Monthly Archives: February 2013

28
Feb
2013

“Catastrophe For The Euro” To Lead To Real European Flight To Gold

Today’s AM fix was USD 1,591.00, EUR 1,213.39 and GBP 1,049.20 per ounce.
Yesterday’s AM fix was USD 1,608.50, EUR 1,228.80 and GBP 1,062.28 per ounce.

Silver is trading at $28.94/oz, €22.15/oz and £19.12/oz. Platinum is trading at $1,598.50/oz, palladium at $738.00/oz and rhodium at $1,200/oz.

Gold fell $16.80 or 1.04% yesterday in New York and closed at $1,597.10/oz. Silver slid to a low of $28.84 and finished with a loss of 1.4%.

Continue Reading
27
Feb
2013

Fed To Prompt Currency Crash and Return to Gold Standard

Today’s AM fix was USD 1,608.50, EUR 1,228.80 and GBP 1,062.28 per ounce.
Yesterday’s AM fix was USD 1,597.25, EUR 1,219.65 and GBP 1,052.07 per ounce.

Silver is trading at $29.13/oz, €22.32/oz and £19.33/oz. Platinum is trading at $1,611.00/oz, palladium at $736.00/oz and rhodium at $1,200/oz.

Gold climbed $19.30 or 1.3% yesterday in New York and closed at $1,613.90/oz. Silver surged to as high as $29.456 and ended with a gain of 1.2%.

Continue Reading
26
Feb
2013

Renewed Contagion Concern After Italian Election – Stocks Fall, FX Volatility And Gold Rises

Today’s AM fix was USD 1,597.25, EUR 1,219.65 and GBP 1,052.07 per ounce.
Yesterday’s AM fix was USD 1,592.50, EUR 1,201.89 and GBP 1,051.85 per ounce.

Silver is trading at $28.79/oz, €22.11/oz and £19.09/oz. Platinum is trading at $1,600.50/oz, palladium at $729.00/oz and rhodium at $1,200/oz.

Continue Reading
25
Feb
2013

Sterling Falls As UK Downgraded – Gold In GBP 1.8% Higher YTD

Today’s AM fix was USD 1,592.50, EUR 1,201.89 and GBP 1,051.85 per ounce.
Friday’s AM fix was USD 1,580.00, EUR 1,196.15 and GBP 1,034.78 per ounce.

Silver is trading at $29.27/oz, €22.14/oz and £19.41/oz. Platinum is trading at $1,631.50/oz, palladium at $749.00/oz and rhodium at $1,175/oz.

Gold rose $3.60 or 0.23% on Friday in New York and closed at $1,580.50/oz. Silver gained 0.28%. Gold fell 1.77% this week while silver slipped 3.49%.

Continue Reading
22
Feb
2013

GoldCore Insight – Currency Wars: Bye Bye Petrodollar – Buy, Buy Gold

Today’s AM fix was USD 1,580.00, EUR 1,196.15 and GBP 1,034.78 per ounce.
Yesterday’s AM fix was USD 1,568.50, EUR 1,189.34 and GBP 1,030.96 per ounce.

Silver is trading at $28.65/oz, €21.80/oz and £18.81/oz. Platinum is trading at $1,611.50/oz, palladium at $731.00/oz and rhodium at $1,175/oz.

Gold climbed $12.30 or 0.79% yesterday in New York and closed at $1,576.90/oz. Silver surged to a high of $28.88 and finished with a gain of 0.53%. Euro gold climbed back to €1,196/oz and platinum lost $32.50 to $1,613/oz.

Continue Reading
21
Feb
2013

Fear In Gold Market As Hedge Funds And Retail Sell – HNW And Smart Money Accumulate Again

Today’s AM fix was USD 1,568.50, EUR 1,189.34 and GBP 1,030.96 per ounce.
Yesterday’s AM fix was USD 1,602.00, EUR 1,195.34 and GBP 1,045.76 per ounce.

Silver is trading at $28.73/oz, €21.87/oz and £18.91/oz. Platinum is trading at $1,608.50/oz, palladium at $716.00/oz and rhodium at $1,200/oz.

Gold fell $40.30 or 2.51% yesterday in New York and closed at $1,564.30/oz. Silver slipped to a low of $28.28 and finished with a loss of 2.99%.  

Continue Reading
20
Feb
2013

Gold Bull Market `Still Intact’ Says HSBC’s Respected Steel

Today’s AM fix was USD 1,602.00, EUR 1,195.34 and GBP 1,045.76per ounce.
Yesterday’s AM fix was USD 1,613.50, EUR 1,208.80 and GBP 1,041.57 per ounce.

Silver is trading at $29.07/oz, €21.83/oz and £19.9/oz. Platinum is trading at $1,664.50/oz, palladium at $753.00/oz and rhodium at $1,225/oz.

Gold fell $4.00 or 0.25% yesterday in New York and closed at $1,604.90/oz. Silver slipped to a low of $29.22 before it also rebounded, but it still finished with a loss of 1.31%.

Continue Reading
19
Feb
2013

Sterling At Risk Of “Large-Scale Devaluation” As Currency Wars Intensify

Today’s AM fix was USD 1,613.50, EUR 1,208.80 and GBP 1,041.57 per ounce.
Yesterday’s AM fix was USD 1,611.25, EUR 1,206.39 and GBP 1,041.53 per ounce.

Silver is trading at $30.13/oz, €22.68/oz and £19.56/oz. Platinum is trading at $1,700.25/oz, palladium at $765.00/oz and rhodium at $1,245/oz.

Gold slipped 0.1 percent to $1,607.06/oz on Monday after falling as low as $1,598.04/oz on Friday, its weakest since August.

Continue Reading
18
Feb
2013

China And India Demand Returns – SGE Volume Jumps to Record

Today’s AM fix was USD 1,611.25, EUR 1,206.39 and GBP 1,041.53per ounce.
Friday’s AM fix was USD 1,629.25, EUR 1,221.42 and GBP 1,052.01 per ounce.

Silver is trading at $30.04/oz, €22.59/oz and £19.49/oz. Platinum is trading at $1,690.20/oz, palladium at $756.00/oz and rhodium at $1,225/oz.

Gold fell $36.70 or 1.63% on Friday and closed at $1,608.90/oz. Silver slid to a low of $29.68 and finished with a loss of 2.13%. In dollar terms, gold was down 3.58% for the week while silver was off 5.28%.

Continue Reading
15
Feb
2013

Hedge Funds Move From GLD To Other ETFs and Safety Of Allocated Gold?

Today’s AM fix was USD 1,629.25, EUR 1,221.42 and GBP 1,052.01 per ounce.
Yesterday’s AM fix was USD 1,644.00, EUR 1,233.22 and GBP 1,060.37 per ounce.

Silver is trading at $30.26/oz, €22.80/oz and £19.61/oz. Platinum is trading at $1,692.50/oz, palladium at $759.00/oz and rhodium at $1,225/oz.

Continue Reading