Precious Metals

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Gold Value Rises as Silver Declines

gold value rises as silver declines

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 […]

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Gold Marks 0.8% Weekly Gain, Silver Slips 0.4%

Gold value

Gold futures closed higher Friday for the first time in three sessions, padding a weekly gain — the third in four weeks. Gold for December delivery rose $4, or 0.3%, to settle at $1,205.60 an ounce on the Comex division of the New York Mercantile Exchange. “The gold markets are still very short, which is highly unusual. In

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Gold and Silver Price Hit Low.. Again

gold spot price

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

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Gold Ends Near One-Week Low, Marking First Loss in Five Sessions

gold spot price

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

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Precious Metals Futures at ALL TIME LOW

Precious metals futures

Precious metals futures sank Wednesday with losses ranging from 1.3% for gold to 5.9% for palladium. Gold dropped to a more than 18-month low while silver marked its worst finish in over 30 months. Elsewhere, palladium ended near a 13-month low while platinum dropped to its worst point in nearly a decade. Gold for December delivery

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Gold Price at All Time High – Closes at $1309.70

Gold price at all time high

Gold closed up $17.20 at $1309.70 in another try at the “over $1300.00 club”. It traded flat overnight in both Hong Kong and London but moved higher in the domestic market for a number of reasons. First, the Draghi speech late Friday – the European Central Bank (ECB) will keep printing money as the ECB

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How Much is It Worth? Valuing Gems and Precious Metals

Having trouble putting a value on your gems, gold or other precious metals? Check out this video (or read below) on how to value your rare gems and mineral specimens! Remember the Four C’s of Valuing Gems and Minerals: Clarity Color Carat (size) Condition With these you will have no problem putting a higher or

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Gold and Other Metals Score First Weekly Gains in Four Weeks

Gold and Other Metals Score First Weekly Gains in Four Weeks

Precious metals advanced on Friday, cementing their first weekly gains in four weeks. While increases for gold were modest, they were robust for silver, platinum and palladium. On Friday, gold for December delivery rose $8.40, or 0.5%, to settle at $1,728.60 an ounce on the Comex division of the New York Mercantile Exchange. The finish was the best since Aug.

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U.S. Mint Gold Bullion Sales Slow in August

U.S. Mint Gold Bullion Sales Slow in August

United States Mint bullion sales in August were steady for American Silver Eagles, but weak historically, and slowed sharply for American Eagle and Buffalo gold coins, figures from the bureau show. The U.S. Mint’s 2022 American Platinum Eagle continues to solidly outperform last year’s edition. American Eagle gold bullion coins advanced 51,500 ounces in August,

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