Measuring Declines from the High- Gold, Silver, Platinum, Palladium
For the past few weeks, precious metals have undergone significant, rapid declines. This follows a year of banner performance during 2009. I wanted to take a post to briefly examine the extent of the declines for gold, silver, platinum, and palladium.
Roughly two months ago, gold had reached a new all time high and silver had [...]
2009 Precious Metals Performance: Gold, Silver, Platinum, Palladium
Precious metals delivered a strong performance during 2009 with strong returns across the major categories of gold, silver, platinum, and palladium. Although gold seemed to dominate the attention of the mainstream press, the annual performance figures reveal that it was outperformed by other precious metals.
The table below displays the last price of 2008 from Kitco’s [...]
Gold and Silver Eagle Bullion Sales June 2009
The US Mint’s sales of gold and silver bullion coins during June 2009 showed increases from both the prior month and year ago levels. The increases came amidst two interesting developments for the US Mint’s bullion coin programs.
In the middle of the month, the US Mint announced that their long standing rationing programs would be [...]
Gold, Silver & Platinum 2009 Second Quarter Performance
With the second quarter behind us, let’s take a look at the performance of gold, silver, and platinum for the second quarter of 2009 and year to date.
All of the metals posted gains, but at single digit levels. The best performer for the second quarter was silver with a gain of 6.33%, followed by platinum [...]
Platinum ETF and Palladium ETF Coming Soon?
ETF Securities USA recently filed with the SEC to launch exchange traded funds covering platinum and palladium. There are currently no exchange traded funds covering these metals available in the United States.
The same firm already offers ETFs for platinum and palladium which trade in Europe. According to the Wall Street Journal, the platinum holdings for [...]
