Precious Metals

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5 Week Gold Price Report

Gold prices eased 0.3% on Monday, April 15 Gold, and most other precious metals, ended lower in the start to the new trading week Monday. The yellow metal posted is weakest settlement in five weeks. Gold for June delivery declined $3.90, or 0.3%, to close at $1,291.30 an ounce on the Comex division of the …

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Precious Metals More Available, Premiums Declining

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By the middle of March, demand in the U.S. for physical precious metals, especially gold and silver, was so strong that retailer inventories were largely depleted. As dealers attempted to restock from suppliers, wholesale inventories ran out. As primary distributors and other wholesalers sought to order more products from government mints and private fabricators, the …

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1999 George Washington $5: An Overlooked Commemorative

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It might well be suggested that the 1999 $5 gold coin marking the 200th anniversary of the death of George Washington has basically slipped under the radar, receiving very little attention. Of course, when you consider George Washington and his initial objections to the potential of him appearing on coins as the first president, it …

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Gold Rises From Loss Following Fed Statement Earlier this Week

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In futures trading Wednesday, gold and silver were little changed while platinum and palladium posted respective losses of 1.7% and 1.9%. Gold climbed higher in after-hour dealings following the release of the Fed’s latest monetary policy statement. Gold for August delivery dipped $1.20, or 0.07%, to settle at $1,720.70 an ounce on the Comex division of the New York …

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Gold Price Gains 0.8% on Week; Silver Scores 5.6% Weekly Increase

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by COINNEWS.NET Precious metals futures split on Friday yet most of them gained on the week. Palladium ended lower for both periods. Silver rallied on the day and week. Gold, meanwhile, fell from its prior session, near two-week high but still logged a modest weekly increase.   Gold for June delivery on Friday declined $11.90, or 0.7%, …

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GOLD PRICE NEWS – PRICE DROP AS SILVER RISES

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Gold Eases; Silver Snaps 7-Session Losing Streak by COINNEWS.NET Gold finished 0.2% lower on Tuesday, May 5 Silver prices snapped a seven-session losing streak Tuesday and gold declined for the first time in three sessions. Gold for June delivery shed $2.70, or 0.2%, to settle at $1,710.60 an ounce on the Comex division of the New York Mercantile Exchange. …

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