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.

Silver and platinum moved upward on the London Fix for Monday through Friday with a gain of $0.73 and $77 respectively. Silver closed Friday at $18.18 an ounce and platinum at $2,026 an ounce. Gold, on the other hand, lost $9 to close Friday at $928 an ounce.   Gold was “heavily weighed down by […]

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Silver, gold and platinum remained largely unmoved for the week. Monday through Friday London Fix gold curved upward by $13 while silver dropped a penny and platinum fell by $4.   “There is a general tone of lower willingness to take risk at this point. I think you are probably seeing people being hesitant or […]

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There still seems to be an undercurrent of "positive expectations" that precious metals will eventually head to new peaks. But not this week. Silver, gold and platinum all dipped. The largest shake-up happened on Tuesday with gold falling to a two-month low and below $900 an ounce. Silver and Platinum followed the yellow metal. In […]

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Gold plunged to a two-month low and below $900 an ounce on Tuesday. The continual rise of the US dollar is making the metal less attractive and investors are hitting their sell buttons. On top of the dollar’s rise, falling oil prices have also made gold less appealing. At 11:42 a.m. (ET), New York spot […]

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Gold prices are currently down and they have been since the metal’s high of $1030.80 exactly two weeks ago. New York spot gold at 1:30 p.m. (ET) today was at $916.70 an ounce. While expectations could very well be that gold will eventually climb back and set fresh records, is the United States Mint remiss […]

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Precious metals climbed for the week, recovering somewhat from their large free-fall last week. Gold was weakest in its climb, rising just 0.4% on the London Fix. Silver and platinum increased 4.5% and 3.8% respectively. The metals were agitated by a firming US dollar and weaker oil prices. In response to gold, James Moore from […]

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Gold hit a new record high on Monday, March 17, and then quickly dropped to experience its largest weekly loss since August 1990. Gold’s near free-fall was was joined by silver and platinum. The downward plunge began after the Federal Reserve cut interest rates Tuesday by three-quarters of a percentage point, resulting in a surge […]

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Gold plummeted to a three week low on Wednesday with investors selling following Tuesday’s less than expected U.S. interest rate cuts and the dollar’s gaining strength. The Federal Reserve cut interest rates Tuesday by three-quarters of a percentage point, instead of the full percentage point many were expecting. The dollar generally declines with interest rates […]

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Gold hit many analysts expectations Friday when New York gold swung to a new record high of $1,009 an ounce. The falling value of the U.S. dollar, the continuing housing slump and the hedge against inflation all helped to spur gold forward. Silver stayed above the record $20 an ounce it first hit last week […]

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The strength in silver and gold eased slightly for the week while platinum experienced a dip. London Fix Monday through Friday gold was down $6 to close at $973 Friday – one dollar higher than last Friday’s close. Silver passed a milestone in moving above $20 an ounce. However, London numbers had it up only […]

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