bullion prices

Precious metals surged this week with gold, platinum and silver posting sizable percentage gains. Inflation concerns, economic worries and speculation of a declining US dollar were common reasons proffered for the yellow metal’s fortunes. Crude oil fell Friday and for a second straight day, but managed a small weekly increase. In stocks, major US indexes [...]

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Precious metals were up and down through much of the week as the US dollar mostly set gold’s direction. While metal futures finished with higher weekly gains in New York, silver was the standout in London logging a 1.2% loss. Oil slipped to a one-month low Friday following weaker than expected US consumer confidence numbers. [...]

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Precious metals rallied this week following a weaker US dollar that was pushed lower by a series of economic reports, including the Labor Department’s higher than expected unemployment figures of 10.2 percent — a more than 26-year high. Gold reached an all-time high and silver soared. Crude oil tumbled on Friday by nearly 3 percent [...]

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Precious metals retreated on the week as prices fell following a stronger US dollar. New York crude oil dropped the most in a month on Friday, yet still managed an October rise of 9 percent. US stocks also declined sharply Friday to mark their worst one-day slide since April. The Dow, S&P and Nasdaq registered [...]

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Precious metals were mixed on the week, moving narrowly from last week’s soaring prices. For the week in London, gold and silver edged slightly lower while platinum inched higher. In New York futures, gold and platinum climbed several dollars while silver ended down nearly 30 cents. In other markets on Friday, New York oil futures [...]

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Precious metals were mixed with mostly narrow weekly movement as the metals followed the ups and downs of the US dollar. In London, gold gained $12 on the week while platinum lost $12. Silver shifted a penny higher. New York oil futures turned lower on Friday but still surged 5.7 percent for the week. US [...]

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Precious metal prices turned south, ending the week down for the first time since mid-July. In notable declines, gold retreated below $1,000 an ounce, silver slipped toward $16, and platinum dropped under $1,290. New York oil futures turned higher on Friday but plunged 8% for the week. US and European stocks finished lower as well, [...]

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