Category: Market Update

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%.

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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.

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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%.

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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.

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14
Feb
2013

Record Dollar Value Gold Demand In 2012 – India, China and Central Banks Buy

Today’s AM fix was USD 1,644.00, EUR 1,233.22 and GBP 1,060.37 per ounce.
Yesterday’s AM fix was USD 1,648.00, EUR 1,223.55 and GBP 1,054.59 per ounce.

Silver is trading at $30.85/oz, €23.24/oz and £19.98/oz. Platinum is trading at $1,730.84/oz, palladium at $765.00/oz and rhodium at $1,200/oz.

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13
Feb
2013

Platinum and Palladium Rise On Supply Concerns – Zimbabwe Now

Today’s AM fix was USD 1,648.00, EUR 1,223.55 and 1,054.59 GBP per ounce.
Yesterday’s AM fix was USD 1,641.75, EUR 1,225.28 and GBP 1,053.15 per ounce.

Silver is trading at $31.05/oz, €23.11/oz and £20.02/oz. Platinum is trading at $1,724.50/oz, palladium at $772.00/oz and rhodium at $1,200/oz.

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12
Feb
2013

End Currency Wars With Gold Standard? –Bloomberg Interview and FT Op-ed

Today’s AM fix was USD 1,641.75, EUR 1,225.28 and GBP 1,053.15 per ounce.
Yesterday’s AM fix was USD 1,663.50, EUR 1,242.16 and GBP 1,057.94 per ounce.

Silver is trading at $30.94/oz, €23.13/oz and £19.92/oz. Platinum is trading at $1,719.25/oz, palladium at $764.00/oz and rhodium at $1,200/oz.

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11
Feb
2013

Ron Paul: “6,000 Years of History, Gold Is Always Money, Paper Money Fails”

Today’s AM fix was USD 1,663.50, EUR 1,242.16 and GBP 1,057.94 per ounce.
Friday’s AM fix was USD 1,669.75, EUR 1,245.15 and GBP 1,059.55 per ounce.

Silver is trading at $31.24/oz, €23.40/oz and £19.99/oz. Platinum is trading at $1,720.75/oz, palladium at $748.00/oz and rhodium at $1,220/oz.

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08
Feb
2013

Gold In Euros Surges 1.8% After Draghi Warns; Soros Says EU May Collapse Like USSR

Today’s AM fix was USD 1,669.75, EUR 1,245.15 and GBP 1,059.55 per ounce.
Yesterday’s AM fix was USD 1,675.75, EUR 1,235.99 and GBP 1,065.86 per ounce.

Silver is trading at $31.57/oz, €23.68/oz and £20.04/oz. Platinum is trading at $1,720.75/oz, palladium at $743.00/oz and rhodium at $1,225/oz.

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07
Feb
2013

Gold Sentiment Poor Due To Range Bound Trade and Banks Bearish Predictions

Today’s AM fix was USD 1,675.75, EUR 1,235.99 and GBP 1,065.86 per ounce.
Yesterday’s AM fix was USD 1,670.00, EUR 1,234.93 and GBP 1,066.55 per ounce.


Cross Currency and Precious Metal Table – (Bloomberg)

Gold climbed $4.50 or 0.27% yesterday closing at $1,677.50/oz. Silver closed up 0.13% at $31.83.

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