22 February, 2013

Published in Market Update  Precious Metals 


GoldCore Insight - Currency Wars: Bye Bye Petrodollar – Buy, Buy Gold

Today’s AM fix was USD 1,580.00, EUR 1,196.15 and GBP 1,034.78 per ounce. Yesterday’s AM fix was USD 1,568.50, EUR 1,189.34 and GBP 1,030.96 per ounce.

Silver is trading at $28.65/oz, €21.80/oz and £18.81/oz. Platinum is trading at $1,611.50/oz, palladium at $731.00/oz and rhodium at $1,175/oz.

Gold climbed $12.30 or 0.79% yesterday in New York and closed at $1,576.90/oz. Silver surged to a high of $28.88 and finished with a gain of 0.53%. Euro gold climbed back to €1,196/oz and platinum lost $32.50 to $1,613/oz.

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21 February, 2013

Published in Market Update  Precious Metals 


Fear In Gold Market As Hedge Funds And Retail Sell – HNW And Smart Money Accumulate Again

Today’s AM fix was USD 1,568.50, EUR 1,189.34 and GBP 1,030.96 per ounce. Yesterday’s AM fix was USD 1,602.00, EUR 1,195.34 and GBP 1,045.76 per ounce.

Silver is trading at $28.73/oz, €21.87/oz and £18.91/oz. Platinum is trading at $1,608.50/oz, palladium at $716.00/oz and rhodium at $1,200/oz.

Gold fell $40.30 or 2.51% yesterday in New York and closed at $1,564.30/oz. Silver slipped to a low of $28.28 and finished with a loss of 2.99%.  

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20 February, 2013

Published in Market Update  Precious Metals 


Gold Bull Market `Still Intact' Says HSBC's Respected Steel

Today’s AM fix was USD 1,602.00, EUR 1,195.34 and GBP 1,045.76per ounce. Yesterday’s AM fix was USD 1,613.50, EUR 1,208.80 and GBP 1,041.57 per ounce.

Silver is trading at $29.07/oz, €21.83/oz and £19.9/oz. Platinum is trading at $1,664.50/oz, palladium at $753.00/oz and rhodium at $1,225/oz.

Gold fell $4.00 or 0.25% yesterday in New York and closed at $1,604.90/oz. Silver slipped to a low of $29.22 before it also rebounded, but it still finished with a loss of 1.31%.

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19 February, 2013

Published in Market Update  Precious Metals 


Sterling At Risk Of "Large-Scale Devaluation" As Currency Wars Intensify

Today’s AM fix was USD 1,613.50, EUR 1,208.80 and GBP 1,041.57 per ounce. Yesterday’s AM fix was USD 1,611.25, EUR 1,206.39 and GBP 1,041.53 per ounce.

Silver is trading at $30.13/oz, €22.68/oz and £19.56/oz. Platinum is trading at $1,700.25/oz, palladium at $765.00/oz and rhodium at $1,245/oz.

Gold slipped 0.1 percent to $1,607.06/oz on Monday after falling as low as $1,598.04/oz on Friday, its weakest since August.

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18 February, 2013

Published in Market Update  Precious Metals 


China And India Demand Returns - SGE Volume Jumps to Record

Today’s AM fix was USD 1,611.25, EUR 1,206.39 and GBP 1,041.53per ounce. Friday’s AM fix was USD 1,629.25, EUR 1,221.42 and GBP 1,052.01 per ounce.

Silver is trading at $30.04/oz, €22.59/oz and £19.49/oz. Platinum is trading at $1,690.20/oz, palladium at $756.00/oz and rhodium at $1,225/oz.

Gold fell $36.70 or 1.63% on Friday and closed at $1,608.90/oz. Silver slid to a low of $29.68 and finished with a loss of 2.13%. In dollar terms, gold was down 3.58% for the week while silver was off 5.28%.

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15 February, 2013

Published in Market Update  Precious Metals 


Hedge Funds Move From GLD To Other ETFs and Safety Of Allocated Gold?

Today’s AM fix was USD 1,629.25, EUR 1,221.42 and GBP 1,052.01 per ounce. Yesterday’s AM fix was USD 1,644.00, EUR 1,233.22 and GBP 1,060.37 per ounce.

