Monthly Archives: August 2012

20
Aug
2012

Silver, Wine, Art and Gold (SWAG) To Protect From Inflation

Today’s AM fix was USD 1,615.25, EUR 1,306.84, and GBP 1,028.04 per ounce.
Friday’s AM fix was USD 1,616.50, EUR 1,306.05 and GBP 1,028.57 per ounce.

Silver is trading at $28.13/oz, €22.96/oz and £18.00/oz. Platinum is trading at $1,476.75/oz, palladium at $599.20/oz and rhodium at $1,025/oz.

Gold edged up $1.90 or 0.12% in New York on Friday and closed at $1,615.90/oz. Silver surged to $28.34 in early trading then fell off and closed with a loss 0.43%.

For the week, gold was 0.3% lower and silver was 0.14% lower.

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17
Aug
2012

“Gold Ponzi Schemes” Revealed – Physical Gold Favored Over Derivatives

Today’s AM fix was USD 1,616.50, EUR 1,306.05, and GBP 1,028.57 per ounce.
Yesterday’s AM fix was USD 1,603.50, EUR 1,306.74 and GBP 1,021.34 per ounce.

Silver is trading at $28.19/oz, €22.94/oz and £18.03/oz. Platinum is trading at $1,460.50/oz, palladium at $587.30/oz and rhodium at $1,025/oz.

Gold rose $9.90 or 0.62% in New York yesterday and closed at $1,614.00/oz. Silver surged to a high of $28.275 and finished with a gain of 1.37%.

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16
Aug
2012

Gold Investment Demand and India, China Demand Down; Central Bank Demand Doubles

Today’s AM fix was USD 1,603.50, EUR 1,306.74, and GBP 1,021.34 per ounce.
Yesterday’s AM fix was USD 1,594.75, EUR 1,293.60 and GBP 1,016.74 per ounce.

Silver is trading at $27.91/oz, €22.81/oz and £17.85/oz. Platinum is trading at $1,401.00/oz, palladium at $574.40/oz and rhodium at $1,075/oz.

Gold rose $4.50 or 0.28% in New York yesterday and closed at $1,604.10/oz. Silver edged off and recovered to a high of $27.99 and finished with a gain of 0.07%.

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15
Aug
2012

Soros Gold Action Speaks Louder Than Trumpeted ‘Bubble’ Words

Today’s AM fix was USD 1,594.75, EUR 1,293.60, and GBP 1,016.74 per ounce.
Yesterday’s AM fix was USD 1,614.50, EUR 1,305.60 and GBP 1,028.34 per ounce.

Silver is trading at $27.70/oz, €22.65/oz and £17.74/oz. Platinum is trading at $1,401.25/oz, palladium at $571.75/oz and rhodium at $1,060/oz.

Gold dropped $8.70 or 0.54% in New York yesterday and closed at $1,599.60/oz. Silver climbed higher before retreating to $27.64, but it then rallied back higher to end with a gain of 0.14%.

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14
Aug
2012

Syrian Humanitarian Crisis – As Food, Fuel Prices Soar al-Assad Desperately Attempts To Get Gold

Today’s AM fix was USD 1,614.50, EUR 1,305.60, and GBP 1,028.34 per ounce.
Yesterday’s AM fix was USD 1,622.25, EUR 1,317.30 and GBP 1,035.33 per ounce.

Silver is trading at $27.91/oz, €22.70/oz and £17.86/oz. Platinum is trading at $1,408.75/oz, palladium at $575.60/oz and rhodium at $1,060/oz.

Gold fell $12.10 or 0.75% in yesterday in New York and closed at $1,608.30/oz. Silver fell to a low of $27.73 and finished with a loss of 1.28%.

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13
Aug
2012

Olympic Calm Before Coming Financial Storm

Today’s AM fix was USD 1,622.25, EUR 1,317.30, and GBP 1,035.33 per ounce.
Friday’s AM fix was USD 1,608.50, EUR 1,310.92 and GBP 1,030.69 per ounce.

Silver is trading at $28.04/oz, €22.81/oz and £17.94/oz. Platinum is trading at $1,405.30/oz, palladium at $580.10/oz and rhodium at $1,060/oz.

Gold rose $2.70 or 0.17% in New York on Friday and closed at $1,620.40/oz. Silver fell and then recovered to $28.32, but finished on Friday in New York with a loss of just 0.4%.  

For the week, gold rose 1.1% and silver rose 1.2%. 

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10
Aug
2012

Cash Out Of Gold And Send Kids To College?

Today’s AM fix was USD 1,608.50, EUR 1,310.92, and GBP 1,030.69 per ounce.
Yesterday’s AM fix was USD 1,612.75, EUR 1,307.46 and GBP 1,029.79 per ounce.

Silver is trading at $27.91/oz, €22.84/oz and £17.96/oz. Platinum is trading at $1,405.50/oz, palladium at $576.00/oz and rhodium at $1,060/oz.

Gold climbed $4.90 or 0.03% in New York yesterday and closed at $1,617.70/oz. Silver fell to $27.86 then rallied and finished with a gain of 0.39%.

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09
Aug
2012

Gold Production Down Another 4% In South Africa – Total Mineral Production Up 4.2%

Today’s AM fix was USD 1,612.75, EUR 1,307.46, and GBP 1,029.79 per ounce.
Yesterday’s AM fix was USD 1,607.00, EUR 1,298.90 and GBP 1,030.33 per ounce.

Silver is trading at $27.93/oz, €22.79/oz and £17.94/oz. Platinum is trading at $1,415.75/oz, palladium at $583.80/oz and rhodium at $1,060/oz.

Gold edged up $1.20 or 0.07% in New York yesterday and closed at $1,612.80/oz. Silver dipped to $27.70 then hit a high of $28.25, then retreated and finished with loss of 0.32%.

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08
Aug
2012

Silver Market Sees ‘Anomalies’ and ‘Devious Efforts’ – CFTC’s Chilton

Today’s AM fix was USD 1,607.00, EUR 1,298.90, and GBP 1,030.33 per ounce.
Yesterday’s AM fix was USD 1,613.00, EUR 1,300.39 and GBP 1,032.39 per ounce.

Silver is trading at $27.88/oz, €22.67/oz and £17.89/oz. Platinum is trading at $1,406.20/oz, palladium at $582.70/oz and rhodium at $1,100/oz.

Gold climbed $0.40 or 0.02% in New York yesterday and closed at $1,611.60/oz. Silver climbed to $28.21 and dipped again but finished with a gain of 0.68%.

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07
Aug
2012

Market Optimistic on Central Bank Intervention

Today’s AM fix was USD 1,613.00, EUR 1,300.39, and GBP 1,032.39 per ounce.
Yesterday’s AM fix was USD 1,606.75, EUR 1,299.43 and GBP 1,032.28 per ounce.

Silver is trading at $28.08/oz, €22.71/oz and £18.01/oz. Platinum is trading at $1,415.70/oz, palladium at $582.50/oz and rhodium at $1,100/oz.

Ireland observed a national holiday on Monday.

Gold climbed $8.40 or 0.52% in New York yesterday and closed at $1,611.20/oz. Silver hit a high of $27.985 and closed with a gain of 0.5%.

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