Yesterday saw spot gold close completely unchanged, holding at $1,290 an ounce. The yellow metal touched fresh five-month lows Friday morning. Gold slipped 0.15% to $1,288/oz in early trading. Meanwhile, the silver price wiped out most of the previous day’s gains. The argent metal lost 5¢ (-0.35%) to $16.34/oz. Platinum was down 0.9% (-$8) to […]
Spot gold traded just above yesterday’s close at $1,291/oz after reaching as high as $1,296 overnight. The silver price was also slightly above unchanged (+0.2%) at $16.28/oz. Palladium pared its losses by the end of Tuesday’s session and moved modestly higher this morning to $983/oz. Platinum dipped $5 (-0.55%) to about $890/oz, its lowest in […]
A strong rebound for the U.S. dollar sent gold, stocks, and bonds all much lower on Tuesday. The gold price plunged to start Tuesday’s session, down more than 1.6% (-$21) to $1,292/oz, its lowest in roughly seven months. Traders will be watching to see if gold closes below the important support level of $1,300. Spot […]
Gold saw volatile action on Monday but stayed in a fairly tight trading range. Spot gold was up modestly (+0.2%) to about $1,320/oz. However, spot silver lost 4¢ (-0.25%) to $16.60/oz.
The gold price crept upward to about $1,324/oz Friday morning, rising $3 (+0.2%). Each of the other precious metals was also higher. Spot silver gained 10¢ (+0.6%) to $16.78/oz. Platinum was steady around $925/oz while palladium added $5 (+0.5%) to reclaim $1,000/oz.
Spot gold opened near $1,320/oz this morning following a pair of reports from the Department of Labor. Gold traded $6 higher (+0.45%) to $1,318 per ounce by about 10 am EST. The silver price outpaced gold on dollar weakness, rallying 1.1% (+19¢) to $16.65/oz.
Spot gold was mostly unchanged Wednesday morning at $1,314 per ounce, but the yellow metal was up sharply from its overnight lows around $1,304. Spot silver added 13¢ (+0.8%) to $16.57/oz. Palladium gained 0.6% (+$6) to about $970/oz while platinum was flat at $914/oz.
Bond yields and oil prices fluctuated this morning as investors focused on the imperiled status of the Iran nuclear deal. Still, spot gold sank 0.6% lower (-$7.50) to about $1,306 an ounce on Tuesday thanks to a stronger dollar. The silver price held above $16.30/oz, losing 13¢ (-0.8%).
The precious metals were mixed on Monday, but both gold and silver dipped due to a strong dollar. The gold price was down 0.25% (-$3) to $1,312/oz at the opening bell. Spot silver slipped 8¢ (-0.5%) to $16.42/oz. However, platinum (+0.3%) and palladium (+1.1%) each traded higher in early action.
Gold finally broke a three-day losing streak on Thursday. However, spot gold opened flat at $1,310/oz in choppy trading for the yellow metal this morning. The silver price was likewise flat, opening around $16.40/oz. Platinum dipped 0.2% to $900/oz even. Meanwhile, palladium was near unchanged at $960/oz.
With no move from the Fed yesterday, markets turned their focus to the latest labor and trade data. Spot gold climbed about $10 (+0.75%) on Thursday morning to trade above $1,314/oz. Each of the other precious metals also posted gains.
Precious metal prices rose today despite a steady U.S. dollar. The gold price inched 0.1% higher Wednesday, up to around $1,305 per ounce. Silver prices jumped 1.3% (+21¢) to $16.35/oz in early action. Palladium also surged, adding $24 (+2.5%) to trade back at $965/oz.
The gold price was down again to $1,306/oz on Tuesday, sliding 0.6% (-$8). A stronger U.S. dollar provided most of the downward pressure on the precious metals. Spot silver opened off about 0.5% (-9¢) to $16.21/oz. Platinum lost $8 per ounce (-0.9%) to slip below $900/oz. Palladium fell by almost 1.6% (-$15) to trade at […]
Markets around the world saw little movement amid a slew of important data on Thursday. Action for the precious metals was similarly muted. The gold price dipped 0.5% in early trading, holding above $1,316/oz. COMEX gold futures were just barely lower around $1,321 per ounce. Spot silver was off 12¢ (-0.7%) to $16.40/oz.
Despite ongoing struggles for equities, a persistent rally for the U.S. dollar sent gold prices down sharply Wednesday. Spot gold hit a four-week low below $1,320 an ounce, losing 0.75% (-$10). Losses were seen across the board for the precious metals. The silver price was likewise down 0.9% (-16¢), falling to nearly $16.50/oz. Platinum slid […]
Spot gold opened 0.3% above unchanged at $1,328/oz after inching slightly higher during after-hours trading. Gold futures held near a five-week low. The silver price was also modestly higher (+0.5%) near $16.66/oz. Platinum was largely flat at $924/oz. Meanwhile, palladium continued its slump, losing $11 (-1.1%) to $965/oz.
The precious metals suffered steep losses on Monday thanks to a stronger U.S. dollar. Gold prices fell by 1.0% (-$13) to trade below $1,322/oz. Spot silver was off 2.7% (-46¢) to $16.63/oz. Palladium was also slammed lower, plunging $49 per ounce (-4.8%) to $970/oz. Out of the four precious metals, platinum fared the best, sliding […]
Traders responded to a slow news day with less enthusiasm for the precious metals. Spot gold slipped 0.65% (-$9) on Friday morning, trading a shade below $1,337/oz. The silver price also fell 0.6% to about $17.12/oz. Platinum was off 0.75% to $927/oz while palladium moved 0.2% lower to $1,022/oz.
The gold price saw a bit of consolidation on Thursday morning. Spot gold cut earlier losses to trade down just 0.1% at $1,348 per ounce. Spot silver followed up yesterday’s big rally by gaining another 11¢ (+0.65%) to $17.30/oz. The Platinum Group Metals were also mixed. Palladium dipped 0.4% (-$4) to $1,025/oz and platinum was […]
A slew of geopolitical developments drove commodity prices higher on Wednesday, including the precious metals. The gold price moved back above $1,350, adding $5 (+0.35%) to $1,352/oz. Spot silver broke above $17 per ounce for the first time in two months, jumping 44¢ (+2.6%) to $17.20/oz.