Silver is trading at $30.26/oz, €22.80/oz and £19.61/oz. Platinum is trading at $1,692.50/oz, palladium at $759.00/oz and rhodium at $1,225/oz.

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14 February, 2013

Published in Market Update  Precious Metals 


Record Dollar Value Gold Demand In 2012 - India, China and Central Banks Buy

Today’s AM fix was USD 1,644.00, EUR 1,233.22 and GBP 1,060.37 per ounce. Yesterday’s AM fix was USD 1,648.00, EUR 1,223.55 and GBP 1,054.59 per ounce.

Silver is trading at $30.85/oz, €23.24/oz and £19.98/oz. Platinum is trading at $1,730.84/oz, palladium at $765.00/oz and rhodium at $1,200/oz.

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13 February, 2013

Published in Market Update  Precious Metals 


Platinum and Palladium Rise On Supply Concerns – Zimbabwe Now

Today’s AM fix was USD 1,648.00, EUR 1,223.55 and 1,054.59 GBP per ounce. Yesterday’s AM fix was USD 1,641.75, EUR 1,225.28 and GBP 1,053.15 per ounce.

Silver is trading at $31.05/oz, €23.11/oz and £20.02/oz. Platinum is trading at $1,724.50/oz, palladium at $772.00/oz and rhodium at $1,200/oz.

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12 February, 2013

Published in Market Update  Precious Metals 


End Currency Wars With Gold Standard? –Bloomberg Interview and FT Op-ed

Today’s AM fix was USD 1,641.75, EUR 1,225.28 and GBP 1,053.15 per ounce. Yesterday’s AM fix was USD 1,663.50, EUR 1,242.16 and GBP 1,057.94 per ounce.

Silver is trading at $30.94/oz, €23.13/oz and £19.92/oz. Platinum is trading at $1,719.25/oz, palladium at $764.00/oz and rhodium at $1,200/oz.

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11 February, 2013

Published in Market Update  Precious Metals 


Ron Paul: “6,000 Years of History, Gold Is Always Money, Paper Money Fails”

Today’s AM fix was USD 1,663.50, EUR 1,242.16 and GBP 1,057.94 per ounce. Friday’s AM fix was USD 1,669.75, EUR 1,245.15 and GBP 1,059.55 per ounce.

Silver is trading at $31.24/oz, €23.40/oz and £19.99/oz. Platinum is trading at $1,720.75/oz, palladium at $748.00/oz and rhodium at $1,220/oz.

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8 February, 2013

Published in Market Update  Precious Metals 


Gold In Euros Surges 1.8% After Draghi Warns; Soros Says EU May Collapse Like USSR

Today’s AM fix was USD 1,669.75, EUR 1,245.15 and GBP 1,059.55 per ounce. Yesterday’s AM fix was USD 1,675.75, EUR 1,235.99 and GBP 1,065.86 per ounce.

Silver is trading at $31.57/oz, €23.68/oz and £20.04/oz. Platinum is trading at $1,720.75/oz, palladium at $743.00/oz and rhodium at $1,225/oz.

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7 February, 2013

Published in Market Update  Precious Metals 


Gold Sentiment Poor Due To Range Bound Trade and Banks Bearish Predictions

Today’s AM fix was USD 1,675.75, EUR 1,235.99 and GBP 1,065.86 per ounce. Yesterday’s AM fix was USD 1,670.00, EUR 1,234.93 and GBP 1,066.55 per ounce.

Cross Currency and Precious Metal Table – (Bloomberg)

Gold climbed $4.50 or 0.27% yesterday closing at $1,677.50/oz. Silver closed up 0.13% at $31.83.

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6 February, 2013

Published in Market Update  Precious Metals 


Platinum Surges 12% YTD – Mine Closures Sees Supply Fall to 13 Year Low

Today’s AM fix was USD 1,670.00, EUR 1,234.93, and GBP 1,066.55 per ounce. Yesterday’s AM fix was USD 1,678.00, EUR 1,240.02, and GBP 1,063.57 per ounce.

