GoldCore Precious Metals Update, 24 February 2011

Gold and Silver

Gold is trading higher this morning at $1,414/oz and silver is holding steady at $33.31/oz. On the currencies, gold trades at £874/oz and €1,026/oz respectively. Silver trades at £20.61/oz and €24.18/oz.

Platinum Group Metals

The PGMs are weaker across the board with platinum trading at $1,773/oz and palladium trading at $768/oz. Both are now looking for industrial demand to provide support at current levels. Rhodium remains steady at $2,400 per ounce.

Mark OByrne