Business News

Bullion BarsMomentum players and technically-driven trades have once again made their presence quite obvious in gold, even more so in silver, and are pushing hard in their quest for an additional buck (or five) in the kitty.

A quick glance at precious metals spot bids this morning showed gold ahead by $10 (near $1,421 the ounce) silver up by 39 cents (at $34.37) and platinum rising by a whopping $34 (to $1,827 per ounce). We could close the books on the first day of March at new records and […]

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Fine Gold BarsU.S. gold prices rose modestly Monday, as did platinum. Silver and palladium were the exceptions. Silver prices soared 2.7 percent while palladium rallied 1.5 percent.

April gold prices gained 60 cents to close at $1,409.90 an ounce on the Comex in New York. The metal traded as low as $1,407.90 an ounce and as high as $1,417.00 an ounce […]

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Bullion BarsAs of this writing, spot gold oscillated between the $1,406 and $1,417 posts — but mainly around the $1,415 level that it also opened at. Silver advanced 56 cents to reach $33.96. Platinum dropped $2 to the $1,803 mark while palladium was able to rise $9 to the $798.00 per ounce bid quote.

No change was reported in rhodium this morning ($2,380.00 on the bid-side). The metals continued to look for guidance to come from crude oil and the dollar, while also taking note of the rising chorus of hawkish central banker talk […]

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Fine Gold Bars

U.S. gold prices retreated Friday, falling for the first time in two weeks and away from a seven-week high. Silver moved in step with the gold, but marked losses for a second straight day.

Both metals rose on the week, however, as gold advanced 1.5 percent and silver added 1.9 percent. As was the case last Friday […]

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Bullion BarsWith Friday’s price action in precious metals and crude oil was largely defined by repeated attempts to recover some of the sizeable damage that profit-takers inflicted upon them in after-hours trading.

Gold prices on the spot market gyrated quite violently (and in varying directions) this morning (the range was from $1,398 to $1,413) albeit the $1,400 mark was maintained for the time being […]

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Fine Gold BarsU.S. gold prices extended their gains Thursday, reaching another fresh seven-week high on the heels of rising turmoil in Libya. But silver was quiet and dipped below a 31-year high reached on Wednesday.

April gold prices edged up $1.80, or 0.1 percent, to $1,415.80 an ounce on the Comex in New York. Gold settled at its best price since January 3. It traded as […]

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Bullion BarsGold spot prices opened with a $6.40 per ounce gain on Thursday, and they were quoted at $1,418.10 on the bid-side.

Silver was off by 12 cents however, feeling the pressure of selling in the industrial and noble metals’ niche (see below). Platinum was down $11 to $1,771.00 the ounce, while palladium suffered an equal-sized loss and was quoted at $766.00 per troy ounce […]

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Fine Gold BarsU.S. precious metals were mixed for a second straight day on Wednesday. Gold and silver advanced to fresh highs while platinum and palladium gave away previous gains to fall into the red for the year.

Investors were risk adverse as mounting turmoil in Libya and the Middle East were again attributed for safe-haven demand in gold and silver […]

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Fine Gold Bars

U.S. gold topped $1,400 an ounce and silver prices reached a fresh 31-year high Tuesday as uprisings in the Mideast and North Africa elicited safe-haven buying, opined analysts.

Gains were deeper around the world during the previous day, however, when the key New York market was closed in celebration of President’s Day […]

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Bullion Bars

Proving once again that explosive geopolitical developments trump any and all bullish wagers made on anticipation of future inflation, or the future fate of the US dollar, gold prices soared on Monday as the "Jasmine Revolution" (or, will it eventually become known as the "Twitter Revolt?") spread and intensified.

Any bearish thoughts among traders were placed on temporary ‘hold’ on Monday, amid such conditions as the missive of the day read: "Fear and Hoarding Worldwide." […]

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