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 with a gain of 5.52%, and then gold with a gain of 1.96%. The closing numbers don’t tell the full story. At the beginning of June, precious metals prices had spiked. At this recent peak, silver had been up as much as 22% for the quarter. Platinum and gold were also showing heftier gains at this time.
| 2009 Second Quarter Gold, Silver, and Platinum Performance | ||||
| 31-Mar-09 | 30-Jun-09 | Change | Percent | |
| Gold | 916.5 | 934.50 | 18.00 | 1.96% |
| Silver | 13.11 | 13.94 | 0.83 | 6.33% |
| Platinum | 1,124.00 | 1186.00 | 62.00 | 5.52% |
On a year to date basis, the top precious metal performer remains as platinum with a gain of 32.07% on the year. This is followed by silver with a gain of 29.19% and gold with a gain of 7.44%. The performance of the metals had lined up in the same manner at the close of the first quarter.
| 2009 YTD Gold, Silver, and Platinum Performance | ||||
| 30-Dec-08 | 30-Jun-09 | Change | Percent | |
| Gold | 869.75 | 934.50 | 64.75 | 7.44% |
| Silver | 10.79 | 13.94 | 3.15 | 29.19% |
| Platinum | 898.00 | 1186.00 | 288 | 32.07% |
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