November 2010

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 [...]

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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 [...]

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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 [...]

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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 [...]

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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 [...]

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