Category: Precious Metals

24
Jul
2013

Gold Scrap Supply to Drop Up to 25% as Sales Decline Due To Lower Prices

Today’s AM fix was USD 1,340.00, EUR 1,012.31 and GBP 872.40 per ounce. 
Yesterday’s AM fix was USD 1,326.75, EUR 1,007.10 and GBP 864.84 per ounce.

Gold rose $8.70 or 0.65% yesterday and closed at $1,342.40/oz. Silver remained unchanged at $20.46.

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23
Jul
2013

Gold Surges 3% – COMEX Default May Lead To Over $3,500/oz

Today’s AM fix was USD 1,326.75, EUR 1,007.10 and GBP 864.84 per ounce. 
Yesterday’s AM fix was USD 1,313.75, EUR 998.21 and GBP 859.22 per ounce.

Gold climbed $39.30 or 3.04% yesterday and closed at $1,333.70/oz. 

Silver surged $0.97 or 4.98% and closed at $20.46.

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22
Jul
2013

South Korea Opening Gold Exchange In Q1, 2014

Today’s AM fix was USD 1,313.75, EUR 998.21 and GBP 859.22 per ounce.
Friday’s AM fix was USD 1,286.00, EUR 981.53 and GBP 843.45 per ounce.

Gold rose $10.70 or 0.83% on Friday and closed at $1,294.40/oz. Silver climbed $0.11 or 0.57% and closed at $19.49.

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19
Jul
2013

Market Week – Bernanke On Gold – Reuters Precious Metals Poll

At a Glance – Market Update Contents 

Market Week – Precious metals have been mixed this week with gold marginally higher up 0.65%, silver 2.4% lower and the PGM metals higher with platinum 1% higher andpalladium 3.3% higher.

Bernanke on Gold – In testimony before the Senate Banking Committee, Federal Reserve Chairman Bernanke remarked: “People hold gold as disaster insurance.”

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18
Jul
2013

India Gold Imports To Rise 5% To Over 900 Tonnes In 2013


Today’s AM fix was USD 1,279.75, EUR 975.79 and GBP 842.00 per ounce.
Yesterday’s AM fix was USD 1,284.25, EUR 977.29 and GBP 845.68 per ounce.

Gold fell $16.70 or 1.29% yesterday and closed at $1,275.70/oz. Silver dropped $0.70 or 3.5% and closed at $19.32. 

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17
Jul
2013

Cyprus Resists International Pressure To Sell Gold Reserves

Today’s AM fix was USD 1,284.25, EUR 977.29 and GBP 845.68 per ounce.
Yesterday’s AM fix was USD 1,286.00, EUR 983.03 and GBP 853.24 per ounce.

Gold rose $7.40 or 0.58% yesterday and closed at $1,292.40/oz. Silver gained $0.06 or 0.3% and closed at $20.02. 

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16
Jul
2013

Premiums High In China and India – China Gold Deliveries Double

Today’s AM fix was USD 1,286.00, EUR 983.03 and GBP 853.24 per ounce.
Yesterday’s AM fix was USD 1,281.25, EUR 983.08 and GBP 850.65 per ounce.

Gold rose $0.50 or 0.04% yesterday and closed at $1,285.00/oz. Silver gained $0.07 or 0.35% and closed at $19.96. 

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15
Jul
2013

Cash For Gold ‘Giveaway’ – As ‘Cash Strapped’ Europeans Sell Jewellery Amid Asian ‘Gold Rush’

Today’s AM fix was USD 1,281.25, EUR 983.08 and GBP 850.65 per ounce.
Friday’s AM fix was USD 1,275.00, EUR 976.79 and GBP 842.70 per ounce.

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12
Jul
2013

Shanghai Gold, Silver Volumes Surge To Records and Premiums Rise As Night Trading Begins

Today’s AM fix was USD 1,275.00, EUR 976.79 and GBP 842.70 per ounce.

Yesterday’s AM
fix was USD 1,280.75, EUR 981.87 and GBP 848.91 per ounce.

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11
Jul
2013

Gold Surges $50 Or 3.3% – Brinks Sees 55% Decline In Gold Inventories In Week

Today’s AM fix was USD 1,280.75, EUR 981.87 and GBP 848.91 per ounce.
Yesterday’s AM  fix was USD 1,252.25, EUR 977.02 and GBP 840.78 per ounce.

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