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.

Precious metals prices soared Thursday as news of the Feds plan to buy $1 trillion in securities ignited inflation fears. New York gold and platinum futures jumped the most in six month, rising 7.8 percent and 7.6 percent, respectively. Silver marched 13.3 percent higher at its fastest pace in nearly 30 years. May silver surged […]

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New York gold futures for April spent most of the day below $900 and closed on the floor at $889.10 an ounce — a two-month low. Then, after the Fed announcement to buy $300B in Treasurys, the yellow metal performed a spectacular flip. The U.S. dollar quickly sank and gold skyrocketed in late afternoon electronic […]

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Gold and silver dropped Tuesday for the second consecutive day while platinum rose, oil jumped above $49 a barrel to a three-month high, and U.S. stocks rallied. Looking at the daily numbers, New York silver and gold futures fell 1.7 percent and 0.6 percent, respectively. Platinum improved slightly by 0.2 percent. The Dow gained over […]

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Gold fell Monday for the first time in four days as silver, platinum and U.S. stocks also finished lower. Crude-oil gained. For the numbers, New York silver, gold and platinum futures lost 2.5 percent, 0.9 percent and 1.3 percent, respectively. The Dow dropped 0.1 percent, the S&P fell 0.4 percent and Nasdaq lost 1.9 percent. […]

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After dipping earlier in the week, gold turned upward to regain some positive footing. For the week, the London gold fixing still finished lower, however, falling 0.9 percent. Silver lost 2.6 percent and platinum declined 2.1 percent. U.S. stocks closed Friday on a four-day winning streak. Since last Friday’s close, the Dow rose 9%, the […]

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Gold fell Tuesday for the second straight day, moving below $900 an ounce and losing $46.80 already on the week. Silver, gold and oil also declined while U.S. stocks rallied. For the daily numbers, New York silver, gold and platinum futures lost 3.1 percent, 2.4 percent and 1.9 percent, respectively. The Dow and S&P stepped […]

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Following last Thursday’s and Friday’s gains, gold buckled from selling pressure on Monday to fall below $920 an ounce. Silver slid below $13 an ounce while stocks slumped to new double-digit year lows as oil surged and the U.S dollar strengthened. For the daily numbers, New York silver, gold and platinum futures lost 2.8 percent, […]

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Gold was hit with several days of consecutive losses — eight in New York — until the yellow metal finally turned positive on Thursday. For the week, the London gold fixing finished lower, falling 1.7 percent. However, silver gained 1.9 percent and platinum rose 1.1 percent. It was another grim week for U.S. stocks. The […]

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Gold finally bucked its consecutive eight day negative trend and moved into positive territory Thursday. Silver and platinum joined, swinging upward, while oil and stocks plunged. For the daily numbers, New York silver, gold and platinum futures gained 1.6 percent, 2.3 percent and 1.9 percent, respectively. The Dow and S&P were both down 4.5 percent […]

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Gold fell Wednesday for the eighth straight day. However, silver, platinum, oil and U.S. stocks advanced. For the daily numbers, New York gold futures declined 0.8 percent while silver and platinum gained 1.6 percent and 0.8 percent, respectively. In U.S. stocks, the Dow jumped 2.2 percent, the S&P rose 2.4 percent and the Nasdaq climbed […]

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