Category: Precious Metals

02
Oct
2013

LBMA Consensus: Outlook for Gold Positive Despite Short Term Nervousness

Today’s AM fix was USD 1,293.75, EUR 955.93 and GBP 797.92 per ounce.
Yesterday’s AM fix was USD 1,332.25, EUR 983.14 and GBP 819.85 per ounce

Gold fell $37.90 or 2.85% yesterday, closing at $1,289.90/oz. Silver slid $0.49 or 2.26%, closing at $21.18. Platinum fell $19.40 or 1.4% to $1,379.40/oz, while palladium dropped $5.03 or 0.7% to $716.47/oz.

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01
Oct
2013

Central Banks Favour Gold As Diversification – LBMA

Today’s AM fix was USD 1,332.25, EUR 983.14 and GBP 819.85 per ounce.
Yesterday’s AM fix was USD 1,335.75, EUR 989.59 and GBP 827.30 per ounce

Gold fell $8.20 or 0.93% yesterday, closing at $1,327.80/oz. Silver dropped $0.05 or 0.23%, closing at $21.72. Platinum fell $12.04 or 0.9% to $1,401.06/oz, while palladium slipped $6.25 or 0.9% to $721.75/oz.

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30
Sep
2013

Strong Silver Coin and Bar Demand From India and U.S.

Today’s AM fix was USD 1,335.75, EUR 989.59 and GBP 827.30 per ounce.
Friday’s AM fix was USD 1,321.50, EUR 978.45 and GBP 822.03 per ounce.

Gold climbed$12.30 or 0.93% Friday, closing at $1,336/oz. Silver rose $0.02 or 0.05%, closing at $21.72. Gold rose 0.81% while silver slid 0.09% for the week.

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27
Sep
2013

Gold Analysts Bullish Due To Money Creation On Scale Never Seen In History

Today’s AM fix was USD 1,321.50, EUR 978.45 and GBP 822.03 per ounce.
Yesterday’s AM fix was USD 1,332.50, EUR 987.92 and GBP 830.22 per ounce

Gold slid $9.40 or 0.7% yesterday, closing at $1,323.70/oz. Silver fell $0.06 or 0.28%, closing at $21.70. Platinum dropped $21.70 or 1.5% to $1,404.50/oz, while palladium slipped $1.75 or 0.2% to $718.75/oz. 

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25
Sep
2013

Fed Concerned About Suspicious Gold Trading After FOMC Meeting

Today’s AM fix was USD 1,320.25, EUR 977.67 and GBP 825.36 per ounce.
Yesterday’s AM fix was USD 1,316.50, EUR 976.05 and GBP 823.43 per ounce

Gold rose $1.40 or 0.11% yesterday, closing at $1,322.50/oz. Silver climbed $0.09 or 0.42%, closing at $21.65. At 3:13 EDT, Platinum inched up $7.89 or 0.6% to $1,423.49/oz, while palladium rose $6.75 or 0.9% to $718.75/oz. 

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24
Sep
2013

Singapore Continues Push To Become Asian and Global Gold Hub

Today’s AM fix was USD 1,316.50, EUR 976.05 and GBP 823.43 per ounce.
Yesterday’s AM fix was USD 1,321.75, EUR 978.71 and GBP 824.34 per ounce

Gold fell $4.20 or 0.32% yesterday, closing at $1,321.10/oz. Silver dropped $0.18 or 0.37%, closing at $21.56. At 3:22 EDT, Platinum slipped $9.66 or 0.7% to $1,417.74/oz, while palladium fell $3.23 or 0.5 to $710.97/oz. 

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23
Sep
2013

$17 Trillion U.S. National Debt? Try $211 Trillion

Today’s AM fix was USD 1,321.75, EUR 978.71 and GBP 824.34 per ounce.
Friday’s AM fix was USD 1,355.25, EUR 1,002.18 and GBP 845.39 per ounce

Gold dropped $39.30 or 2.92% Friday, closing at $1,325.30/oz. Silver slid $1.27 or 5.84%, closing at $21.74. At 3:32 EDT Friday, Platinum fell $31.30 or 2.1% to $1,427.50/oz, while palladium slipped $18.53 or 2.5% to $713.97 /oz. Gold was up 0.16% and silver was down 2.03% on the week.

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20
Sep
2013

Ron Paul on U.S. Fed QE: Prepare for the Destruction of the Dollar

Today’s AM fix was USD 1,355.25, EUR 1,002.18 and GBP 845.39 per ounce.
Yesterday’s AM fix was USD 1,363.50, EUR 1,005.90 and GBP 848.16 er ounce

Gold fell $1.10 or 0.08% yesterday, closing at $1,365.20/oz. Silver dropped $0.08 or 0.35%, closing at $23.01. At 3:41 EDT, Platinum fell $3.70 or 0.3% to $1,458.80/oz, while palladium rose $13.85 or 1.9% to $730.59/oz

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18
Sep
2013

Gold Rush Cometh In Japan – 1 Quadrillion Yen National Debt To Bankrupt

Today’s AM fix was USD 1,299.75, EUR 973.16 and GBP 813.97 per ounce.
Yesterday’s AM fix was USD 1,317.25, EUR 985.74 and GBP 828.67 per ounce. 

Gold climbed $0.40 or 0.03% yesterday, closing at $1,309.90/oz. Silver rose $0.02 or 0.09%, closing at $21.72. At 3:13 EDT, Platinum fell $12.61 or 0.9% to $1,420.99/oz, while palladium rose $1.72 or .2% to $702.72/oz.

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17
Sep
2013

Gold Is Not A Safe Haven? Tell That To People In Indonesia

Today’s AM fix was USD 1,317.25, EUR 985.74 and GBP 828.67 per ounce.
Yesterday’s AM fixwas USD 1,314.75, EUR 984.83 and GBP 825.17 per ounce.  

Gold fell $13.70 or 1.04% yesterday, closing at $1,309.50/oz. Silver dropped $0.49 or 2.21%, closing at $21.70. At 2:55 EDT, Platinum fell $15.76 or 1.1% to $1,433.74 /oz, while palladium rose $5.50 or .8% to $702.00/oz.

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