Bullion Articles

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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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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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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Precious metals picked up moving in parallel with rising oil prices and inversely with a weakness in the US dollar. Silver and gold benefited the most, both rising over 4% for the week in London. Platinum increased by nearly 2%. Silver closed to $17.44 an ounce, gaining of $1.13 compared to last Friday’s close. London [...]

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Silver, gold and platinum all declined for the week, with gold falling nearly 3 percent. The US dollar’s strength against the euro, weaker crude oil prices, and Friday’s Labor Department data indicating inflation is mostly where expected, helped edge against precious metal increases. Silver closed to $16.31 an ounce, a loss of $0.55 compared to [...]

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Precious metals spurred forward in the week’s end with strong gains Friday. They were due in part to surprising jobs data numbers showing a rise in unemployment that weakened the US dollar, and fantastically high, record-breaking crude oil prices. London Platinum closed the week to $2,050, which was up $42 compared to its previous Friday [...]

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It was a struggling week for silver, gold and platinum. Each faltered with the overall strength in the US dollar, declines in crude oil prices, and sell-offs for profit taking. However, gold and platinum regained on Friday a portion of their week’s losses, and there seems to be a stronger mix in the air for [...]

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By mid-week, silver, gold and platinum hit the bottom of their slow roller coaster ride on the London Fix. While silver edged up slightly by Friday, gold and platinum enjoyed a quicker and steeper climb starting Thursday. London Platinum closed to $2,136 an ounce, which was up $57 compared to its previous Friday close. Silver [...]

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