Bullion Articles & Precious Metals

New York precious metals pushed ahead Thursday with a second day of sharp gains. Futures in silver, gold and platinum were up 9 percent, 4.7 percent, and 5.5 percent, respectively. Continual concern over the global financial sector and its uncertainly lured investors toward traditional safe-haven gold, but the ride was a roller-coaster with sharp ups […]

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New York silver, gold and platinum futures were on fire Wednesday as the government’s takeover of American International Group (AIG) and financial uncertainty spurred investors away from Wall Street and toward precious metals and oil. Gold marked is biggest dollar gain in more than two decades with a $70 rise. October crude-oil jumped $2.35, or […]

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New York precious metals declined Tuesday with platinum plunging 9.2 percent, gold dropping 0.8 percent, silver declining 5.6 percent, and October crude-oil free-falling by $4.56 to $91.15 per barrel. December silver ended at $10.52 an ounce. October platinum was hit hard with its close of $1,068.50 an ounce. Weakening car sales in Europe, China and […]

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Gold snapped its longest losing streak in 8 years Friday to climb with other precious metals. The upward moves helped recover metal losses for the week where London silver, gold and platinum plunged 12.8 percent, 7 percent and 13 percent, respectively. The Dow gained 1.8 percent and the Nasdaq 0.2 percent. October crude-oil on Nymex […]

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New York gold futures fell further Thursday, reaching an impressive nine-day losing streak and smashing through the mental $750 barrier. Silver and platinum faltered as well, while the US dollar gained against the euro. Gold prices were not helped by oil either. October crude fell another $1.71 to $100.87 per barrel; its lowest level since […]

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As the U.S. dollar strengthened Wednesday, New York precious metals futures continued their several day free-fall. Silver, gold and platinum dropped hard, losing 7 percent, 3.7 percent and 5.6 percent, respectively. Silver moved below $11 an ounce, and platinum below $1200 an ounce. Gold hit a new 11-month low. October oil fell 68 cents to […]

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New York precious metals were violently battered downward Tuesday, as silver, gold and platinum lost 2.9 percent, 1.3 percent, and 6.7 percent, respectively. The metals followed crude-oil prices, which neared $100 per barrel on expectations OPEC would not reduce output and new forecasts showing Hurricane Ike’s aim could miss major refining operations in the Gulf. […]

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New York silver, gold and platinum futures dropped Monday, as the U.S. stock market and the dollar soared after the government’s takeover over of Fannie Mae and Freddie Mac. October oil climbed 11 cents to $106.34 per barrel in the wake of concern about the possibility that Hurricane Ike could disrupt oil in the Gulf. […]

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New York gold futures dropped Thursday along with crude-oil and a near 350-point plunge in the stock market. Platinum climbed 0.7 percent, the dollar showed strength, and silver fell ever so slightly. Despite Thursday’s reported decline in crude and gasoline supplies for last week, October oil dropped $1.46 to close to $107.89 per barrel. December […]

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New York precious metals fell for the third consecutive trading session, as crude-oil retreated slightly and the U.S. dollar gained against the euro and British pound. Silver felt the worst of it with a fall of 1.5 percent. It was followed by platinum and gold at 0.8 percent and 0.3 percent, respectively. October oil fell […]

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