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Gold and Silver Prices Soar in October, Mark Third Month of Gains

Bullion Chart

Precious metals rallied Friday for a second consecutive day as the U.S dollar dipped and gold prices surged toward $1,360 an ounce. The yellow metal capped its third straight monthly gain and has posted six weekly increases in seven weeks.

Speculation that the Fed will weaken the greenback with a second round of monetary easing supported gold. Prices shot up 2.5 percent this week after falling 3.4 percent last week [...]

Gold and Silver Prices Slide for First Time in Six Weeks

Bullion Charts

Gold and silver prices declined on Friday, cementing their first losing week in six as the U.S. dollar posted its first weekly increase in the same timeframe. Platinum fell as well, but palladium edged higher and will shoot for seven consecutive weekly gains before the end of October [...]

Gold and Silver Prices Rise for 5th Straight Week

A rebounding U.S. dollar pressured gold prices lower Friday, breaking a two-day string of records. Silver retreated as well, dropping from a 30-year high...

Gold and Silver Prices Rise for Fourth Week, Stocks Advance

Markets ironically rejoiced Friday following a Labor Department report showing that the U.S. economy shed more jobs in September than expected. The news sealed players'...

Bullion Weekly Prices Soar, Stocks Dip

Precious metals rallied Friday, capping a third straight week of gains. A slumping dollar and expectations of quantitative easing from the...

Bullion Prices Hit Highs and Records, Stocks Rally for Week

Precious metals rallied for a second straight week as gold reached an all-time record of $1,301.60 an ounce while silver hit a fresh...

Bullion Prices and Business Weekly Update – September 18, 2010

Precious metals rallied this week as gold closed at a fresh record for a third time and silver reached a 30-year high. The yellow...

Bullion Prices and Business Weekly Update – September 11, 2010

Markets moved narrowly for the week as concerns over a slowdown competed with mildly upbeat economic reports that gently lifted risk appetite. Gold...

Bullion Prices and Business Weekly Update – September 4, 2010

A better-than-expected U.S. unemployment report Friday was credited for lifting stocks but pressuring gold. However, gold steadied later after data showed growth...

Bullion Prices and Business Weekly Update – August 28, 2010

U.S. gold prices edged 20 cents higher on Friday, capping a string of four consecutive weekly gains. Gold continued to ride on the...

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