Bullion Articles and Precious Metal Reports

Daily morning commentary on gold, silver, platinum and palladium, as well as their closing prices in New York and London are provided in the following bullion articles and precious metals reports.

Many sources proffered concerns over swine flu, as a catalyst for markets moving Monday as they did. For specific trends, gold stepped slightly back from a three-week high, platinum declined heavily, oil sank, and U.S. stocks slipped. In contrast, silver shined. In New York trading futures for bullion: Silver for May delivery rose 3.5 cents, […]

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Precious metals swapped positions this week, breaking away from a prior four-week trend where platinum gained as gold and silver declined. For this week, London gold gained 4.3 percent, silver soared 6.76 percent, and platinum dropped 3.3 percent. Oil futures rallied Friday to push above $50 a barrel, gaining 2.4 percent on the week. Declines […]

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Gold moved above $900 an ounce on Thursday, marking a near three-week high. Silver surged forward for a gain of 45 cents. Platinum, U.S. stocks and crude-oil also advanced. In New York trading futures for bullion: Silver for May delivery jumped 3.7 percent to $12.755 an ounce. Gold for June rose $14.10, or 1.6 percent, […]

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Silver, gold and platinum moved higher Wednesday following prior day losses. Crude-oil continued to rise while U.S. stocks mostly declined in volatile trading. In New York trading futures for bullion: Silver for May delivery jumped 24.5 cents, or 2.0 percent, to $12.305 an ounce. Gold for June rose $9.80, or 1.1 percent, to $892.50 an […]

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Precious metals shifted slightly lower Tuesday while crude and U.S. stocks reversed from Monday’s course and marked gains. In New York trading futures for bullion: Silver for May delivery fell 4.5 cents, or 0.4 percent, to $12.06 an ounce. Gold for June lost $4.80, or 0.5 percent, to $882.70 an ounce. July platinum slumped $9.50, […]

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The markets played a touch of reversal on Monday compared to recent weekly trends. Gold and silver gains finally upstaged platinum, which fell hard. As the U.S. dollar rallied, oil and stocks marked hefty losses. In New York trading futures for bullion: Silver for May delivery gained 31.5 cents, or 2.7 percent, to $12.105 an […]

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For the fourth straight week, gold and silver fell while platinum rose. London gold lost 1.1 percent, silver dropped 2.6 percent, and platinum added 1.7 percent. Oil futures picked up Friday to end above $50 a barrel, but declined 3.7 percent this week. U.S. stocks rallied for the sixth consecutive week to match a streak […]

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Gold and platinum fell Thursday while silver plunged toward $12 an ounce. In other markets, oil broke a three-day losing streak and U.S. stocks soared. In New York trading futures for bullion: Silver for May delivery plummeted 54.5 cents, or 4.3 percent, to $12.255 an ounce. Gold for June lost $13.70, or 1.5 percent, to […]

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Precious metals on Wednesday reversed course from the prior day’s negative movement and ended with slight gains. Oil posted a minimal loss while U.S. stocks pulled off a late day rally. In New York trading futures for bullion: Silver for May delivery gained 3.5 cents, or 0.3 percent, to $12.80 an ounce. Gold for June […]

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U.S. inflation in March dropped to an annual rate of -0.4 percent, marking the first year-over-year decline since August 1995, the Labor Department reported Wednesday. The change is a stark contrast to the month prior, when inflation increased by the fastest one-month pace since July 2008, rising to 0.2 percent. Then, energy costs with a […]

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