Silver is trading at $31.81/oz, €23.64/oz and £20.41/oz. Platinum is trading at $1,736.00/oz, palladium at $768.00/oz and rhodium at $1,200/oz.

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5 February, 2013

Published in Market Update  Precious Metals 


China's Gold Imports From Hong Kong Double To New Record In 2012

Today’s AM fix was USD 1,678.00, EUR 1,240.02, and GBP 1,063.57 per ounce. Yesterday’s AM fix was USD 1,664.25, EUR 1,224.52, and GBP 1,057.47 per ounce.

Silver is trading at $31.94/oz, €23.65/oz and £20.34/oz. Platinum is trading at $1,707.50/oz, palladium at $758.00/oz and rhodium at $1,200/oz.

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4 February, 2013

Published in Market Update  Precious Metals 


Gold Reaches 155,180 Yen/oz - New Record In Japanese Yen

Today’s AM fix was USD 1,664.25, EUR 1,224.52, and GBP 1,057.47 per ounce. Friday’s AM fix was USD 1,665.00, EUR 1,217.99, and GBP 1,052.46 per ounce.

Silver is trading at $31.57/oz, €23.37/oz and £20.17/oz. Platinum is trading at $1,701.00/oz, palladium at $754.00/oz and rhodium at $1,200/oz.

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1 February, 2013

Published in Market Update  Precious Metals 


JPMorgan Sees Gold At $1,800 By Mid 2013 As South Africa “In Crisis” And “Escalating Instability” In Middle East

Today’s AM fix was USD 1,665.00, EUR 1,217.99, and GBP 1,052.46 per ounce. Yesterday’s AM fix was USD 1,674.50, EUR 1,234.88, and GBP 1,058.47 per ounce.

Silver is trading at $31.45/oz, €23.12/oz and £19.93/oz. Platinum is trading at $1,680.50/oz, palladium at $745.00/oz and rhodium at $1,200/oz.

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31 January, 2013

Published in Market Update  Precious Metals 


Faber to Maria: "You Don't Own Gold And You Are In Great Danger"

Today’s AM fix was USD 1,674.50, EUR 1,234.88, and GBP 1,058.47 per ounce. Yesterday’s AM fix was USD 1,666.25, EUR 1,230.70, and GBP 1,057.20 per ounce.

Silver is trading at $32.08/oz, €23.76/oz and £20.40/oz. Platinum is trading at $1,677.50/oz, palladium at $736.00/oz and rhodium at $1,200/oz.

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30 January, 2013

Published in Market Update  Precious Metals 


Swiss Banks Offer Allocated Accounts As Move To Allocated Internationally

Today’s AM fix was USD 1,666.25, EUR 1,230.70, and GBP 1,057.20 per ounce. Yesterday’s AM fix was USD 1,660.50, EUR 1,235.12, and GBP 1,057.17 per ounce.

Silver is trading at $31.36/oz, €23.25/oz and £19.25/oz. Platinum is trading at $1,690.00/oz, palladium at $754.00/oz and rhodium at $1,200/oz.

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29 January, 2013

Published in Market Update  Precious Metals 


German Gold Repatriation Is Victory For Transparency And GATA

Today’s AM fix was USD 1,660.50, EUR 1,235.12, and GBP 1,057.17 per ounce. Yesterday’s AM fix was USD 1,656.75, EUR 1,232.43, and GBP 1,052.77 per ounce.

Silver is trading at $31.09/oz, €23.23/oz and £19.84/oz. Platinum is trading at $1,675.50/oz, palladium at $737.00/oz and rhodium at $1,200/oz.

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28 January, 2013

Published in Market Update  Precious Metals 


Russian Gold Reserves Up 8.5% In 2012 - Palladium Reserves “Exhausted”

Today’s AM fix was USD 1,656.75, EUR 1,232.43, and GBP 1,052.77 per ounce. Friday’s AM fix was USD 1,670.25, EUR 1,243.39, and GBP 1,058.93 per ounce.

Silver is trading at $30.90/oz, €23.08/oz and £19.74/oz. Platinum is trading at $1,689.00/oz, palladium at $741.00/oz and rhodium at $1,200/oz.

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