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.

New York gold nudged up as silver and platinum dropped along with crude-oil prices. The yellow metal, however, lost half of its earlier gains as the impact of falling oil and a rising US dollar started to take hold. Silver lost 8 cents to close at $18.73 an ounce. Platinum dropped like a brick to […]

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New York gold showed spark early, but gains were dampened by oil’s largest daily drop in more than 17 years. Concerns over a beleaguered financial sector and the U.S. credit crisis weakened the U.S. dollar against the euro, helping gold early. Then Fed chairman Ben Bernanke testified before the Senate Banking committee. Much larger concerns […]

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Gold increased sharply by 4.5 percent this week and hit a four-month high Friday. Silver climbed 3 percent and platinum gained 2.2 percent. Major precipitating factors cited for the gains include U.S. stocks marking a 2-year low, heightened oil prices and concern over escalating tensions between Iran and the West. London silver closed to $18.38 […]

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New York silver, gold and platinum increased Thursday, moving inline with higher crude oil prices. Gold performed at its best upward pace since last week and was helped further by a weaker US dollar. Silver gained 14 cents to close at $18.32 an ounce. Platinum increased sharply to $2,000.90, gaining $26.40 for the day. Reports […]

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New York gold and platinum dropped Tuesday as the US dollar gained and crude oil fell by more than $5 a barrel to record its largest loss in nearly four months. Silver pulled slightly up, rising 3 cents to settle at $17.95 an ounce. Platinum dropped with gold, moving to $1950.40 an ounce and losing […]

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Gold charted mostly level this week, silver was slightly up, and platinum slid down by over 3 percent. The U.S. market was holiday-shortened with 4th of July celebrations Friday. London precious metals continued, with the following results: Silver closed to $18.01 an ounce, a healthy gain of 61 cents compared to last Friday’s close. London […]

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New York gold climbed sharply Tuesday, reaching a 10-week high as European stocks dived, oil prices rose and inflation worries drove investors toward precious metals. Gold closed up $16.20 to $944.50 an ounce. At one point, it reached as high as $948.50. Silver followed, rising more than 4 percent and up 78 cents to $18.29 […]

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Precious metals were mixed this week after an active gold market was favored by a weakening US dollar, losing Dow and record-breaking oil prices. London silver and gold enjoyed Monday through Friday profits, rising 1.2 percent and 1.6 percent respectively. Platinum dropped slightly by -0.3 percent. Silver closed to $17.40 an ounce, a loss of […]

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New York gold surged Thursday, hitting a one-month high. It was up by nearly 4 percent as the U.S. dollar faltered against the euro, oil soared to a new record high, and the Dow industrials plunged to its lowest level in nearly two years. Gold closed up $32.80 at $915.10 an ounce. At one point, […]

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New York gold edged up ever so slightly Tuesday, but stopped short of breaking the $900 barrier. In the end, gold closed to $891.60 an ounce for a gain of $4.40 on the day. Silver fell by nearly 16 cents to close to $16.63 an ounce. Gold’s small upward movement was attributed to Tuesday’s weakening […]

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