Bullion prices rallied on the final day in November 2010, capping a string of four straight monthly gains for gold and silver and a fifth for palladium. In November, gold rose 2.1%, silver surged 14.9% and palladium advanced 9%. Of the precious metals, only platinum declined during the month, falling 2.4%.
Gold prices increased on Tuesday, supported by continuing concerns over European-nation debt issues and safe-have demand following North Korea’s attach on South Korea. In New York futures prices, December gold added $19.80, or 1.5%, to $1,377.60 an ounce. Its lowest intraday price was $1,355.60 while it reached a high of $1,382.90. Gold prices are 26% higher [...]
Bullion prices closed mixed on Friday, leaving weekly gains the same way. Gold fell more than other precious metals this week, dripping 1%. Silver performed the best, rising 4.8%. Both gold and silver U.S. Mint American Eagle Bullion coins found more buyers than last week. In New York bullion futures, gold prices for December delivery fell [...]
U.S. precious metals futures prices rallied Thursday, with gold and platinum each rising more than 1% and silver and palladium surging between 5% and just over 6%. Weakness in the U.S. dollar and a stronger euro helped lift metals and other commodities. Dip buying also contributed. In New York futures prices, December gold rose $16.10, or [...]
It was a mixed day in bullion prices on Wednesday. Gold and platinum prices edged lower during a more relaxed day of trading, but silver and palladium prices cruised higher with respective gains of 1.1% and 1.4%. In New York futures prices, December gold closed to $1,336.90 an ounce, dipping $1.50 or 0.1%. The yellow metal [...]
Bullion prices plunged Tuesday while bullion American Eagle coins continued to rise. Gold fell to its lowest level in nearly two weeks. A variety of factors were cited for the decline, among them included: a rebounding U.S. dollar, higher margin requirements by Chicago Mercantile Exchange (CME), and fear that China will raise rates which could [...]
After a strong start to the week, U.S. precious metals plunged on Wednesday and Friday, pulling prices down for weekly losses. Gold futures prices were hit on Friday for their biggest one-day loss since July 1, 2010.
U.S. precious metals prices rebounded Thursday, one day after gold declined modestly while silver, platinum and palladium plummeted. Gold recaptured $1,400 an ounce with a 0.3% increase. Silver prices handily returned to above $27 an ounce with their 2% increase. Platinum and palladium rose as well, posting respective gains of 0.5% and 1.1%.
U.S. bullion prices fell Wednesday. Gold declined the most in a week, snapping a string of four straight record highs. Silver tumbled the most since 2008, and fell from a 30-year high. Platinum and palladium declined as well. In New York futures prices, December gold retreated $10.80, or 0.8%, to $1,399.30 an ounce. Its lowest intraday [...]
Gold and silver weekly prices soared this week, with the yellow metal rallying 3% and the white metal surging 8.9%. Bullion prices did register two "down days" this week — modest retreats on Monday and a large drops on Wednesday. However, the declines paled to the enormous precious metals price gains registered after the Federal [...]