Category: Precious Metals Update

13
Apr
2012

Gold To Repeat April, May and Q2 / Q3 2011 Gains in 2012?

Gold’s London AM fix this morning was USD 1,670.50, EUR 1,269.86, and GBP 1,048.91 per ounce. Yesterday’s AM fix was USD 1,655.50, EUR 1,261.33 and GBP 1,039.04 per ounce.

Silver is trading at $32.39/oz, €24.53/oz and £20.27/oz. Platinum is trading at $1,597.50/oz, palladium at $644/oz and rhodium at $1,350/oz. 

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12
Apr
2012

IMF: Gold Is Scarce “Safe Asset” And “Growing Shortage of Safe Assets”

 

Gold’s London AM fix this morning was USD 1,655.50, EUR 1,261.33, and GBP 1,039.04 per ounce. Yesterday’s AM fix was USD 1,654.00, EUR 1,261.63 and GBP 1,040.25 per ounce.

Silver is trading at $31.56/oz, €24.01/oz and £19.78/oz. Platinum is trading at $1,583.75/oz, palladium at $637.50/oz and rhodium at $1,350/oz. 

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11
Apr
2012

Chinese Gold Imports From Hong Kong Rise Nearly 13 Fold – PBOC Likely Buying Dip Again

Gold’s London AM fix this morning was USD 1,654.00, EUR 1,261.63, and GBP 1,040.25 per ounce. Yesterday’s AM fix was USD 1,643.75, EUR 1,255.92 and GBP 1,037.72 per ounce.

Silver is trading at $31.66/oz, €24.08/oz and £19.87/oz. Platinum is trading at $1,591.50/oz, palladium at $636.30/oz and rhodium at $1,350/oz. 

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10
Apr
2012

Japan Keeps Interest Rates Below 0.1% – Further Debasing Japanese Yen

Gold’s London AM fix this morning was USD 1,643.75, EUR 1,255.92, and GBP 1,037.72 per ounce. Thursday’s AM fix was USD 1,622.50, EUR 1,239.21 and GBP 1,022.82 per ounce.

Silver is trading at $31.58/oz, €24.15/oz and £19.95/oz. Platinum is trading at $1,605.00/oz, palladium at $636.20/oz and rhodium at $1,350/oz. 

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05
Apr
2012

Jim Rogers “I Will Buy More” Gold – Still Long Term Bullish

Gold’s London AM fix this morning was USD 1,622.50, EUR 1,239.21, and GBP 1,022.82 per ounce. Yesterday’s AM fix was USD 1,631.75, EUR 1,239.65 and GBP 1,027.75 per ounce.

Silver is trading at $31.36/oz, €24.00/oz and £19.80/oz. Platinum is trading at $1,595.75/oz, palladium at $635.80/oz and rhodium at $1,350/oz. 

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04
Apr
2012

Gold Down 2% On FOMC Minutes – Fundamental Support From Negative Real Interest Rates

Gold’s London AM fix this morning was USD 1,631.75, EUR 1,239.65, and GBP 1,027.75 per ounce. Yesterday’s AM fix was USD 1,674.75, EUR 1,254.03 and GBP 1,044.17 per ounce.

Silver is trading at $32.01/oz, €24.31/oz and £20.16/oz. Platinum is trading at $1,622.20/oz, palladium at $640/oz and rhodium at $1,350/oz. 

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03
Apr
2012

Gold Coins (US Mint) In Q1 2012 Show “No Hysteria and No Bubble”

Gold’s London AM fix this morning was USD 1,674.75, EUR 1,254.03, and GBP 1,044.17 per ounce. Yesterday’s AM fix was USD 1,664.00, EUR 1,246.16 and GBP 1,037.54 per ounce.

Silver is trading at $32.95/oz, €24.70/oz and £20.58/oz. Platinum is trading at $1,657.25/oz, palladium at $655/oz and rhodium at $1,350/oz. 

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02
Apr
2012

BRICs Bank To Rival World Bank and IMF and Challenge Dollar Dominance

Gold’s London AM fix this morning was USD 1,664.00, EUR 1,246.16, and GBP 1,037.54 per ounce. Friday’s AM fix was USD 1,655.75, EUR 1,245.86 and GBP 1,041.22 per ounce.

Silver is trading at $32.41/oz, €24.29/oz and £20.21/oz. Platinum is trading at $1,634.50/oz, palladium at $651.96/oz and rhodium at $1,350/oz. 

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30
Mar
2012

Gold Rises and Silver Surges In Q1 2012 – Fiat Currency Devaluation Continues

Gold’s London AM fix this morning was USD 1,660.75, EUR 1,245.31, and GBP 1,038.68 per ounce.

Yesterday’s AM fix was USD 1,655.75, EUR 1,245.86 and GBP 1,041.22 per ounce.

Gold fell $3.00/oz or 0.18% in New York yesterday and closed at $1,660.10/oz. Gold traded sideways in Asia prior to seeing a slight climb to $1,665.55/oz in late Asian trading and is now trading in Europe near $1,662.65/oz.

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29
Mar
2012

Iran Oil Flow Slows, Price Fears Rise – Risk of War to Support Gold

Gold’s London AM fix this morning was USD 1,655.75, EUR 1,245.86, and GBP 1,041.22 per ounce. Yesterday’s AM fix was USD 1,677.00, EUR 1,255.62 and GBP 1,052.00 per ounce.

Silver is trading at $31.84/oz, €23.97/oz and £20.05/oz. Platinum is trading at $1,630.20/oz, palladium at $639./oz and rhodium at $1,350/oz. 

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