Category: Precious Metals Update

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.

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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.

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03
Sep
2012

Gold Mines In South Africa See Strikes As Industrial Unrest Spreads

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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.

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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%.

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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%.

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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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