March 2012

U.S. gold prices plunged to an eight-week low and for a third straight day Wednesday as the aftermath of Tuesday’s FOMC statement was attributed to pressuring commodities. The statement was taken as burying any hopes of new monetary easing as investors were apparently expecting/wanting. By day’s end, gold prices for April delivery fell $51.30, or […]

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U.S. gold prices traded slightly lower Tuesday as the U.S. dollar gained strength following news provided from the Fed’s latest FOMC statement which was considered somewhat bearish — inflation subdued, no signs of another round of monetary easing, etc. Gold prices for April delivery dipped $5.60, or 0.3%, to $1,694.20 an ounce on the Comex […]

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Gold edged higher this week while silver, platinum and palladium prices edged lower. On the Comex division of the New York Mercantile Exchange, April gold futures prices added $12.80, or 0.8%, to $1,711.50 an ounce, notching a weekly gain of 0.1%. Gold prices could head higher next week, according to some market-watchers.

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Gold Prices and Gold Bullion Coins Up, Silver Coin Sales Flat

by Bullion Prices Staff on March 8, 2012

Gold prices rose for a second day Thursday — as did silver, platinum and palladium, for that matter. On the Comex division of the New York Mercantile Exchange, April gold prices added $14.80, or 0.9%, to $1,698.70 an ounce. The metal traded between $1,683.60 an ounce and $1,704.80 an ounce.

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Gold, Silver Prices Rise, US Gold Bullion Coin Sales Climb

by Bullion Prices Staff on March 7, 2012

Following a three-session losing streak and a six-week low, gold prices rose modestly Wednesday as weakness in the U.S. dollar and economic "optimism" was in favor. April gold prices added $11.80, or 0.7%, to $1,683.90 an ounce on the Comex division of the New York Mercantile Exchange.

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Gold prices were driven down to a six-week low Tuesday as investors shied away from commodities in general on a "risk-off" trading day. On the Comex division of the New York Mercantile Exchange, gold prices declined $31.80, or 1.9%, to $1,672.10 an ounce, the weakest closing price since Jan. 24.

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Gold prices declined Friday and on the week, as was the case for silver and other precious metals — except palladium which recorded a very modest weekly gain. Gold futures ended down Friday by $12.40, or 0.7%, to $1,709.80 an ounce on the Comex division of the New York Mercantile Exchange. Gold traded between $1,705.40 […]

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Gold and silver prices, along with palladium and platinum, rebounded Thursday to take back a portion of the deep losses precious metals suffered on the previous day.

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