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Recent Posts Tagged With 'bullion'
Silver, Gold and Platinum Rise, but Pressure Felt
New York silver, gold and platinum bucked the normal trend, rising Thursday while crude-oil fell and the U.S. dollar gained strength. Silver for October settled to $13.63 an ounce, gaining 13 cents, ...
Gold and Platinum Rise with Oil, Silver Falls with Dollar
New York gold and platinum futures rose with higher oil prices and a weaker U.S. dollar Wednesday. Silver fell nearly 1 percent. Crude oil for October finished up $1.88 to $118.15 a barrel on further...
Silver and Gold Rise with Oil
New York Gold tumbled early but recovered to register a small gain as oil prices climbed on concerns that Hurricane Gustav could threaten oil production in the Gulf. Crude oil for October finished up ...
Bullion & Business Weekend Report - Aug 23
Precious metals enjoyed positive gains this week with London silver, gold and platinum rising 4.69 percent, 3.32 percent and 3.26 percent respectively. Stocks and the U.S. dollar rallied, as oil plung...
Precious Metals Drop with Oil, as Inflation News Calms
New York silver, gold and platinum lost a part of their recent gains Friday, as oil tumbled and the U.S. dollar and stocks rallied with Federal Reserve Chairman Ben Bernanke’s calming inflation...
Gold, Precious Metals Rise Sharply with Oil, Dollar Falls
New York silver and platinum rallied sharply Thursday with each rising over 5%. Gold shined as well moving up 2.8%. A soft U.S. dollar that was tripped by financial worries and rebounding crude-oil pr...
Platinum Dives Lower Still, Gold and Silver Rise
New York platinum continued its downward spiral Tuesday falling 3.1 percent. Silver and gold, on the other hand, experience gains after oil’s surge and the US dollar’s decline. After thre...
Bullion & Business Weekend Report - Aug 16
Precious metals took brutal body blows this week with London silver, gold and platinum falling 16.4 percent, 8.9 percent and 10.8 percent respectively. A dominating U.S. dollar matched against weaker...
Precious Metals Tank, Coin Collectors Happy?
Overnight trading whiplashed precious metals into unconsciousness and a recovery appears to be nowhere in site on Friday. As of this writing, New York spot gold is below $780 an ounce, silver tanked...
Bullion & Business Weekend Report - Aug 9
The dollar’s rally against other major currencies and the continual slippage in crude oil prices surged US stocks forward while silver, gold and platinum took it on the chin. The precious metal...
Gold Falls for Fifth Consecutive Day, Silver and Platinum Follow
A strong US greenback was credited for New York silver gold and platinum losses Thursday. Gold’s decline marks the fifth consecutive day of poor performance for the yellow metal. Silver for Se...
Bullion & Business Weekend Report - Aug 2
Precious metals slid lower for the week with platinum feeling the worst of it after poor automotive results were announced. The metal is used in catalytic converters, which accounts for some 50 percen...
Gold Recovers from Below $900 an Ounce
New York gold was driven lower during an earlier sell-off Wednesday, but recovered some of its losses to close above $900 an ounce after the US dollar showed weakness. A late oil rally and reduced inf...
Bullion & Business Weekend Report - July 26
Gold took its negative direction this week from tumbling oil prices and a stronger US dollar. Platinum faired worse by reaching toward six-month lows earlier, but managed to recover some of its lost g...
Platinum Continues Dive, Gold Drops Tad
New York platinum continued its free fall Thursday while gold stopped bleeding to close just slightly lower. Crude-oil gained $1.05 to end at $125.49 a barrel, but a firm US dollar kept gold in check....
Precious Metals Slide Lower with Oil, Dollar Up
New York silver, gold and platinum continued their slide downward Wednesday following lower crude-oil prices, and moving opposite of the US dollar. Oil was below $125 a barrel, mellowing inflation w...
Bullion & Business Weekend Report - July 19
Gold settled, remaining largely unchanged for the week after Iranian tensions appeared to ease and financial markets stabilized. Weaker crude oil prices also weighed in to help keep gold in check. Pl...
Bullion & Business Weekend Report - July 12
Gold increased sharply by 4.5 percent this week and hit a four-month high Friday. Silver climbed 3 percent and platinum gained 2.2 percent. Major precipitating factors cited for the gains include U.S....
Bullion & Business Weekend Report - July 5
Gold charted mostly level this week, silver was slightly up, and platinum slid down by over 3 percent. The U.S. market was holiday-shortened with 4th of July celebrations Friday. London precious meta...
Bullion & Business Weekend Report - June 28
Precious metals were mixed this week after an active gold market was favored by a weakening US dollar, losing Dow and record-breaking oil prices. London silver and gold enjoyed Monday through Friday ...
Bullion & Business Weekend Report - June 21
Precious metals picked up moving in parallel with rising oil prices and inversely with a weakness in the US dollar. Silver and gold benefited the most, both rising over 4% for the week in London. Plat...
Bullion & Business Weekend Report - June 14
Silver, gold and platinum all declined for the week, with gold falling nearly 3 percent. The US dollar’s strength against the euro, weaker crude oil prices, and Friday’s Labor Department d...
Gold Declines Sharply Tuesday Morning
Gold’s riotous ride and gains Friday have all but been eliminated this morning with the US dollar’s emerging strength and the decline of crude oil The latter was encouraged through a joint...
Bullion & Business Weekend Report - June 7
Precious metals spurred forward in the week’s end with strong gains Friday. They were due in part to surprising jobs data numbers showing a rise in unemployment that weakened the US dollar, and ...
Bullion & Business Weekend Report - May 31
It was a struggling week for silver, gold and platinum. Each faltered with the overall strength in the US dollar, declines in crude oil prices, and sell-offs for profit taking. However, gold and pla...
Silver, Gold and Platinum Prices Drive Lower
Silver, gold and platinum — all precious metals, for that matter — are experiencing sharp declines this morning. A slide in crude oil prices combined with a strengthening U.S. dollar a...
Bullion & Business Weekend Report - May 24
Precious metals enjoyed positive gains for the week following record energy prices and a weaker U.S. dollar. London Platinum closed to $2,182 an ounce, which was up $46 compared to its previous Frid...
Bullion & Business Weekend Report - May 16
By mid-week, silver, gold and platinum hit the bottom of their slow roller coaster ride on the London Fix. While silver edged up slightly by Friday, gold and platinum enjoyed a quicker and steeper c...
Bullion & Business Weekend Report - May 10
Platinum enjoyed a robust week, silver showed a modest gain and gold dropped slightly on the London Fix. Platinum’s rally was helped along Friday by the launch of two Exchange Traded Notes (ETN...