Published in Market Update  Precious Metals 


"Gold Is The Ultimate Money" says Ron Paul

Today’s AM fix was USD 1,608.75, EUR 1,246.42 and GBP 1,059.43 per ounce. Yesterday’s AM fix was USD 1,611.50, EUR 1,247.10 and GBP 1,064.12 per ounce.

Silver is trading at $28.94/oz, €22.49/oz and £19.13/oz. Platinum is trading at $1,587.75/oz, palladium at $757.00/oz and rhodium at $1,250/oz.


Published in Market Update  Precious Metals 


Argentina Turns To Gold As Inflation Tops 26%

Today’s AM fix was USD 1,611.50, EUR 1,247.10 and GBP 1,064.12 per ounce. Yesterday’s AM fix was USD 1,602.50, EUR 1,238.41 and GBP 1,059.78 per ounce.

Silver is trading at $28.95/oz, €22.52/oz and £19.23/oz. Platinum is trading at $1,558.50/oz, palladium at $737.00/oz and rhodium at $1,250/oz.


Published in Gold Cyprus ECB IMF EU Savings Deposits Confiscation 


Savings Confiscation Risks ‘Bank Runs’ – Highlights Importance of Owning Gold

Today’s AM fix was USD 1,599.50, EUR 1,236.09 and GBP 1,057.45 per ounce. Friday’s AM fix was USD 1,593.25, EUR 1,219.39 and GBP 1,051.23 per ounce.

Gold rose above $1,600/oz for the first time in more than two weeks on news of the savings confiscation in Cyprus. The euro fell against all currencies and particularly gold. Gold in euro terms rose 1.8%, from €1,218/oz at the close on Friday to €1,240/oz in trade late this morning.


Published in Market Updates  Precious Metals Update 


Silver And Gold Manipulation - Next Price Fixing Scandal?

Today’s AM fix was USD 1,585.00, EUR 1,225.83 and GBP 1,061.05 per ounce. Yesterday’s AM fix USD 1,591.50, EUR 1,221.98 and GBP 1,062.42 was per ounce.

Both gold and silver fell slightly yesterday. Gold fell $5.00 and closed at $1,588.30/oz. Silver fell 25 cents to close at $28.90/oz.


Published in Market Update  Precious Metals 


Gold And Silver Traders Reduce Long Positions Again

Today’s AM fix was USD 1,577.50, EUR 1,213.28 and GBP 1,058.37 per ounce. Friday’s AM fix was USD 1,577.00, EUR 1,204.18 and GBP 1,049.10per ounce.


Published in Market Update  Precious Metals 


Silver Investment Demand Surges 30% As Silver ETF Holdings Robust

 

Today’s AM fix was USD 1,577.00, EUR 1,049.10 and GBP 1,204.18 per ounce. Yesterday’s AM fix was USD 1,580.50, EUR 1,213.25 and GBP 1,054.02 per ounce.

Silver is trading at $28.81/oz, €22.04/oz and £19.24/oz. Platinum is trading at $1,604.50/oz, palladium at $760.00/oz and rhodium at $1,200/oz.


Published in Market Update  Precious Metals 


Record Silver Eagle Sales - SocGen Say Silver “Cheaper Alternative To Gold”

Today’s AM fix was USD 1,584.25, EUR 1,214.82 and GBP 1,044.33 per ounce. Yesterday’s AM fix was USD 1,578.00, EUR 1,214.13 and GBP 1,049.06 per ounce.


Published in Market Update  Precious Metals 


China’s $3.3 Trillion FX Reserves Could Buy All World’s Gold Twice

Today’s AM fix was USD 1,578.00, EUR 1,214.13 and GBP 1,049.06 per ounce. Friday’s AM fix was USD 1,570.00, EUR 1,203.99 and GBP 1,043.74 per ounce.

Silver is trading at $28.75/oz, €22.11/oz and £19.20/oz. Platinum is trading at $1,584.25/oz, palladium at $719.00/oz and rhodium at $1,200/oz.


Published in Market Updates  Precious Metals Update 


Gold Down In February - Weak Hands Sell On Poor Sentiment; Smart Money Holds Or Adds To Positions

Today’s AM fix was USD 1,570.00, EUR 1,203.99 and GBP 1,043.74 per ounce. Yesterday’s AM fix was USD 1,591.00, EUR 1,213.39 and GBP 1,049.20 per ounce.

Gold fell $16.70 or 1.05% yesterday in New York and closed at $1,580.40/oz. Silver slid to a low of $28.40 and finished with a loss of 1.66%.


Published in Market Update  Precious Metals 


“Catastrophe For The Euro” To Lead To Real European Flight To Gold

Today’s AM fix was USD 1,591.00, EUR 1,213.39 and GBP 1,049.20 per ounce. Yesterday’s AM fix was USD 1,608.50, EUR 1,228.80 and GBP 1,062.28 per ounce.

Silver is trading at $28.94/oz, €22.15/oz and £19.12/oz. Platinum is trading at $1,598.50/oz, palladium at $738.00/oz and rhodium at $1,200/oz.

Gold fell $16.80 or 1.04% yesterday in New York and closed at $1,597.10/oz. Silver slid to a low of $28.84 and finished with a loss of 1.4%.


Published in Market Update  Precious Metals 


Fed To Prompt Currency Crash and Return to Gold Standard

Today’s AM fix was USD 1,608.50, EUR 1,228.80 and GBP 1,062.28 per ounce. Yesterday’s AM fix was USD 1,597.25, EUR 1,219.65 and GBP 1,052.07 per ounce.

Silver is trading at $29.13/oz, €22.32/oz and £19.33/oz. Platinum is trading at $1,611.00/oz, palladium at $736.00/oz and rhodium at $1,200/oz.

Gold climbed $19.30 or 1.3% yesterday in New York and closed at $1,613.90/oz. Silver surged to as high as $29.456 and ended with a gain of 1.2%.


Published in Market Update  Precious Metals 


Renewed Contagion Concern After Italian Election - Stocks Fall, FX Volatility And Gold Rises

Today’s AM fix was USD 1,597.25, EUR 1,219.65 and GBP 1,052.07 per ounce. Yesterday’s AM fix was USD 1,592.50, EUR 1,201.89 and GBP 1,051.85 per ounce.

Silver is trading at $28.79/oz, €22.11/oz and £19.09/oz. Platinum is trading at $1,600.50/oz, palladium at $729.00/oz and rhodium at $1,200/oz.


Published in Market Update  Precious Metals 


Sterling Falls As UK Downgraded - Gold In GBP 1.8% Higher YTD

Today’s AM fix was USD 1,592.50, EUR 1,201.89 and GBP 1,051.85 per ounce. Friday’s AM fix was USD 1,580.00, EUR 1,196.15 and GBP 1,034.78 per ounce.

Silver is trading at $29.27/oz, €22.14/oz and £19.41/oz. Platinum is trading at $1,631.50/oz, palladium at $749.00/oz and rhodium at $1,175/oz.

Gold rose $3.60 or 0.23% on Friday in New York and closed at $1,580.50/oz. Silver gained 0.28%. Gold fell 1.77% this week while silver slipped 3.49%.