GoldCore Precious Metals Market Update

July 3, 2009

Gold
Gold rebounded yesterday after the jobless figures out of the US were worse than expected. This instigated a slump in equities and investors pumped funds into gold to hedge against falling stock markets. Gold is currently trading at $932.60/£571/€666.04.

Silver
Silver has regained some of yesterday’s losses but is still trading at $13.39, down from $14.13 only 4 days ago.

Platinum Group Metals
Palladium is still refusing to budge either way from $250, platinum is in a very tight range, circling $1,180 and rhodium has taken another tumble currently trading at $1,275/$1,425.

Mark OByrne

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