U.S. bullion prices mostly whimpered lower Tuesday. Gold was the exception, rising slightly on the final day of January. All precious metals surged for the month, however. February gold futures prices added $6, or 0.3%, to $1,740.40 an ounce on the Comex division of the New York Mercantile Exchange, trading between $1,727 an ounce and [...]
Gold price rose modestly Friday but surging increases on Wednesday and Thursday assured a weekly increase of $68.20, or 4.1%. Gold prices received a boost this week after the Fed’s FOMC said it expected to keep interest rates near zero until late 2014. The news was taken as inflationary and pressured the U.S. dollar which [...]
U.S. silver and gold prices rose sharply Wednesday while PGM metals enjoyed their own, albeit a bit smaller rally. The gains came after the Federal Reserve’s FOMC released its monthly monetary policy statement which indicated interest rates would not be raised to any significant degree "at least through late 2014."
Gold prices declined Tuesday for the first time in three sessions. A rallying U.S. dollar as a result of the falling euro was credited for pressuring gold and other precious metals prices. February gold prices declined $13.80, or 0.8%, to $1,664.50 an ounce on the Comex division of the New York Mercantile Exchange, trading between [...]
U.S. gold prices advanced nearly $10 Friday to account for almost one-third of the weekly gain. Prices were higher on the day over speculation that a Greek debt deal was soon to be made.
With the exception of palladium, precious metals modestly declined Thursday. February gold prices lost $5.40, or 0.3%, to $1,654.50 an ounce on the Comex division of the New York Mercantile Exchange. The loss was gold’s first in three sessions. Gold prices traded from a low of $1,649.20 an ounce to a high of $1,670.60 an [...]
U.S. gold prices rose for a second consecutive session Wednesday and settled to the highest point since December 13. February gold futures closed higher by $4.30, or 0.3%, to $1,659.90 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices traded from a low of $1,642.10 an ounce to a high [...]
Gold prices jumped 1.5% Tuesday after falling 1% on Friday. The U.S. dollar has been a driving force for prices lately, with the greenback higher Friday but lower Tuesday. February gold prices added $24.80 to $1,655.60 an ounce on the Comex division of the New York Mercantile Exchange. Gold traded from an intraday low of [...]
Gold prices declined for a second straight Friday but still posted a weekly increase for a second straight week — last week at +3.2% and this week at +0.9%. On Friday, February gold prices lost $16.9, or 1%, to $1,630.80 an ounce on the Comex division of the New York Mercantile Exchange.
U.S. gold advanced Thursday, marking a third straight day of gains. February gold prices picked up $8.10, or 0.5%, to $1,647.70 an ounce on the Comex division of the New York Mercantile Exchange. The precious metal traded from $1,640.90 an ounce to $1,662.90 an ounce. Gold was supported by weaker greenback, according to analysts.