Bullion Coins

U.S. bullion prices rose in unison Thursday, with gold rebounding to a fresh eight-week high and above $1,250 an ounce. A weaker dollar and safe-haven buying were noted catalysts. Investors are sitting on pins and needles waiting on Friday’s jobs report.

"The U.S. dollar index was trading lower Thursday, pressured in part by some better [...]

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U.S. gold prices pulled back from their eight-week highs and two straight days of gains Thursday, as a bigger-than-expected decline in U.S. jobless claims eased the appeal of safe-haven purchases — so opined analysts.

"Gold futures gave back a small portion of their recent gains Thursday as some traders exited to book profits after jobless [...]

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U.S. precious metals prices advanced for a second straight day, with gold nearing an eight-week high and silver soaring above $19 an ounce. Silver tracked gold which benefited over continuing concerns that the economic recovery was slowing.

"Comex gold futures closed higher and hit a fresh nearly two-month high Wednesday, on follow-through safe-haven buying interest and [...]

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U.S. gold climbed Tuesday, lifted by safe-haven buying driven by a report released earlier in the day showing that existing home sales in the U.S. plunged, and far further than expected.

"The gold market came roaring back from early profit-taking selling pressure Tuesday, to close higher and nearer the session high. Bargain-hunting traders bought the early [...]

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U.S. bullion prices kicked into high gear Thursday as safe-haven buying lifted gold to above $1,216 an ounce for a gain of $17.50. It was the largest daily pick up for the yellow metal in two months, and it happened despite a stronger greenback.

Gold "is drawing fresh safe-haven and speculative buying interest this week [...]

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