The World Platinum Investment Council reports the global platinum supply relative to demand was in a deficit during the first three months of 2018. Despite that, compared to the final three months of 2017, investment demand was down 26 percent. The U.S. Mint has yet to announce when it plans to offer the 2018 American Eagle 1-ounce platinum bullion coin …
A newly released third quarter report issued by the World Platinum Investment Council suggests a worldwide platinum surplus for 2018. The projection is in sharp contrast to an earlier released report predicting a deficit in the precious metal through 2021. The most recent report projects the surplus to reach 505,000 ounces, up from 295,000 ounces, primarily the …
Precious metals futures declined Tuesday except for platinum which rose 0.2%. The losses ranged from 0.5% for gold to 2.3% for palladium. Gold for December delivery declined $6 to settle at $1,226.30 an ounce on the Comex division of the New York Mercantile Exchange. “It seems that the equity markets are doing pretty well ahead of the results …
Gold Price Drops Small Percentage Today – November 6, 2018 Read More »
Precious metals futures split in the mid-week trading session Wednesday. Gold was among the winners, rising for a second session in a row as U.S. stocks sank on the day. Gold for December delivery rose $1.90, or 0.2%, to settle at $1,193.40 an ounce on the Comex division of the New York Mercantile Exchange. “Gold is holding steady …
Precious metals futures finished lower Thursday. Gold’s loss was its first in five sessions. Gold for December delivery dropped $9.30, or 0.8%, to close at $1,194 an ounce on the Comex division of the New York Mercantile Exchange. The finish was the lowest since last Friday, Aug. 17. “The U.S. dollar index has regained some footing and is trading solidly …
Gold Ends Near One-Week Low, Marking First Loss in Five Sessions Read More »
Gold and silver prices are lower in early-afternoon U.S. trading Thursday, with gold back below $1,200.00. The U.S. dollar index has regained some footing and is trading solidly higher today after sliding lower most of this week, and that’s a daily negative for the precious metals markets. December gold futures were last down $9.40 an ounce at $1,193.90. September Comex silver was last down …
Precious metals prices at all time low on Tuesday for a third straight session. Both gold and silver posted their lowest settlements in just over a year. Gold for August delivery shed $12.40, or 1%, to finish at $1,227.30 an ounce on the Comex division of the New York Mercantile Exchange. The close is the lowest since July 13, …
Gold Price at All Time LOW Read More »