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Bullion Weekly Prices

Gold prices moved lower Friday which added to the yellow metal’s weekly loss. Strength in the greenback was a main deterrent to gold and other precious metals this week, and is expected to control prices next week.

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All but palladium advanced Friday, yet it joined other precious metals with weekly losses. In fact, palladium fell the most this week at 4.3%. Silver prices were right behind at 3.1%, followed by platinum at 2.5% and gold at 1.2%.

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Bullion prices pulled ahead for a second straight day Friday but precious metals results were mixed overall this week as gold and palladium rose 1.3% and 0.7%, respectively, while silver and platinum fell 0.8% and 0.5%. In closing Friday, gold prices gained $4.30, or 0.3%, to $1,664.80 an ounce on the Comex division of the New [...]

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Bullion prices were mixed Friday and for the week. The only consistent movement was from palladium which surged ahead for both. In terms of increases across precious metals this week, palladium prices jumped 4.6% and silver added 0.8%. Losses included gold at 1% and platinum at 0.2%.

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Bullion prices tumbled Friday but two of four major precious metals still pulled out gains on the week — gold prices added 1.8% and palladium prices added 0.4%. Weekly losses were held to silver at 1.1% and platinum at 1.2%.

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U.S. gold prices and other precious metals, including silver, ended the holiday-shortened week higher on Thursday but each registered weekly losses. June gold prices added $16.00, or 1%, to $1,630.10 an ounce on the Comex division of the New York Mercantile Exchange, cutting the weekly loss down to $41.80, or 2.5%. Analyst are mixed on [...]

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Bullion Prices Mixed in First Quarter 2012

by Bullion Prices Staff on March 31, 2012

in Bullion Weekly Prices,Featured

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%.

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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.

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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.

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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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