December 2011

Bullion Prices Mixed in 2011, Gold Marks 11th Annual Gain

by Bullion Prices Staff on December 31, 2011

Bullion prices were a mixed bag in 2011, flirting with highs and just as quick falling from them. Gold turned out to be the precious metal of the year, rising 10.2% for its 11th straight annual increase. Silver, surprisingly, was the most disappointing with its fall of 9.8%. Little surprise can be shown for annual […]

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Marking a sixth consecutive day of losses, February gold prices declined $23.20, or 1.5%, to $1,540.90 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices traded from a low of $1,557.60 an ounce to a high of $1,595.00 an ounce. Losses incurred were described as the result of liquidation.

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Gold, Silver Prices Fall; 2012 Eagle Bullion Coins Available January 3

by Bullion Prices Staff on December 28, 2011

All precious metals declined Wednesday, although gold dropped the least in percentage. February gold prices declined $31.40, or 2.0%, to $1,564.10 an ounce on the Comex division of the New York Mercantile Exchange. Gold ranged between $1,557.60 an ounce and $1,595.00. an ounce. Losses on the day were attributed to a stronger U.S. dollar.

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All but gold rose Friday and all but silver advanced this week (-2%). Palladium was the biggest weekly winner, rallying 6.5%. Platinum came in second at 0.9% and gold followed with an increase of 0.5%.

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Palladium Prices Rally as Other Metals Fall, US Bullion Coins Gain

by Bullion Prices Staff on December 22, 2011

Palladium prices rallied Thursday, surging by more than $20 while other precious metals declined. Falling the least in percentage was gold. February gold prices declined $3, or 0.2%, to $1,610.60 an ounce on the Comex division of the New York Mercantile Exchange. Gold ranged between $1,599.10 an ounce and $1,618.60 an ounce.

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Gold Prices Fall Modestly, Silver Drops 1%, US Bullion Coins Unchanged

by Bullion Prices Staff on December 21, 2011

Gold prices declined slightly Wednesday as the greenback firmed. February gold prices fell $4, or 0.2%, to $1,613.60 an ounce on the Comex division of the New York Mercantile Exchange. The yellow metal traded from an intraday low of $1,607.70 an ounce to a high of $1,643.70 an ounce.

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Gold Prices Rise Back Above $1,600, Buffalo Bullion Coin Gains

by Bullion Prices Staff on December 20, 2011

Bullion prices rebounded Tuesday as the greenback showed some weakness and bargain buyers came to scoop up precious metals at cheaper prices. February gold prices added $20.90, or 1.3%, to $1,617.60 an ounce on the Comex division of the New York Mercantile Exchange. It was gold’s first settlement price above $1,600 an ounce since December 13. […]

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Although rising Friday, gold prices fell during the previous four days which cemented the metal’s worst weekly loss in nearly three months. The huge drop, say analysts, was a contributor to gold’s slight rebound in closing out the week. Free-falling for a weekly loss of $118.90, or 6.9%, gold prices settled Friday at $1,597.90 an […]

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Gold Prices Dip as Silver Adds 1.2%, Bullion Coins Higher

by Bullion Prices Staff on December 15, 2011

Gold prices fell for a fourth straight session Thursday, although their decline was modest compared to the previous session. For the day, February gold prices lost $9.70, or 1.2%, to $1,577.20 an ounce on the Comex division of the New York Mercantile Exchange. Prices traded between $1,562.50 an ounce and $1,596.50 an ounce. Losses on the day […]

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Gold prices were driven below $1,600 an ounce Wednesday as the euro tumbled to its lowest point since January and the greenback, as a result, grew and pressured major metals. February gold prices declined $76.20, or 4.6%, to $1,586.90 an ounce on the Comex division of the New York Mercantile Exchange. The mark was gold’s […]

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