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By Jon Nadler |
April 18, 2012
This morning, the midweek session in New York opened lower as gold notched a fourth day of losses, and traded near $1,640 per ounce. Anxieties connected to China’s economy flared in the wake of reports that home prices in that country fell again.
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By Jon Nadler |
July 7, 2011
New York spot precious metals dealings opened a bit on the mixed side this morning. Gold bullion showed a $3.20 per ounce loss on the open and it was quoted at $1,526.20 while silver gained 15 cents to open at $36.05 the ounce.
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By Mark O'Byrne |
March 30, 2011
Gold and, particularly, silver are higher in European trading, especially in Japanese yen, which has come under pressure again today. The initial "repatriation funds" yen rally in the days after the natural and nuclear disaster has abated.
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By Mark O'Byrne |
February 2, 2011
Gold and silver are marginally lower today in all currencies, but recent action suggests we may have seen capitulation and are in the process of bottoming out. Physical demand remains robust as jewelers and investors buy on the dip.
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By Mark O'Byrne |
December 8, 2010
Gold and silver prices reached new record highs of $1,430.95/oz and 30 year highs of $30.68/oz respectively yesterday. It is important to remember that these are nominal highs of more than 30 years ago.
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By Adam Hamilton |
March 15, 2010
The U.S. Mint's American Eagle sales data offers interesting insights into physical precious-metals demand.
