April 2010

Gold Retreats from 2010 Highs, Silver Prices Rally – April 29

by Bullion Prices Staff on April 29, 2010

U.S. gold futures fell modestly Thursday and pulled back from their 2010 highs as less safe-haven buying emerged and some profits were being taken. While gold had been climbing the last several days despite dollar strength, silver, platinum and palladium have been falling. On Thursday, the metals switched rolls. Silver was the biggest gainer in […]

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Gold Prices Mark 2010 High, Silver Bullion Falls – April 28

by Bullion Prices Staff on April 28, 2010

U.S. gold prices on Wednesday advanced to their highest level since early December after Standard & Poor’s downgraded Spain’s debt rating, which boosted the yellow metal’s safe-haven appeal. On Tuesday, Standard & Poor’s cut Greece’s and Portugal’s debt rating, which also ignited buying. "Reports hit the news wires Wednesday that Standard & Poors downgraded Spain’s […]

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Gold Gains, Silver and Other Metals Fall – April 27

by Bullion Prices Staff on April 27, 2010

U.S. gold prices hit a multi-week high on Tuesday — in spite of a stronger dollar and falling oil prices — as safe-haven buying emerged after concerns over Greece’s and Portugal’s debt increased when Standard & Poor’s cut their credit ranking. Other metals fell, registering losses between 1.2% and 3.1%. "Comex gold futures closed higher, […]

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Bullion Prices Rally, Marking Weekly Gains in New York

by Bullion Prices Staff on April 24, 2010

Precious metals recovered from last week’s losses, with gold futures rallying in the U.S. as the dollar fell against the euro for the first time in seven days. Gold usually moves opposite to the greenback. Other metals followed the yellow metal, with the exception of platinum and palladium. While retreating Friday, the two registered weekly […]

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Gold Falls, Weekly Bullion Prices Mixed

by Bullion Prices Staff on April 17, 2010

Precious metals, oil and stocks plunged on Friday as Goldman Sachs Group Inc., a major commodities player, was charged by the SEC with fraud. Further eroding gold’s appeal was early profit-taking Friday and a stronger U.S. dollar, which attracted even more investment attention after the Goldman news broke. Gold typical moves opposite of the greenback […]

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Gold and Silver Inch Higher – April 15, 2010

by Bullion Prices Staff on April 15, 2010

U.S. precious metals were mixed on Thursday, with a stronger dollar pressuring commodities lower. Despite that, gold climbed modestly as did silver, each rising 0.1%. Platinum and palladium, however, fell with respective losses of 0.5% and 0.4%. "Comex gold futures closed slightly higher and near the session high Thursday, after prices were under profit-taking selling […]

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Precious Metals Rise, Palladium Jumps 5% – April 14, 2010

by Bullion Prices Staff on April 14, 2010

U.S. bullion prices rallied on Wednesday as gold was lifted by a weaker dollar, higher crude prices and an increasing volume of investment demand — that, despite a government report showing tamed U.S. inflation in March, which would normally be a bearish sign for the metal. Commodities were also spurred by greater economic confidence, with […]

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Precious Metals Prices Rally for Second Straight Week

by Bullion Prices Staff on April 10, 2010

Bullion prices surged for a second straight week. In U.S. futures, palladium was the biggest weekly gainer at 4.5%. Gold came in second at 3.2% and registered a high of $1165.80 an ounce — a price not seen since Dec. 8. It found strength with spurts of physical demand and at times overcame a firmer […]

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U.S. gold fell slightly on Thursday, unable to bypass a stronger dollar as it did during the prior two days. By day’s end, the yellow metal lost a dime. Silver and platinum dropped a bit more, each registering declines of 0.4%. In New York precious metal prices,

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Gold Hits 2010 High, Silver Rebounds Above $18 – April 7, 2010

by Bullion Prices Staff on April 7, 2010

U.S. gold on Wednesday pushed above $1150 an ounce to register a 2010 high. The yellow metal made its move higher in the face of a stronger greenback — again, and despite tumbling oil prices. Gold usually moves opposite to the dollar and along with the direction of crude. Its failure to do so was […]

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