U.S. bullion prices marked solid gains on the final day of the first quarter 2012, but quarterly levels were mixed due to a modest loss of 0.3% for palladium. Precious metals futures to rise for the quarter included gold at 6.7%, silver at 16.4% and platinum at 17%.
U.S. gold prices settled slightly lower Thursday, marking a third straight session loss. June gold, the current most active futures contract, declined $5.60, or 0.3%, to $1,654.90 an ounce on the Comex division of the New York Mercantile Exchange. Gold lost its appeal Thursday to risk-averse investors who preferred the U.S. dollar. "We have suspected [...]
U.S. gold prices fell slightly Tuesday but dropped hard Wednesday. April gold futures declined $27, or 1.6%, to $1,657.90 an ounce on the Comex division of the New York Mercantile Exchange. The metal traded between an intraday low of $1,654 an ounce and a high of $1,684.50 an ounce.
U.S. gold prices were nearly unchanged Tuesday, dipping less than 0.1% after two consecutive days of gains. A stronger U.S. dollar and profit taking were among factors analysts provided for the loss. April gold prices declined 70 cents to settle at $1,684.90 an ounce on the Comex division of the New York Mercantile Exchange. Gold [...]
U.S. gold prices advanced 0.4% this week as investors turned to the yellow metal on Friday and pulled it up following weakness in the U.S. dollar. On the Comex division of the New York Mercantile Exchange, April gold futures prices gained $19.90, or 1.2%, to settle at $1,662.40 an ounce.
Precious metals declined as a group Thursday, but palladium prices plunged the most at 5.5%. Silver followed with a loss of 2.7%, then platinum at 1.7% and, finally, gold which dipped at a relatively modest 0.5%. Losses were driven by weaker-than-expected manufacturing data from China and Germany which created a "risk off" mentality and refreshed [...]
U.S. gold prices on Wednesday rebounded slightly from Tuesday’s $20.30 loss. April gold futures climbed $3.30, or 0.2%, to settle at $1,650.30 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices traded from an intraday low of $1,646.30 an ounce to a high of $1,661.90 an ounce.
U.S. gold prices lost 1.2% Tuesday after a modest 0.7% increase on the previous day. Gold prices were pressured by a stronger U.S. dollar as concerns over global growth drove investors to the greenback and away from stocks and commodities.
U.S. gold prices fell modestly Friday, adding to a weekly loss which totaled 3.3%. Gold and other precious metals suffered blows this week as another round of quantitative easing by the Fed was seen as unlikely, at least near term. That, based on the monthly FOMC monetary statement released Tuesday.
U.S. gold prices rebounded Thursday after three-straight session losses which totaled nearly $70. The deep losses were a reason attributed to gains Thursday as investors were able to buy at "bargain" prices. Gold prices for April delivery rose $16.60, or 1%, to $1,659.50 an ounce on the Comex division of the New York Mercantile Exchange.