Category: Precious Metals Update

03
Apr
2013

Turkey’s Silver Imports Surge 31% and Gold Imports Climb to 8 Month High

Today’s AM fix was USD 1,568.50, EUR 1,222.81 and GBP 1,038.40 per ounce.
Tuesday’s AM fix was USD 1,597.75, EUR 1,244.64 and GBP 1,051.64 per ounce.

Gold fell $23 or 1.45% yesterday while silver fell 76 cents or 2.7%.


Cross Currencies Table – Bloomberg

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15
Mar
2013

Gold And Silver Manipulation At London AM Fix Or New York COMEX?

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14
Mar
2013

Silver And Gold Manipulation – Next Price Fixing Scandal?

Today’s AM fix was USD 1,585.00, EUR 1,225.83 and GBP 1,061.05 per ounce.
Yesterday’s AM fix USD 1,591.50, EUR 1,221.98 and GBP 1,062.42 was per ounce.

Both gold and silver fell slightly yesterday. Gold fell $5.00 and closed at $1,588.30/oz. Silver fell 25 cents to close at $28.90/oz.

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13
Mar
2013

Gold and Silver ETFs “Backed Only By The Good Faith Of Banks and Brokerages”

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01
Mar
2013

Gold Down In February – Weak Hands Sell On Poor Sentiment; Smart Money Holds Or Adds To Positions

Today’s AM fix was USD 1,570.00, EUR 1,203.99 and GBP 1,043.74 per ounce.
Yesterday’s AM fix was USD 1,591.00, EUR 1,213.39 and GBP 1,049.20 per ounce.

Gold fell $16.70 or 1.05% yesterday in New York and closed at $1,580.40/oz. Silver slid to a low of $28.40 and finished with a loss of 1.66%.

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21
Jan
2013

Pacific Group Becomes Latest Hedge Fund Converting Assets to Physical Gold

Today’s AM fix was USD 1,688.00, EUR 1,269.08, and GBP 1063.58 per ounce.
Friday’s AM fix was USD 1,690.00, EUR 1,265.82, and GBP 1,060.49 per ounce.

Silver is trading at $31.98/oz, €24.10/oz and £20.21/oz. Platinum is trading at $1,672.00/oz, palladium at $716.00/oz and rhodium at $1,200/oz. 

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20
Dec
2012

Silver To Gain 29% in 2013 – Analysts, Traders and Investors

Today’s AM fix was USD 1,667.00, EUR 1,259.25 and GBP 1,024.96 per ounce.
Yesterday’s AM fix was USD 1,674.50, EUR 1,261.49 and GBP 1,027.87 per ounce.

Cross Currency Table

Precious metals remained under pressure yesterday and closed with losses for both gold and silver. Gold closed down 0.2% or $3.50 to $1669.30/oz. Silver closed with a loss of 1.7% – down 54 cents to $31.10/oz.

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18
Dec
2012

Japanese Pension Funds With $3.4 Trillion In Assets Seek Safety in Gold

Today’s AM fix was USD 1,699.50, EUR 1,289.26 and GBP 1,048.10 per ounce.
Yesterday’s AM fix was USD 1,690.00, EUR 1,285.27 and GBP 1,043.21 per ounce.

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17
Dec
2012

Special Offer: Silver Bars (1,000oz) at 1.2% and Coins (1oz) at 12% Until 21/12/12

 

Today’s AM fix was USD 1,690, EUR 1,285.27 and GBP 1,043.21 per ounce. 

Friday’s AM fix was USD 1,696.50, EUR 1,297.32 and GBP 1,051.38 per ounce. 

Last week, gold fell 1% and silver by 3% as the recent precious metals downtrend continued. 

Gold fell in Asia overnight and weakness continued in Europe leading to a third day of losses. 

Continuing strong investment and store of wealth demand is being trumped by the short term antics of speculative players and momentum traders – for now. 

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26
Nov
2012

“Gold From The ATM” In Turkey As Gold Deposits Surge In Turkish Banks

Today’s AM fix was USD 1,747.25, EUR 1,347.56, and GBP 1,090.87 per ounce. 
Friday’s AM fix was USD 1,734.75, EUR 1,345.39, and GBP 1,088.37 per ounce.

Silver is trading at $34.12/oz, €26.43/oz and £21.40/oz. Platinum is trading at $1,616.00/oz, palladium at $660.50/oz and rhodium at $1,060/oz.

Gold rose $21.80 or 1.26% in New York on Friday and closed at $1,751.20. Silver hit a high of $34.16 and finished with a gain of 2.19%. Gold was up 2.28% for the week and silver soared 5.61% for the week.

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