Category: Precious Metals Update

08
Aug
2012

Silver Market Sees ‘Anomalies’ and ‘Devious Efforts’ – CFTC’s Chilton

Today’s AM fix was USD 1,607.00, EUR 1,298.90, and GBP 1,030.33 per ounce.
Yesterday’s AM fix was USD 1,613.00, EUR 1,300.39 and GBP 1,032.39 per ounce.

Silver is trading at $27.88/oz, €22.67/oz and £17.89/oz. Platinum is trading at $1,406.20/oz, palladium at $582.70/oz and rhodium at $1,100/oz.

Gold climbed $0.40 or 0.02% in New York yesterday and closed at $1,611.60/oz. Silver climbed to $28.21 and dipped again but finished with a gain of 0.68%.

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07
Aug
2012

Market Optimistic on Central Bank Intervention

Today’s AM fix was USD 1,613.00, EUR 1,300.39, and GBP 1,032.39 per ounce.
Yesterday’s AM fix was USD 1,606.75, EUR 1,299.43 and GBP 1,032.28 per ounce.

Silver is trading at $28.08/oz, €22.71/oz and £18.01/oz. Platinum is trading at $1,415.70/oz, palladium at $582.50/oz and rhodium at $1,100/oz.

Ireland observed a national holiday on Monday.

Gold climbed $8.40 or 0.52% in New York yesterday and closed at $1,611.20/oz. Silver hit a high of $27.985 and closed with a gain of 0.5%.

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03
Aug
2012

Draghi Disappoints and the IMF Warns About the US Fiscal Cliff

Today’s AM fix was USD 1,595.00, EUR 1,303.53, and GBP 1,024.74 per ounce.
Yesterday’s AM fix was USD 1,604.50, EUR 1,305.53and GBP 1,031.90 per ounce.

Silver is trading at $27.32/oz, €22.37/oz and £17.61/oz. Platinum is trading at $1,402.20/oz, palladium at $573.30/oz and rhodium at $1,100/oz.

Gold dropped $10.50 or 0.66% in New York yesterday and closed at $1,588.70/oz. Silver was down to a low of $26.97 and finished with a loss of 0.91%.

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02
Aug
2012

Draghi vs. Weidmann Round 1

Today’s AM fix was USD 1,604.50, EUR 1,305.53, and GBP 1,031.90 per ounce.
Yesterday’s AM fix was USD 1,614.75, EUR 1,311.95and GBP 1,032.78 per ounce.

Silver is trading at $27.52/oz, €22.51/oz and £17.76/oz. Platinum is trading at $1,404.75/oz, palladium at $580.80/oz and rhodium at $1,100/oz.

Gold fell $14.10 or 0.87% in New York yesterday and closed at $1,599.20/oz. Silver fell to a low of $27.157 then also recovered, but still ended down 2.04%.

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01
Aug
2012

The Waiting Game

Today’s AM fix was USD 1,614.75, EUR 1,311.95, and GBP 1,032.78 per ounce.
Yesterday’s AM fix was USD 1,622.75, EUR 1,323.29 and GBP 1,034.46 per ounce.

Silver is trading at $28.92/oz, €22.78/oz and £17.94/oz. Platinum is trading at $1,414.20/oz, palladium at $587.70/oz and rhodium at $1,100/oz. 

Gold dropped $8.80 or 0.54% in New York yesterday and closed at $1,613.30/oz. Silver edged down as low as $27.89 and ended with a loss of 0.92%. 

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31
Jul
2012

Draghi Set to Unleash SMP Program While Market Awaits Fed

Today’s AM fix was USD 1,622.75, EUR 1,323.29, and GBP 1,034.46 per ounce.
Yesterday’s AM fix was USD 1,616.50, EUR 1,317.87 and GBP 1,029.75 per ounce.

Silver is trading at $28.21/oz, €23.06/oz and £18.06/oz. Platinum is trading at $1,429.20/oz, palladium at $585.80/oz and rhodium at $1,100/oz.

Gold fell $1.30 or 0.08% in New York yesterday and closed at $1,622.10/oz. Silver pulled back to $27.53 in Asia, but then it hit a high of $28.23 in New York and ended with a gain of 1.55%.

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30
Jul
2012

Gold Sentiment Increasingly Positive – Market Looks for Signal This Week

Today’s AM fix was USD 1,616.50, EUR 1,317.87, and GBP 1,029.75 per ounce.
Friday’s AM fix was USD 1,618.75, EUR 1,321.43 and GBP 1,031.51 per ounce.

Silver is trading at $27.66/oz, €22.65/oz and £17.68/oz. Platinum is trading at $1,409.50/oz, palladium at $571.15/oz and rhodium at $1,125/oz.

Gold climbed $7.80 or 0.48% in New York on Friday and closed at $1,623.40/oz. Silver rose to a high of $27.839, edged off a few times, and ended with a gain of 0.98%.

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27
Jul
2012

Will US GDP Numbers Lead to QE3?

Today’s AM fix was USD 1,618.75, EUR 1,321.43, and GBP 1,031.51 per ounce.
Yesterday’s AM fix was USD 1,603.00, EUR 1,321.74and GBP 1,034.26 per ounce.

Silver is trading at $27.79/oz, €22.65/oz and £17.74/oz. Platinum is trading at $1,420.70/oz, palladium at $571.75/oz and rhodium at $1,150/oz.

Gold rose $11.10 or 0.69% in New York yesterday and closed at $1,615.60/oz. Silver climbed to a high of $27.815 and ended with a gain of 0.55%.

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26
Jul
2012

Gold’s Rally Short Term? Long Term Outlook Bullish

Today’s AM fix was USD 1,603.00, EUR 1,321.74, and GBP 1,034.26 per ounce.
Yesterday’s AM fix was USD 1,587.50, EUR 1,309.39 and GBP 1,024.86 per ounce.

Silver is trading at $27.79/oz, €22.77/oz and £17.89/oz. Platinum is trading at $1,416.00/oz, palladium at $570.75/oz and rhodium at $1,150/oz.

Gold climbed $22.20 or 1.04% in New York yesterday and closed at $1,604.50/oz. The silver price hit a high of $27.559 and finished the day with a gain of 1.3%.

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25
Jul
2012

Will the European Stability Mechanism Seek a Banking License?

Today’s AM fix was USD 1,587.50, EUR 1,309.39, and GBP 1,024.86 per ounce.
Yesterday’s AM fix was USD 1,573.00, EUR 1,300.54 and GBP 1,015.23 per ounce.

Silver is trading at $27.13/oz, €22.42/oz and £17.56/oz. Platinum is trading at $1,397.50/oz, palladium at $564.63/oz and rhodium at $1,150/oz.

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