Saturday, December 5, 2009

Weekly Bullion Prices Report – 12/5/2009

by Bullion Prices Staff on December 5, 2009

Precious metals retreated on Friday and lost some of their weekly luster after the US government reported that employers eliminated fewer jobs in November than had been expected. With that news and an unemployment rate called at 10% (down from 10.2%), the US dollar rallied to its biggest gain since 1999. While the jobs report […]

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Gold Plunges on Rebounding Dollar, Silver Tumbles – 12/04/2009

by Bullion Prices Staff on December 5, 2009

Precious metal prices sank Friday as the US dollar showed strength following a government report showing that US employers cut fewer jobs than expected last month, with the unemployment rate retreating to 10% from 10.2%. Gold declined the most in a year, plummeting 4%. Silver and platinum fell 3.2% and 2.9%, respectively. New York bullion […]

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