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Gold Breaks $900 Again, Platinum Surges to Record High

by CoinNews.net on January 24, 2008 · 1 comment

Gold broke the $900 per ounce plane once again and platinum peaked to a new historic record today. Gold had tumbled for a time this week but the Federal Reserve’s unexpected slashing of interest rates Tuesday helped change the momentum. Spot gold hit an earlier high of $910.50 an ounce and was at $907 by [...]

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Platinum Hits Record High: Will Coin Sales Follow?

by CoinNews.net on December 18, 2007 · 1 comment

Platinum hit a record high as strong industrial demand and supply fears drove investors to buy. Spot platinum made it to $1,519 an ounce, breaking the $1,500 barrier for the first time on Monday. It then pulled back slightly for the night, yet was still sitting at $1507 an ounce at 2:20 p.m. (ET on [...]

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