $76 a barrel, which was also supported gold’s rise. The yellow metal tends to follow oil and […]

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Gold Declines to Seven-Week Low – 12/22/2009

by Bullion Prices Staff on December 22, 2009

US gold futures retreated on Tuesday, pulled down by a strengthened dollar that benefited from positive economic news. The National Association of Realtors said sales of existing homes rose 7.4 percent in November. Additionally, the government reported that the gross domestic product (GDP) rose 2.2% from July through to September. Gold ended down 0.8%. Other […]

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Gold Prices Falls Below $1,100/oz – 12/21/2009

by Bullion Prices Staff on December 21, 2009

US gold futures declined on Monday and notably retreated below $1,100 an ounce for the first time in more than six weeks. Pressuring prices lower was a rising US dollar. Bullion tends to move in the opposite direction of the greenback. Gold fell 1.4%, silver lost 1.6% and platinum declined 0.4%. More New York precious […]

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Bullion Weekly Prices Report – 12/19/2009

by Bullion Prices Staff on December 19, 2009

Weekly precious metal prices were mixed in New York with gold falling while silver and platinum registered modest gains. London metals were down across the board. The US dollar hit a three-month high on Thursday, and was cited as the main reason for pulling down gold. Bullion generally moves opposite of the greenback. In New […]

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US Gold, Metal Future Prices Climb Slightly – 12/18/2009

by Bullion Prices Staff on December 18, 2009

New York gold futures marked a slight gain on Friday as the US dollar’s rally from the prior day faulted, although strength in the greenback began to return and limited the yellow metal’s rise. By day’s end, gold gained 0.4%, silver added 0.7% and platinum advanced 0.2%. New York precious metal figures follow: Gold for […]

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