March 2010

US gold prices advanced on the final day in March, capping the sixth straight quarterly gain. Increased physical demand, higher oil prices, and a weakened dollar were the most common catalysts cited for the yellow metal’s rise. Gold "prices closed nearer the session high and hit a fresh two-week high on the last trading day […]

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Gold, Silver and Platinum Fall – March 30, 2010

by Bullion Prices Staff on March 30, 2010

New York gold broke away from a 3-day winning streak, pressured by a stronger dollar. Gold typically moves opposite of the greenback. Other metals followed in losses, with silver and platinum both declining 0.3%. In New York precious metal prices, June gold fell $5.80, or 0.5%, to $1,105.70 an ounce. It ranged from $1,102.40 to […]

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Precious Metals Fall During Fourth Week of March

by Bullion Prices Staff on March 27, 2010

Weekly precious metals prices fell with silver and platinum declining the most. Gold rallied on Friday, paring weekly losses, as the greenback retreated when the euro rallied following news of a Greece rescue plan. In New York metals weekly prices, gold for April delivery lost $3.30, or 0.3%, to $1,104.30 an ounce. May silver ended […]

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Metals Advance as Dollar Weakens – March 25, 2010

by Bullion Prices Staff on March 25, 2010

US precious metals futures rose on Thursday as the dollar weakened, although it later rebounded to limit gains in gold. The yellow metal advanced 0.4% for the day while silver and platinum enjoyed respective increases of 0.6% and 1.2%. "Technically, April gold futures have seen some more near-term chart damage inflicted this week," wrote Jim […]

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US gold futures, as well as other metals, plunged Wednesday as the euro stumbled and the dollar soared after Fitch downgraded Portugal debt one notch. Renewed worries over debt issues in Greece were also in the limelight. "The Euro currency dropped Wednesday on continued uncertainty regarding a European Union financial rescue package for heavily indebted […]

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Gold Recaptures $1,100 / oz – March 23, 2010

by Bullion Prices Staff on March 23, 2010

US gold ended higher on Tuesday and recovered the $1,100 an ounce level after the euro moved up and the dollar pared gains. The yellow metal climbed 0.4% on the day. Silver and platinum followed with respective gains of 0.5% and 0.4%. In additional New York precious metal price details, April gold futures ended up […]

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Precious Metals Mixed, Again, During Third Week of March

by Bullion Prices Staff on March 20, 2010

Precious Metals were mixed for a second straight week, but they ended Friday very close to their starting week prices. Mid-week gains were given up with big losses on Friday, as the dollar rallied when Greek debt problems once again moved to the forefront. For New York metals weekly prices, gold for April delivery advanced […]

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Gold Gains for a Fourth Day Despite Dollar Rise – March 18, 2010

by Bullion Prices Staff on March 18, 2010

US gold rose on Thursday, marking a fourth straight day of gains despite a higher US dollar. The yellow metal edged up 0.3%. Silver and platinum broke ranks to register respective declines of 0.6% and 0.3%. In new New York precious metal prices, April gold climbed $3.30 to end at $1,127.50 an ounce. It ranged […]

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Gold Rises as Wholesale Inflation Falls – March 17, 2010

by Bullion Prices Staff on March 17, 2010

US gold edged higher Wednesday with no clear winner as to the main reason why, but instead several catalysts cited in swaying the yellow metal’s direction. Two such examples include the Fed’s announcement in the prior session to keep interest rates near zero and news from the Labor Department that wholesale inflation declined in February […]

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Gold, Metal Prices Rally as Dollar Weakens

by Bullion Prices Staff on March 16, 2010

US gold prices surged on Tuesday as the dollar weakened against other world currencies and oil prices advanced the most in four weeks. The yellow metal gained further following the Federal Reserve’s announcement to keep interest rates unchanged for an extended period of time. New York gold settled up 1.5%. Other metals climbed also, with […]

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