Gold Advances On Week, Silver Retreats As Financial Crisis II Looms
Gold, platinum and palladium all advanced on the week while silver gave up most of the previous week's gains. As measured by the London PM Fix Price, gold gained $7 on the week to $1,540.00 while silver pulled back by $2.50 to $35.19. Platinum moved up by $21
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Precious Metals Stage Impressive Rally – Are Gold Stocks Next?
As measured by the closing London PM Fix Price, precious metals staged impressive gains this week, rallying across the board. Ongoing concerns about the sovereign debt crisis in Europe, the debt limit ceiling
Precious Metals Little Changed On Week While Investors Ponder Government Defaults
Precious metal prices traded in a narrow range this week. As measured by the closing London Fix Price, gold, platinum and silver declined slightly while palladium gained $16 per ounce. After the London close,
Precious Metals Prices Stumble In Wild Trading Week
Commodity and precious metal prices tumbled this week, with gold and silver prices snapping a streak of four consecutive weekly increases. Following the recent run up in prices, there had been some anticipation of a correction. In addition, there were concerns that the Fed's announcement of the end of
Precious Metals Soar – Thank You Ben Bernanke
As predicted on Monday, the Federal Reserve policy meeting and subsequent press conference by Fed Chief Ben Bernanke had the potential to cause an explosive move up in the precious metal markets. (see
Gold Hits All Time High and Silver Breaks $40 as Precious Metal Demand Soars
Anything but paper dollars was the theme this week as investors rushed into anything of tangible value. Gold, silver, oil and commodities of all types have been skyrocketing since last August when the Federal Reserve announced its second round of quantitative easing. Gold closed at an all time high
Gold and Silver Prices Push To New Highs, Gold Silver Ratio Drops To 28 Year Low
Gold and silver prices, as measured by the London PM Fix Price, moved to new highs on the week. Gold, as measured by the closing London PM Fix Price, gained $16 per ounce on the week and hit an all
Gold and Silver Prices Gain on Week
As measured by the London PM Fix price, gold and silver prices gained on the week after declining approximately 1% each in the previous week. Gold gained $8.50 per ounce on the week to $1,420.00. Silver was the stand out gainer on the week with a 3% or $1.05 per ounce gain. As the situation in
Perth Mint Introduces Australian Platypus Platinum Bullion Coins
On March 1, 2011, the Perth Mint of Australia introduced a new platinum investment coin to complement the gold and silver offerings of their official bullion program. The Perth Mint has not offered a platinum investment coin since the withdrawal of the Platinum Koala in 2000, however they do produce
Gold and Silver Prices Higher as Platinum and Palladium Sell Off
As turmoil reigned in the Middle East and worries mounted over the reduction of oil supplies, gold and silver proved their safe haven status as both moved higher in price. After a very solid gain of $1.94 per ounce last week, silver continued its upward move with another gain of $.60. The closing London
