Published in Market Update  Precious Metals 


“If Obama Gets Re-elected Gold Is Going To Go Through The Roof”

Today’s AM fix was USD 1,718.00, EUR 1,321.54, and GBP 1,065.89 per ounce.  Yesterday’s AM fix was USD 1,713.50, EUR 1,322.66, and GBP 1,067.07 per ounce.

Silver is trading at $32.78/oz, €24.93/oz and £20.12/oz. Platinum is trading at $1,578.75/oz, palladium at $604.75/oz and rhodium at $1,070/oz.

Gold edged up $0.50 or 0.06% yesterday and closed at $1,709.50. Silver hit a high of $32.118 and pulled back but still finished with a gain of 0.05%.


Published in Market Update  Precious Metals 


Gold Being Remonetised As Banks In Turkey Target Gold Worth $302 Billion

Today’s AM fix was USD 1,713.50, EUR 1,322.66, and GBP 1,067.07 per ounce.  Yesterday’s AM fix was USD 1,712.00, EUR 1,326.72, and GBP 1,066.00 per ounce.

Silver is trading at $32.01/oz, €24.80/oz and £19.99/oz. Platinum is trading at $1,551.50/oz, palladium at $593.25/oz and rhodium at $1,075/oz.


Published in Market Update  Precious Metals 


Gold To Rally Strongly In November After Expected October Correction

Today’s AM fix was USD 1,704.00, EUR 1,316.44, and GBP 1,057.01 per ounce.  Yesterday’s AM fix was USD 1,715.00, EUR 1,317.71, and GBP 1,063.24 per ounce.

Silver is trading at $31.76/oz, €24.72/oz and £19.80/oz. Platinum is trading at $1,552.80/oz, palladium at $594.20/oz and rhodium at $1,045/oz.

Gold climbed $11.80 or 0.69% in New York yesterday and closed at $1,712.70. Silver surged to a high of $32.232 and finished with a gain of 1.36%.


Published in Market Update  Precious Metals 


Silver Demand In China For Wealth Protection to Climb to Record 7,700 Tons

Today’s AM fix was USD 1,715.00, EUR 1,317.71, and GBP 1,063.24 per ounce.  Yesterday’s AM fix was USD 1,708.50, EUR 1,321.04, and GBP 1,069.28 per ounce.

Silver is trading at $32.11/oz, €24.81/oz and £19.88/oz. Platinum is trading at $1,580.75/oz, palladium at $602.30/oz and rhodium at $1,070/oz.

Gold fell $6.00 or 0.35% in New York yesterday and closed at $1,700.90. Silver dropped to $31.52 in NYC trading in the late morning but recovered in the afternoon and finished with a gain of 0.19%.


Published in Market Update  Precious Metals 


Draghi to Enter the Lion’s Den

Today’s AM fix was USD 1,708.50, EUR 1,321.04, and GBP 1,069.28 per ounce.  Yesterday’s AM fix was USD 1,717.00, EUR 1,317.22, and GBP 1,072.12 per ounce.

Silver is trading at $31.93/oz, €24.77/oz and £20.02/oz. Platinum is trading at $1,577.25/oz, palladium at $596.70/oz and rhodium at $1,100/oz.

Gold fell $21.60 or 1.25% in New York yesterday and closed at $1,706.90. Silver hit a low as $31.55 and ended finished with a loss of 2.35%.


Published in Market Update  Precious Metals 


What Is the Actual Book Value of Germany’s Gold Reserves

Today’s AM fix was USD 1,717.00, EUR 1,317.22, and GBP 1,072.12 per ounce. Yesterday’s AM fix was USD 1,725.00, EUR 1,321.03, and GBP 1,075.10 per ounce.

Silver is trading at $31.80/oz, €24.52/oz and £19.95/oz. Platinum is trading at $1,590.25/oz, palladium at $605.25/oz and rhodium at $1,125/oz.

Gold climbed $6.40 or 0.37% in New York yesterday and closed at $1,728.50. Silver hit a high of $32.434 and finished trading with a gain of 1%.


Published in Market Update  Precious Metals 


IMF’s Paper on The Chicago Plan Continues to Stir Opinions

Today’s AM fix was USD 1,725.00, EUR 1,321.03, and GBP 1,075.10 per ounce.  Friday’s AM fix was USD 1,732.75, EUR 1,327.27, and GBP 1,078.86 per ounce.

Silver is trading at $32.23/oz, €24.76/oz and £20.18/oz. Platinum is trading at $1,625.00/oz, palladium at $625.40/oz and rhodium at $1,160/oz.

Gold fell $18.90 or 1.09% in New York on Friday and closed at $1,722.10. Silver hit a low of $31.92 and rallied back higher in the afternoon but still finished with a loss of 2.02%.


Published in Market Update  Precious Metals 


EU Leaders Agree on Bank Supervisor

Today’s AM fix was USD 1,732.75, EUR 1,327.27, and GBP 1,078.86 per ounce.  Yesterday’s AM fix was USD 1,748.00, EUR 1,331.71and GBP 1,081.42 per ounce.

Silver is trading at $32.37/oz, €24.90/oz and £20.24/oz. Platinum is trading at $1,632.50/oz, palladium at $633.75/oz and rhodium at $1,175/oz.

Gold fell $7.70 or 0.44% in New York yesterday and closed at $1,741.00. Silver slipped to a low of $32.67 and finished with a loss of 1.24%.


Published in Market Update  Precious Metals 


The World Gold Council Publishes Gold’s Q3 Summary

Today’s AM fix was USD 1,748.00, EUR 1,331.71, and GBP 1,081.42 per ounce.  Yesterday’s AM fix was USD 1,747.75, EUR 1,333.86 and GBP 1,082.33 per ounce.

