September 2012

Gold Inches Up for Week, Silver Bullion Coins Shoot Higher

by Bullion Prices Staff on September 21, 2012

Gold rose modestly Friday, but enough to extend its weekly winning streak to five. Daily gains and losses since the Fed announced its latest QE plan last Thursday, September 13, have been muted.


Gold ended the second week of August at a seven-month high and stretched its streak of winning weeks to four. Bullion prices were boosted by the Fed’s new stimulus plan — announced Thursday — to buy $40 billion in mortgage-backed securities each month until U.S. employment improves.


Gold Prices, Silver Values Soar on Week as Bullion Coins Slow Slightly

by Bullion Prices Staff on September 8, 2012

Bullion prices soared Friday and for the week, helped by a worse-than-expected U.S. employment report that raised expectations that the Federal Reserve will offer another round of stimulus.