-
By Jon Nadler |
January 12, 2012
Gold prices opened with a gain of $11 at $1,654 the ounce in New York while silver advanced about 40 cents to the $30.35 level. Both metals are in the midst of an upward push which might carry them to the $1,700 and $32 areas respectively.
-
By Jon Nadler |
January 6, 2012
Gold prices opened on the nervous side this morning but eked out an 80-cent gain to start the final session of the week at $1,622.20 per ounce. The dollar's current strength is continuing to hold gold back from convincingly surpassing 200-DMA resistance.
-
By Jon Nadler |
November 8, 2011
Precious metals prices opened mixed on Tuesday with gold and silver retreating a bit while platinum and palladium staged advances. Spot gold was quoted at $1,791 per ounce, down about $5 while silver fell 15 cents to the $34.bid level per ounce.
-
By Jon Nadler |
November 7, 2011
Metals markets opened firmer on Monday as the on-going eurozone drama continued to play out without signs of a resolution despite the G-20 summit's end. Gold moved higher despite a slip in the euro and a slightly stronger US dollar.
-
By Jon Nadler |
November 2, 2011
Metals markets opened the midweek session on a positive note as players attempted to repair some of the damage that had been inflicted on Monday and Tuesday by the going-on in Europe and elsewhere.
-
By Jon Nadler |
October 4, 2011
Some and eventually more than all of Monday's gains in gold were handed back by speculators this morning as a further rise in the US dollar and a hefty slide in crude oil made life a tad more difficult for the bulls in the yellow and white metals.
-
By Jon Nadler |
October 3, 2011
Following its worst monthly performance in three years, gold enjoyed a successful attempt at starting the new one off on the right foot this morning. In various gold-oriented forums the "all-clear" signal has already been sounded.
-
By Jon Nadler |
August 31, 2011
Spot gold started the midweek trading session with a drop of $12.40 per ounce; a decline that soon turned into a $25 give-back of Tuesday's $50 gains. Gold's volatility continues to be an unnerving factor for small retail investors.
-
By Peter Krauth |
August 25, 2011
Even while gold, silver, and platinum steal most of the headlines, there are stealth bull markets advancing in other precious metals. Take palladium for instance. Indeed, while platinum may have the prestige, palladium has the profits.
-
By Jon Nadler |
July 28, 2011
Spot bullion dealings opened with a gain of $4.10 per ounce, quotes came in on the bid-side at $1,618.20, and the market remained as nervous as Don Knotts ever was. Unsurprisingly, major gold producers reported swimming in warm waters of huge profits.