Metals were split in performance this second week of March after a strong showing during the first week where silver exploded 7% in London and platinum came in with a weekly increase of 2.9%. While other metals retreated, platinum remained strong thanks in part to reports of stronger auto sales — the precious metal is [...]
by Bullion Prices Staff on March 11, 2010
in Featured
New York gold futures advanced slightly on Thursday while silver and platinum enjoyed stronger gains. In New York precious metals prices, April gold climbed a dime to $1,108.20 an ounce. The yellow metal ranged from $1,111.70 to $1,100.50 — a two-week low. May silver rose 14.2 cents, or 0.8%, to $17.160 an ounce. April platinum [...]
by Bullion Prices Staff on March 10, 2010
in Featured
US gold on Wednesday gave back early gains, falling to near $1,100 an ounce as future liquidation and less risk appetite were the order of the day. Other metals followed with declines, with silver diving the most at 1.8%. In New York precious metals prices, April gold fell $14.20, or 1.3%, to $1,108.10 an ounce. [...]
by Bullion Prices Staff on March 9, 2010
in Featured
US gold finished lower Tuesday as the dollar gained on the euro and investors preferred investments that were less risky. Prices closed down 0.2%, marking a more than one week low. Platinum fell by the same percentage. Silver, however, registered a modest 0.4% gain. In New York precious metal prices, April gold lost $1.70 to [...]
Precious metals marked gains during much of the first week of March. Silver was the biggest winner, soaring 5.2% in New York and 7.0% in London. Greece debt issues were back on the burner again, yanking the euro and dollar around. The resulting currency movements proved to be beneficial to gold, as the yellow metal [...]
by Bullion Prices Staff on March 4, 2010
in Featured
US gold fell from a six-week high on Thursday as the dollar gained ground against other world currencies, and by as much as 1.1% against the euro. Gold generally losses its appeal with a rallying greenback. Precious metals were mixed on the day, however, with gold and silver both declining 0.9% while platinum eked out [...]
by Bullion Prices Staff on March 3, 2010
in Featured
US gold climbed to reach a high not seen since January 15. The metal benefited from a rising euro which pressured the dollar. When the greenback declines, gold typically rises as a result. News of Greece deficit cutting plans sparked the euro, according to reports. In New York precious metal prices, April gold advanced $5.90, [...]
by Bullion Prices Staff on March 2, 2010
in Featured
US gold, silver and platinum prices rose sharply in New York on Tuesday. Gold reached a high it had not seen since January 20. The dollar pared earlier gains as the euro strengthened, and that was cited as a major factor in gold’s climb. The yellow metal usually moves in the opposite direction of the [...]