Category: Market Update

29
Aug
2012

Euro Gold Technicals Look Near Perfect

Today’s AM fix was USD 1,664.25, EUR 1,325.04 and GBP 1,051.66 per ounce.
Yesterday’s AM fix was USD 1,663.50, EUR 1,325.18 and GBP 1,053.52 per ounce.

Silver is trading at $30.79/oz, €24.62/oz and £19.54/oz. Platinum is trading at $1,519.10/oz, palladium at $630.80/oz and rhodium at $1,025/oz.

Gold edged up $3.30 or 0.2% in New York yesterday and closed at $1,667.20. Silver slipped in Asia then hit a high of $30.985 in New York and finished up 0.59%.

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28
Aug
2012

Russia, Turkey, Ukraine Buy Gold But Bullion Tiny Part Of Global FX Reserves

Today’s AM fix was USD 1,663.50, EUR 1,325.18 and GBP 1,053.52 per ounce.
Yesterday the London Bullion Market was closed for a national holiday.
Friday’s AM fix was USD 1,666.50, EUR 1,329.16 and GBP 1,051.88 per ounce.

Silver is trading at $30.88/oz, €24.70/oz and £19.63/oz. Platinum is trading at $1,531.50/oz, palladium at $641.50/oz and rhodium at $1,025/oz.

Gold fell $5.90 or 0.35% in New York on Friday and closed at $1,663.90. Silver climbed to $31.241 then retreated but finished with a gain of 0.03%.

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27
Aug
2012

History May View ECB’s Draghi As “Currency Forger of Europe”

Today the London Bullion Market is closed for a national holiday.
Friday’s AM fix was USD 1,666.50, EUR 1,329.16 and GBP 1,051.88 per ounce.

Silver is trading at $30.91/oz, €24.77/oz and £19.62/oz. Platinum is trading at $1,550.00/oz, palladium at $647.90/oz and rhodium at $1,025/oz.

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24
Aug
2012

Precious Metals ‘Perfect Storm’ As MSGM Risks Align

Today’s AM fix was USD 1,666.50, EUR 1,329.16, and GBP 1,051.88 per ounce.
Yesterday’s AM fix was USD 1,662.50, EUR 1,324.07and GBP 1,047.57 per ounce.

Silver is trading at $30.37/oz, €24.36/oz and £19.25/oz. Platinum is trading at $1,541.00/oz, palladium at $642.50/oz and rhodium at $1,025/oz.

Gold climbed $14.60 or 0.88% in New York yesterday and closed at $1,669.40. Silver surged to a high at $30.81 and finished with a gain of 2.28%. The precious metals have broken out this week with sharp gains being seen in all four precious metals.

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23
Aug
2012

Gold And Platinum Surge As Mining Unrest Spreads

Today’s AM fix was USD 1,662.50, EUR 1,324.07, and GBP 1,047.57per ounce.
Yesterday’s AM fix was USD 1,640.50, EUR 1,315.87 and GBP 1,038.49 per ounce.

Silver is trading at $30.36/oz, €24.30/oz and £19.31/oz. Platinum is trading at $1,543.75/oz, palladium at $628.10/oz and rhodium at $1,025/oz.

Gold surged $17.10 or 1.04% in New York yesterday and closed at $1,654.40. Silver surged to a high of $29.91 and finished with a gain of 1.91%.

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22
Aug
2012

LCH.Clearnet Accepts ‘Loco London’ Gold As Collateral Next Tuesday

Today’s AM fix was USD 1,640.50, EUR 1,315.87, and GBP 1,038.49 per ounce.
Yesterday’s AM fix was USD 1,624.00, EUR 1,308.94and GBP 1,030.26 per ounce.

Silver is trading at $29.44/oz, €23.74/oz and £18.72/oz. Platinum is trading at $1,524.75/oz, palladium at $628.60/oz and rhodium at $1,025/oz.

Gold climbed $16.60 or 1.02% in New York yesterday and closed at $1,637.60. Silver surged to hit a high of $29.501 and finished with a gain of 1.6%.

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21
Aug
2012

Russia Accumulates Gold As Consolidates Below Resistance At $1,644/oz

Today’s AM fix was USD 1,624.00, EUR 1,308.94, and GBP 1,030.26 per ounce.
Yesterday’s AM fix was USD 1,615.25, EUR 1,306.84 and GBP 1,028.04 per ounce.

Silver is trading at $28.95/oz, €22.40/oz and £18.44/oz. Platinum is trading at $1,495.75/oz, palladium at $604.70/oz and rhodium at $1,025/oz.

Gold rose $4.80 or 0.3% in New York yesterday and closed at $1,620.70/oz – its highest level in three months (since June 19). Silver dropped than rallied back to $28.83 ending the day with a gain of 2.64%.

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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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