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.

Gold moved lower Thursday as the U.S. dollar climbed and oil prices dipped below $44 a barrel to reach toward a four year low. The dollar benefited from Bank of England and European Central Bank (ECB) interest rate cut announcements. New York silver, gold and platinum futures responded with losses of 0.7 percent, 0.6 percent […]

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Precious metals moved lower Wednesday along with oil as the U.S. dollar climbed against other world currencies. New York silver, gold and platinum futures lost 0.3 percent, 1.6 percent and 0.3 percent, respectively. January crude-oil ended down 17 cents, or 0.4 percent, to $46.79 a barrel. Oil continues to fall from its lowest level in […]

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The U.S. dollar on Tuesday lost steam, and helped gold recover from its biggest previous day session decline since March. That, despite another day of falling oil prices. New York silver and gold futures gained 2.5 percent and 0.8 percent, respectively, while platinum declined 0.3 percent. January crude-oil lost another $2.32, or 4.7 percent, following […]

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Precious metals slipped and then tumbled on Monday as the U.S. dollar showed strength against other world currencies and oil plummeted 9.4 percent. New York silver, gold and platinum futures fell 8.3 percent, 5.2 percent and 8.2 percent respectively. January crude-oil plunged $5.15 to close to $49.28 a barrel. The average price for unleaded gasoline […]

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Precious metals were again mixed for the week. Gold edged up for the month in New York by an impressive 14 percent, its biggest percent rise since September. However, London gold — used as a benchmark for immediate delivery — lost 0.3 percent, although London silver and platinum gained 0.8 percent and 5.0 percent respectively. […]

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Precious metals moved lower Wednesday as the U.S. dollar showed strength, and despite rising oil. New York silver, gold and platinum futures fell 0.5 percent, 1.2 percent and 0.2 percent, respectively. January crude-oil recovered from Tuesday’s losses, gaining $3.67, or 7.2 percent, to close to $54.44 a barrel. The average price for unleaded gasoline declined […]

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Gold Down as Oil Tumbles

by CoinNews.net on November 25, 2008 · 0 comments

Gold moved slightly lower Tuesday as oil plunged. The yellow metal fell for the first time in five sessions following Monday’s 9.2 percent surge. New York gold futures dropped 0.1 percent while silver declined 0.8 percent. Platinum managed to climb 0.6 percent. January crude-oil gave up most of its earlier gains, falling $3.73, or 6.8 […]

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Gold rose for a fourth consecutive session Monday as the U.S. dollar weakened against other world currencies. Silver was radiant, rising nearly 90 cents. By the end of the day, New York silver, gold and platinum futures gained 9.2 percent, 3.5 percent and 4.9 percent respectively. January crude-oil surged $4.57, or 9.2 percent, to close […]

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It was a mixed bag for precious on the week. London gold gained 4 percent while silver and platinum fell 3.5 percent and 3.6 percent respectively. The Dow declined 5.3 percent, the S&P lost 8.4 percent, and the Nasdaq dropped 8.7 percent from last Friday’s close. New York January crude-oil settled to $49.93 a barrel, […]

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Gold bucked the traditional trends on Thursday and gained despite a rising dollar and oil at its lowest closing point in over three years. New York gold futures gained 1.7 percent. Silver and platinum futures fell together for the second consecutive day by 3.1 percent and 4.1 percent respectively. December crude-oil plunged $4, or 7.5 […]

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