February 2010

Gold Advances Above $1,090/oz – Feb 11, 2010

by Bullion Prices Staff on February 11, 2010

US gold jumped 1.7% higher on Thursday following a 0.1% decline on Wednesday, and marked the best daily gain in more than a week. The yellow metal rose following reports that the European Union would help Greece in its debt crisis. Other metals climbed as well, with silver gaining 1.9% and platinum rising 0.4%. New […]

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Gold and Silver Fall as Dollar Gains, Platinum Rises – Feb 10, 2010

by Bullion Prices Staff on February 10, 2010

New York gold declined 90 cents on Wednesday after rising during the previous two days. The yellow metal was pressured by a stronger US dollar, which dipped after the Fed said it may increase interest rates. A delay in European support for Greece debt was also cited in weakening the euro and benefiting the greenback. […]

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Commodities rose across-the-board on Tuesday as the euro was lifted on talks that Greece may be rescued by European countries. The US dollar retreated with the euro’s rise, and US gold, silver and platinum prices climbed. Gold often moves in the opposite direction of the dollar. A rising greenback makes dollar-denominated commodities, like bullion, more […]

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Gold Rises 1.3%, Most in Week; Silver Prices Advance – Feb 8, 2010

by Bullion Prices Staff on February 8, 2010

US gold returned to positive area on Monday as the dollar gave way to pressure and fell against other world currencies. Gold gained the most in a week, rising 1.3% in New York. Other metals climbed as well, with silver up 1.7% and platinum improving 0.4%. New York daily bullion prices follow: Gold for April […]

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Bullion Prices Weekly Report – February 6, 2010

by Bullion Prices Staff on February 6, 2010

Bullion prices retreated for yet another week as the U.S. dollar was driven higher to mark an eighth-month high against the euro. Most of the buzz over the latter part of the week attributed the euro daily losses to concerns over debt in European countries. Until Wednesday, silver, gold and platinum had moved higher after […]

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Gold Continues to Retreat as US Dollar Rises – 2/5/2010

by Bullion Prices Staff on February 5, 2010

New York gold futures finished lower for yet another day on Friday, primed by a US dollar that surged to an eighth-month high against the euro. Debt in European countries — Greece, Spain and Portugal, again weighed heavily on the currency. New York daily bullion prices follow: Gold for April delivery fell $10.20, or 1.0%, […]

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Gold Tumbles 4.4% as Dollar Rallies – 2/4/2010

by Bullion Prices Staff on February 4, 2010

New York precious metals plunged on Thursday after worries resurfaced over debt, US unemployment and other economic news propped up the greenback. Commodities and stocks were pulverized. New York daily bullion figures follow: Gold for April delivery plunged $49.00, or 4.4 percent, to $1,063.00 an ounce. The yellow metal ranged from $1,060.40 to $1,112.00. Silver […]

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Bullion Prices Fall as US Dollar Rallies – 2/3/2010

by Bullion Prices Staff on February 3, 2010

US bullion prices retreated on Wednesday, pulling away from two-day gains. Gold was driven lower as the US dollar rallied against other world currencies, and marked a two-week high against the yen. Helping the greenback, according to reports, was improved confidence that Friday’s jobs report will show growth. Silver and platinum followed the yellow metal. […]

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Precious Metals Prices Rise for Second Day – 2/2/2010

by Bullion Prices Staff on February 2, 2010

US precious metals shined for a second straight day as prices rallied with a falling dollar. Gold climbed 1.2% on Tuesday after surging 2.0% on Monday, marking its best two-day rally since early November. Gold retreated 1.1 percent in January. New York precious metal figures follow: Gold for April delivery ended up $13.00 to $1,118.00 […]

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Gold Jumps 2%, Silver Surges 2.9% – 2/1/2010

by Bullion Prices Staff on February 1, 2010

New York gold futures jumped on Monday as the US dollar fell after reports were released showing better than expected manufacturing data and a rise in consumer spending for December. New York precious metal prices follow: Gold for April delivery surged $21.20, or 2.0%, to end at $1,105.00 an ounce. It ranged from $1,077.20 to […]

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