Monthly Archives: October 2013

31
Oct
2013

Dubai Demand Increases Eightfold And October Eagle And Kangaroo Sales Strong

Today’s AM fix was USD 1,333.75, EUR 975.82 and GBP 832.03 per ounce.
Yesterday’s AM fix was USD 1,349.50, EUR 980.81 and GBP 840.23 per ounce.

Gold inched down $1.80 or 0.13% yesterday, closing at $1,344.60/oz. Silver gained $0.20 or 0.89% closing at $22.68. Platinum increased $8.24 or 0.6% to $1,468.24/oz, while palladium rose $0.25 or 0.0% to $744.25/oz.

Continue Reading
30
Oct
2013

Silver Eagle Bullion Coin Sales Head For Annual Record Over 40 Million

Today’s AM fix was USD 1,349.50, EUR 980.81 and GBP 840.23per ounce.
Yesterday’s AM fix was USD 1,346.75, EUR 978.81 and GBP 837.06 per ounce.

Gold dropped $8.40 or 0.62% yesterday, closing at $1,344.60/oz. Silver rose $0.01 or 0.04% closing at $22.48. Platinum fell $15.50 or 1.1% to $ 1,454.50/oz, while palladium slipped $0.78 or 0.1% to $742.72/oz.

Continue Reading
29
Oct
2013

Screen Traded Fiat Gold Could Get a Violent Wake-Up Call

Today’s AM fix was USD 1,346.75, EUR 978.81 and GBP 837.06 per ounce.
Yesterday’s AM fix was USD 1,351.00, EUR 978.28and GBP 833.69per ounce.

Gold climbed $1.50 or 0.11% yesterday, closing at $1,353.00/oz. Silver slipped $0.05 or 0.22% closing at $22.47. Platinum rose $9.20 or 0.7% to $1,382.00/oz, while palladium climbed $6.50 or 0.9% to $707/oz.

Continue Reading
25
Oct
2013

China’s Gold Reserves At Least 2.5 Times Higher Than Reported, ‘De-Americanisation’ Continues

Today’s AM fix was USD 1,341.75, EUR 971.79 and GBP 827.58 per ounce.
Yesterday’s AM fix was USD 1,336.25, EUR 968.79 and GBP 825.76 per ounce.

Continue Reading
24
Oct
2013

Switzerland’s Gold Exports Go Through The Roof

Today’s AM fix was USD 1,336.25, EUR 968.79 and GBP 825.76 per ounce.
Yesterday’s AM fix was USD 1,333.00, EUR 968.68 and GBP 825.13 per ounce.

Gold fell $6.90 or 0.51% yesterday, closing at $1,333.30/oz. Silver slipped $0.12 or 0.53% closing at $22.56. Platinum rose $2.94 or 0.21% to $1,433.24/oz, while palladium fell $1.50 or 0.20% to $742.50/oz.

Continue Reading
23
Oct
2013

Gold Bullion Coins Import Ban Continues In India

Today’s AM fix was USD 1,333.00, EUR 968.68 and GBP 825.13 per ounce.
Yesterday’s AM fix was USD 1,311.75, EUR 959.51 and GBP 813.24 per ounce.

Gold climbed $25.00 or 1.09% yesterday, closing at $1,340.20/oz. Silver surged $0.49 or 2.21% closing at $22.68. Platinum rose $12.10 or 0% to $1,447.80/oz, while palladium climbed $2.65 or 0.4% to $751.90/oz.

Continue Reading
22
Oct
2013

Faber: “1 Trillion Dollars A Month” Money Printing Coming

Today’s AM fix was USD 1,311.75, EUR 959.51 and GBP 813.24 per ounce.

Yesterday’s AM fix was USD 1,316.00, EUR 962.27 and GBP 814.05 per ounce.

Gold rose $1.10 or 0.08% yesterday, closing at $1,315.20/oz. Silver climbed $0.31 or 1.42% closing at $21.19. Platinum rose $2.64 or 0.2% to $1,433.74/oz, while palladium increased $8.50 or 1.2% to $747/oz.

Continue Reading
21
Oct
2013

U.S. National Debt Over $17 Trillion – Surges $328 Billion In A Single Day

Today’s AM fix was USD 1,316.00, EUR 962.27 and GBP 814.05 per ounce.
Friday’s AM fix was USD 1,317.00, EUR 962.09 and GBP 813.16 per ounce.

Gold fell $5.60 or 0.42% Friday, closing at $1,314.10/oz. Silver rose $0.08 or 0.37% closing at $21.88. Gold and silver were both up on the week at 3.49% and 2.77% respectively.

Gold edged up to near one and a half week highs above $1,316/oz today, supported by a surge in the U.S. National Debt of $328 billion in one day to over the $17 trillion mark.

Continue Reading
18
Oct
2013

Gold Is A Reserve Of Safety – ECB President

Today’s AM fix was USD 1,317.00, EUR 962.09 and GBP 813.16 per ounce.
Yesterday’s AM fix was USD 1,308.50, EUR 959.87 and GBP 813.09 per ounce.

Gold climbed $40.20 or 3.14% yesterday, closing at $1,319.70/oz. Silver rose $0.53 or 2.49% closing at $21.80. Platinum jumped $44.84 or 3.2% to $1,432.74/oz, while palladium soared $23.50 or 3.3% to $737.50 /oz.

Continue Reading
17
Oct
2013

Gold Spikes 3% After Debt Ceiling Rises, U.S. Downgrade, Chase Bank Imposes Capital Controls

Today’s AM fix was USD 1,308.50, EUR 959.87 and GBP 813.09 per ounce.
Yesterday’s AM fix was USD 1,278.25, EUR 944.75 and GBP 797.71 per ounce.

Gold fell $1.80 or 0.14% yesterday, closing at $1,279.50/oz. Silver slid $0.06 or 0.28% closing at $21.27. Platinum climbed $14.80 or 0% to $1,395.20/oz, while palladium rose $7.25 or 1% to $712.55/oz.

Gold prices jumped $36 in 15 minutes and it surged as high as $1,321 per ounce or as much as 3.6% at one stage. Silver jumped by an even greater margin, by 5.1%, and rose as high as $22.18/oz.

Continue Reading