Silver is trading at $32.96/oz, €25.26/oz and £20.52/oz. Platinum is trading at $1,657.50/oz, palladium at $648.40/oz and rhodium at $1,200/oz.

Gold inched up $1.05 or 0.6% in New York yesterday and closed at $1,748.70. Silver climbed up & down and hit a session high of $33.255 and finished trading with a gain of 0.61%.


Published in Market Updates  Precious Metals 


Bloomberg TV: Gold Price To Reach $2500 an Ounce In 2013 - GoldCore

Today’s AM fix was 1,747.75 USD, 1,333.86 EUR, and 1,082.33 GBP per ounce. Yesterday’s AM fix was USD 1,737.50, EUR 1,337.36 and GBP 1,080.40 per ounce.

Gold rose $11.25 or 0.65% in New York yesterday and closed at $1,747.65. Silver rose to 26 cents to close at $32.95 for a gain of 0.8%.

Both precious metals saw further gains in Asia prior to determined selling saw prices gradually fall back late in the Asian trading day and in early European trading.


Published in Market Update  Precious Metals 


ETF “Costs and Liabilities” Sees Investors Migrating to Physical Allocated Gold

Today’s AM fix was USD 1,737.50, EUR 1,337.36, and GBP 1,080.40 per ounce. Yesterday’s AM fix was USD 1,747.25, EUR 1,347.56 and GBP 1,086.87 per ounce.

Silver is trading at $32.86/oz, €25.35/oz and £20.50/oz. Platinum is trading at $1,644.50/oz, palladium at $636.50/oz and rhodium at $1,160/oz.


Published in Market Update  Precious Metals 


Gold And Silver Fall On Open In Asia As October Correction Continues

Today’s AM fix was USD 1,747.25, EUR 1,347.56, and GBP 1,086.87 per ounce. Friday’s AM fix was USD 1,767.00, EUR 1,362.80, and GBP 1,101.35 per ounce.

Silver is trading at $33.28/oz, €25.78/oz and £20.81/oz. Platinum is trading at $1,648.50/oz, palladium at $637.30/oz and rhodium at $1,175/oz.


Published in Market Update  Precious Metals 


Gold And Silver Capped Until After U.S. Election?

Today’s AM fix was USD 1,767.00, EUR 1,362.80, and GBP 1,101.35 per ounce. Yesterday’s AM fix was USD 1,767.25, EUR 1,371.45 and GBP 1,103.29 per ounce.

Silver is trading at $33.96/oz, €26.27/oz and £21.21/oz. Platinum is trading at $1,679.50/oz, palladium at $648.80/oz and rhodium at $1,205/oz.

Gold edged up $4.60 or 0.26% in New York yesterday which saw gold close at $1,767.50. Silver climbed to a high of $34.33 and then fell off and finished with a marginal loss of 0.12%.


Published in Market Update  Precious Metals 


Turkey & Syria Clash and Asians Take a Shine to Silver

Today’s AM fix was USD 1,790.00, EUR 1,375.55, and GBP 1,105.69 per ounce. Yesterday’s AM fix was USD 1,786.50, EUR 1,380.92 and GBP 1,109.01 per ounce.

Silver is trading at $34.91/oz, €26.95/oz and £21.65/oz. Platinum is trading at $1,714.00/oz, palladium at $664.99/oz and rhodium at $1,195/oz.


Published in Market Update  Precious Metals Update 


China To Challenge US Dollar Reserve Currency Status

Today’s AM fix was USD 1,786.50, EUR 1,380.92, and GBP 1,109.01 per ounce. Yesterday’s AM fix was USD 1,777.25, EUR 1,374.73and GBP 1,102.38 per ounce.

Silver is trading at $35.08/oz, €27.13/oz and £21.84/oz. Platinum is trading at $1,707.00/oz, palladium at $664.50/oz and rhodium at $1,180/oz.


Published in Market Update  Precious Metals 


'Mugabenomics' From Zimbabwe To The UK - "Gold Is Good"

Today’s AM fix was USD 1,777.25, EUR 1,374.73, and GBP 1,102.38 per ounce. Yesterday’s AM fix was USD 1,778.50, EUR 1,377.19 and GBP 1,100.56 per ounce.

Silver is trading at $34.83/oz, €27.08/oz and £21.71/oz. Platinum is trading at $1,688.00/oz, palladium at $651.30/oz and rhodium at $1,150/oz.

Determined selling saw gold inch down $1.80 or 0.10% in New York yesterday which saw gold close at $1,775.10. Silver climbed to $35.04 then it pulled back on sharp selling and finished with a loss of 0.37%. 


Published in Market Update  Precious Metals Update 


Silver’s Bullish ‘Golden Cross’; Morgan Stanley Like Silver In Q4 and 2013

Today’s AM fix was USD 1,778.50, EUR 1,377.19, and GBP 1,100.56 per ounce. Yesterday’s AM fix was USD 1,770.50, EUR 1,372.80 and GBP 1,096.01 per ounce.

Silver is trading at $34.80/oz, €27.06/oz and £21.66/oz. Platinum is trading at $1,673.00/oz, palladium at $643.00/oz and rhodium at $1,125/oz.


Published in Market Update  Precious Metals Update 


Eurozone Unemployment at Record Levels

Today’s AM fix was USD 1,770.50, EUR 1,372.80, and GBP 1,096.01 per ounce. Friday’s AM fix was USD 1,781.00, EUR 1,374.65 and GBP 1,098.77 per ounce.

Silver is trading at $34.40/oz, €26.80/oz and £21.40/oz. Platinum is trading at $1,665.00/oz, palladium at $633.30/oz and rhodium at $1,100/oz.