Monthly Archives: August 2013
Gold Dips, US Mint Silver Bullion Coins Jump
Gold retreated to start the new trading week Monday, snapping a string of three straight daily gains and after rallying 4.5% last week.
Gold was not alone with losses. Silver fell for the first time in eight sessions following a soaring pick up last week of 14.3% -- its best weekly increase since September 2008 [...]
Gold, Silver Prices Soar on Week; US Mint Bullion Coins Split
Precious metals rallied on the week with silver the main star, soaring 14.3% for its fourth straight weekly gain and its best performance in nearly five years. Gold jumped 4.5% from a week ago, rising in seven of the last eight sessions.
As for Friday, gold for December delivery gained $10.10, or 0.7%, to settle at $1,371 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Jumps to 7-Week Higher, Silver Prices Rally 5.3%
Thursday was bullish for precious metals with the U.S. dollar lower and safe-haven demand in full force as U.S. stocks plunged for a second day and violence escalated in Egypt. Gold soared to a seven-week high and silver notched a sixth straight day of gains to close near $23 an ounce.
Gold for December delivery rallied $27.50, or 2.1%, to finish at $1,360.90 an ounce on the Comex division of the New York Mercantile Exchange [...]