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Bullion Bars

New York spot metals prices opened a tad on the mixed side. Gold showed a $1 gain to open the final session of the week at $1,364.50 per ounce.

After making a modest attempt at an advance to near the $1,370.00 level, bullion turned back into negative price territory within the first hour of trading. Gold ETF balances have fallen to an eight-month low on the back of clear-cut […]

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Fine Gold Bars

U.S. gold, silver and palladium prices edged down Thursday. Gold was hurt by a stronger dollar. Platinum fell hardest of the other precious metals.

April gold prices lost $3.00, or 0.2 percent, to $1,362.50 an ounce on the Comex in New York. Gold ranged from $1,351.40 to $1,366.80 […]

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Bullion Bars

Speaking of New York, spot precious metals dealing opened the Thursday session with assorted losses; some larger than others, but most of them due to the combination of a sharply higher US dollar (up 0.61 on the trade-weighted index) and a slump in the commodities’ complex brought about in part at least, but the aforementioned signs that enough is enough when it comes to perpetually re-written price tags for various essentials […]

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Fine Gold Bars

U.S. gold and silver prices settled modestly higher Wednesday following strong gains during the previous session.

April gold prices ended up $1.40, or 0.1 percent, to $1,365.50 an ounce on the Comex in New York — its best price since January 19. Gold ranged from $1,358.30 to $1,367.70 […]

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Fine Gold Bars

U.S. gold rose 1.2 percent and to a three-week high Tuesday as inflation concerns were heightened following news that China raised its interest rates.

Silver was the biggest jumper in precious metals, returning to above $30 an ounce and a level not seen since early January.

April gold prices rose $15.90 to $1,364.10 an ounce on the […]

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Bullion Bars

After the first hour of trading in New York the snapshot price check indicated gold ahead by $10.00 an ounce, at $1,362.1o on the bid-side.

CFTC data continued to reveal that speculative interest in gold bullion is still waning — to the benefit of other, apparently more ‘attractive’ metals. The shrinkage in long gold positions (10,500+ contracts lost in the latest reporting week) continued for a fifth week last week, despite the apparent recovery in bullion values […]

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Fine Gold Bars

U.S. gold and platinum prices dipped modestly Monday while silver and palladium settled higher.

A stronger dollar and expectations for an eventual interest rate hike were among the catalysts cited in pressuring gold.

April gold prices edged lower 80 cents, or 0.1 percent, to $1,348.20 an ounce on the […]

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Fine Gold Bars

U.S. gold prices retreated Friday, but losses were slight and the yellow metal settled 0.5 percent higher on the week, capping its second straight weekly gain.

The U.S. dollar rose following a Labor Department report showing that the U.S. unemployment rate fell to 9 percent. That, combined with weakened safe-haven buying, was bearish for the yellow metal […]

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Bullion Bars

Gold briefly retreated to under $1,350 an ounce following the Labor Department announcement, after first spiking higher on the news.

Following that dip, it bounced back towards $1,355, once again. Then, after that, it was back down to $1,350, once more. And, following that set of gyrations, it was…back up again, nearing the $1,360 area. Do the (chart) wave, shall we? […]

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Fine Gold Bars

U.S. precious metals prices rose Thursday with gold and silver taking lead as each gained 1.6 percent.

Safe-haven demand and bargain-hunting were most often attributed for the gains in gold.

April gold prices finished up $20.90 to $1,353.00 an ounce on the […]

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