Gold, Silver, Platinum, Palladium 2010 Second Quarter Performance
Although gold and silver are experiencing a sharp decline today, they recorded strong performance during the second quarter of 2010. Platinum and palladium both posted declines for second quarter, but maintain gains for the year to date.
The table below shows the last London Fix Price of 2009 for each metal and the last price for [...]
2010 First Quarter Gold Demand
The World Gold Council has released Gold Demand Trends for the First Quarter of 2010. The report indicates a drop in gold demand for the covered period, but suggests that demand will be strong for the rest of the year.
Identifiable gold demand during the first quarter of 2010 was 760.2 tonnes, representing a drop of [...]
Demand for Physical Gold Surging
There have been numerous recent reports about the surging demand for physical gold. It has been mostly concentrated in Europe, but there have also been signs of new waves of demand hitting the U.S.
This is a big shift from earlier this year. For the first two months of 2010, the Austrian Mint had reported that [...]
2010 Proof Gold Buffalo and 2010 Fractional Gold Eagles
Closely behind the release of the 2010 Gold Buffalo bullion coins, the United States Mint has two more gold products on the way. This includes the collectible proof version of the Gold Buffalo and fractional weight American Gold Eagles.
The 2010 Proof Gold Buffalo is now scheduled for release on June 3, 2010. Since this is [...]
Price of Gold at All Time High
The price of gold reached an all time high in US Dollar terms in late electronic trading yesterday. Gold has continued higher this morning and is currently trading at $1,239 per ounce.
The previous all time high for gold was $1,226.10, reached in December 2009.
Gold had finished 2009 with a price of $1,087.50. This means that [...]
