Gold price rose modestly Friday but surging increases on Wednesday and Thursday assured a weekly increase of $68.20, or 4.1%. Gold prices received a boost this week after the Fed’s FOMC said it expected to keep interest rates near zero until late 2014. The news was taken as inflationary and pressured the U.S. dollar which [...]
U.S. gold prices advanced nearly $10 Friday to account for almost one-third of the weekly gain. Prices were higher on the day over speculation that a Greek debt deal was soon to be made.
Gold prices declined for a second straight Friday but still posted a weekly increase for a second straight week — last week at +3.2% and this week at +0.9%. On Friday, February gold prices lost $16.9, or 1%, to $1,630.80 an ounce on the Comex division of the New York Mercantile Exchange.
Despite falling Friday after having climbed previously for four straight days, gold put forth a weekly increase of 3.2% to kick-off 2012. On Friday, February gold prices lost $3.30, or 0.2%, to $1,616.80 an ounce on the Comex division of the New York Mercantile Exchange. Gold traded from a low of $1,609 an ounce to [...]
Bullion prices were a mixed bag in 2011, flirting with highs and just as quick falling from them. Gold turned out to be the precious metal of the year, rising 10.2% for its 11th straight annual increase. Silver, surprisingly, was the most disappointing with its fall of 9.8%. Little surprise can be shown for annual [...]
All but gold rose Friday and all but silver advanced this week (-2%). Palladium was the biggest weekly winner, rallying 6.5%. Platinum came in second at 0.9% and gold followed with an increase of 0.5%.
Although rising Friday, gold prices fell during the previous four days which cemented the metal’s worst weekly loss in nearly three months. The huge drop, say analysts, was a contributor to gold’s slight rebound in closing out the week. Free-falling for a weekly loss of $118.90, or 6.9%, gold prices settled Friday at $1,597.90 an [...]
Leading precious metals Friday and this week was not gold, silver or platinum. Yes, palladium prices continued their rally. While faltering Thursday, the metal rebounded Friday and has gained in nine of ten sessions. March palladium prices added $21.40, or 1.4%, to close the week at $1,515.80 an ounce. That brought palladium’s weekly increase up [...]
U.S. gold prices rose Friday and for the week, breaking a streak of two consecutive weekly losses. On Friday, March gold added $11.50, or 0.7%, to $1,751.30 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices traded between $1,741.70 an ounce and $1,767.10 an ounce.
U.S. gold fell for a second straight session Friday, which contributed to its second consecutive weekly decline. December gold futures lost $10.20, or 0.6%, to $1,685.70 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices traded between an intraday low of $1,672.60 an ounce and a high of $1,702.70 an ounce.