Bullion Articles and Precious Metal Reports

Daily morning commentary on gold, silver, platinum and palladium, as well as their closing prices in New York and London are provided in the following bullion articles and precious metals reports.

Gold snapped its longest losing streak in 8 years Friday to climb with other precious metals. The upward moves helped recover metal losses for the week where London silver, gold and platinum plunged 12.8 percent, 7 percent and 13 percent, respectively. The Dow gained 1.8 percent and the Nasdaq 0.2 percent. October crude-oil on Nymex […]

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As the U.S. dollar strengthened Wednesday, New York precious metals futures continued their several day free-fall. Silver, gold and platinum dropped hard, losing 7 percent, 3.7 percent and 5.6 percent, respectively. Silver moved below $11 an ounce, and platinum below $1200 an ounce. Gold hit a new 11-month low. October oil fell 68 cents to […]

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New York precious metals were violently battered downward Tuesday, as silver, gold and platinum lost 2.9 percent, 1.3 percent, and 6.7 percent, respectively. The metals followed crude-oil prices, which neared $100 per barrel on expectations OPEC would not reduce output and new forecasts showing Hurricane Ike’s aim could miss major refining operations in the Gulf. […]

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New York silver, gold and platinum futures dropped Monday, as the U.S. stock market and the dollar soared after the government’s takeover over of Fannie Mae and Freddie Mac. October oil climbed 11 cents to $106.34 per barrel in the wake of concern about the possibility that Hurricane Ike could disrupt oil in the Gulf. […]

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Precious metals fell for the week with silver, gold and platinum plunging 6.3 percent, 2.8 percent and 4.4 percent, respectively. As the U.S. dollar climbed, stocks and crude oil declined. For the week, the Dow lost 2.8 percent and the Nasdaq 4.7 percent. October oil on Nymex hit a five-month low of $106.23 per barrel, […]

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New York gold futures dropped Thursday along with crude-oil and a near 350-point plunge in the stock market. Platinum climbed 0.7 percent, the dollar showed strength, and silver fell ever so slightly. Despite Thursday’s reported decline in crude and gasoline supplies for last week, October oil dropped $1.46 to close to $107.89 per barrel. December […]

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New York precious metals fell for the third consecutive trading session, as crude-oil retreated slightly and the U.S. dollar gained against the euro and British pound. Silver felt the worst of it with a fall of 1.5 percent. It was followed by platinum and gold at 0.8 percent and 0.3 percent, respectively. October oil fell […]

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New York silver, gold and platinum all dropped sharply Tuesday, helped by falling crude-oil prices and a rally in the U.S. dollar. The latter was spurred along by furthering concerns over the economic picture in Europe and Asia. Reports to date indicate Hurricane Gustav did not cause any significant damage to Gulf oil infrastructure. And […]

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London precious metals moved higher for the week with silver, gold and platinum rising 5.4 percent, 2.9 percent and 3.9 percent, respectively. On Friday, stocks slid lower, and the U.S. dollar climbed against the euro. Crude oil reversed early gains and lost 13 cents to settle the week at $115.46 a barrel. London silver closed […]

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New York silver, gold and platinum bucked the normal trend, rising Thursday while crude-oil fell and the U.S. dollar gained strength. Silver for October settled to $13.63 an ounce, gaining 13 cents, or 0.9 percent. October platinum gained a sharp $43.50, or 3 percent, to end at $1,484.20 an ounce. The metal was helped by […]

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