Category: Market Update

13
Sep
2012

Monetary “Floodgates” And Geopolitical Unrest To Support Precious Metals

Today’s AM fix was USD 1,730.50, EUR 1,339.81 and GBP 1,073.64 per ounce.
Yesterday’s AM fix was USD 1,742.75, EUR 1,352.23 and GBP 1,081.71 per ounce.

Silver is trading at $33.15/oz, €25.78/oz and £20.56/oz. Platinum is trading at $1,657.75/oz, palladium at $676.80/oz and rhodium at $1,025/oz.

Gold is a tad higher today in most major currencies. Investors await the policy decision by the US Federal Reserve and Fed Chairman Ben Bernanke’s news conference at 1815 GMT.

Continue Reading
12
Sep
2012

Germany Can Ratify ESM Bailout Fund With Conditions – Gold And Silver Rise In Euros

Today’s AM fix was USD 1,742.75, EUR 1,352.23 and GBP 1,081.71 per ounce.
Yesterday’s AM fix was USD 1,731.00, EUR 1,352.77 and GBP 1,081.33 per ounce.

Silver is trading at $33.94/oz, €26.39/oz and £21.17/oz. Platinum is trading at $1,649.00/oz, palladium at $674.70/oz and rhodium at $1,025/oz.

Gold rallied to a 6 month high in dollars after Germany’s top court ruled that Germany can ratify the €500 billion ESM bailout fund but with strict conditions. 

Continue Reading
11
Sep
2012

Iran Imports From Turkey Surge To $8 Billion YTD – $3.2 Billion Worth Of Bullion In Q2 2012

Today’s AM fix was USD 1,731.00, EUR 1,352.77 and GBP 1,081.33 per ounce.
Yesterday’s AM fix was USD 1,732.75, EUR 1,355.09 and GBP 1,082.63 per ounce.

Silver is trading at $33.57/oz, €26.36/oz and £21.02/oz. Platinum is trading at $1,602.75/oz, palladium at $668.20/oz and rhodium at $1,025/oz.

Continue Reading
10
Sep
2012

Gold In Euros Touches New Record High At EUR 1,360.23 Per Ounce

Today’s AM fix was USD 1,732.75, EUR 1,355.09, and GBP 1,082.63 per ounce.
Friday’s AM fix was USD 1,696.00, EUR 1,337.75 and GBP 1,062.06 per ounce.

Silver is trading at $33.50/oz, €26.32/oz and £21.05/oz. Platinum is trading at $1,596.50/oz, palladium at $655.70/oz and rhodium at $1,025/oz.

Continue Reading
06
Sep
2012

JPM and Goldman See $1,800/oz Gold By Year End – Iran, Middle East and Inflation Risks Cited

Today’s AM fix was USD 1,708.50, EUR 1,355.09, and GBP 1,074.53 per ounce.
Yesterday’s AM fix was USD 1,689.50, EUR 1,349.23 and GBP 1,065.26 per ounce.

Silver is trading at $32.55/oz, €25.94/oz and £20.55/oz. Platinum is trading at $1,582.50/oz, palladium at $644.80/oz and rhodium at $1,025/oz.

Continue Reading
05
Sep
2012

Gold’s Rise To Continue Above $2,500/oz On Negative Real Interest Rates

Today’s AM fix was USD 1,689.50, EUR 1,349.23, and GBP 1,065.26 per ounce.
Yesterday’s AM fix was USD 1,691.50, EUR 1,342.25 and GBP 1,067.44 per ounce.

Silver is trading at $32.18/oz, €25.73/oz and £20.32/oz. Platinum is trading at $1,563.50/oz, palladium at $636.50/oz and rhodium at $1,025/oz.

Continue Reading
04
Sep
2012

September And November Best Months To Own Gold

Today’s AM fix was USD 1,691.50, EUR 1,342.25, and GBP 1,067.44 per ounce.
Yesterday’s AM fix was USD 1,686.00, EUR 1,341.72 and GBP 1,061.65 per ounce.

Silver is trading at $32.06/oz, €25.56/oz and £20.27/oz. Platinum is trading at $1,557.00/oz, palladium at $630.40/oz and rhodium at $1,025/oz.

Yesterday the markets were closed in USA for a national holiday. Gold’s PM fix yesterday in London was USD 1,691.50, EUR 1,345.45, and GBP 1,065.176 per ounce.

Continue Reading
03
Sep
2012

Gold Mines In South Africa See Strikes As Industrial Unrest Spreads

SPECIAL OFFER: Gold Bars At Just 3.8% For One Week Only
We are offering beautiful and increasingly popular Perth Mint gold bars (1 ounce) on special offer at an incredibly low 3.8% premium until Friday. Call +353 (0)1 632 5010 or email sales@goldcore.com 

Today’s AM fix was USD 1,686.00, EUR 1,341.72 and GBP 1,061.65 per ounce.
Friday’s AM fix was USD 1,657.75, EUR 1,319.03 and GBP 1,047.68 per ounce.

Continue Reading
31
Aug
2012

August 2012: Gold and Platinum Up 2.7% And 6.4% While Silver Surges 9%

Today’s AM fix was USD 1,657.75, EUR 1,319.03 and GBP 1,047.68 per ounce.
Yesterday’s AM fix was USD 1,657.00, EUR 1,320.21 and GBP 1,046.48 per ounce.

Silver is trading at $30.61/oz, €24.42/oz and £19.39/oz. Platinum is trading at $1,516.00/oz, palladium at $617.00/oz and rhodium at $1,025/oz.

Gold fell $0.80 or 0.05% in New York yesterday and closed at $1,655.30. Silver hit a high of $30.90 then edged down to $30.215 and surged higher, but finished trading with a loss of 1.04%.

Continue Reading
30
Aug
2012

Gold Option Traders Most Bullish Since Bottom In October 2008

Today’s AM fix was USD 1,657.00, EUR 1,320.21 and GBP 1,046.48 per ounce.
Yesterday’s AM fix was USD 1,664.25, EUR 1,325.04 and GBP 1,051.66 per ounce.

Silver is trading at $30.78/oz, €24.63/oz and £19.50/oz. Platinum is trading at $1,528.25/oz, palladium at $631.80/oz and rhodium at $1,025/oz.

Gold fell $11.10 or 0.67% in New York yesterday and closed at $1,656.10. Silver slipped to a low of $30.55 and rallied back and forth then finished the day with a loss of 0.58%.

Continue Reading