Friday, November 21st, 2008

Posts Tagged ‘ platinum ’

Precious Metals Rise with the Stock Market

Oct 29th, 2008 | By Doug Casey | Category: Gold Market

Gold pushed higher in Hong Kong, peaking at $755, then declined slowly until the late morning in New York, bottoming at $728, and finally rose again slowly through the Globex to finish at $743.80, up $15.20. Overnight, gold has edged higher.



Gold Slides, but Silver Gains

Oct 24th, 2008 | By Doug Casey | Category: Financial News

Gold declined through the first hour of New York trading yesterday, briefly dipping below the $700 mark, but then pushed quickly back over $720 and spent most of the day hovering around that level, finishing at $721.10, down $7.10. Overnight, gold is sharply lower.



Precious Metals Still Fighting Headwinds

Sep 4th, 2008 | By Doug Casey | Category: Financial News, Gold Market

Gold traded in a directionless manner yesterday, remaining tightly rangebound between $790 and $808, and finishing at $800.40, down $4.50. Overnight, gold has pushed higher.



Precious Metals Slammed

Sep 3rd, 2008 | By Doug Casey | Category: Financial News, Gold Market

Gold held up near Monday’s holiday price until New York opened yesterday, whereupon it plummeted by $20 in the first hour, touching bottom at $790 before moving fitfully upward for the rest of the day and finishing at $804.90, down $25.20 from Friday. Overnight, gold has slipped lower.



Precious Metals Little Changed

Aug 30th, 2008 | By Doug Casey | Category: Financial News, Gold Market

Gold performed listlessly on Friday, as many traders quit their desks to get a jump on the Labor Day holiday weekend, leaving the metal to drift slowly south in thin trading and finish at $830.10, down $2.60. For the week, gold gained just under 1%.



Gold Erases Big Early Losses, Posts Small Gain

Aug 27th, 2008 | By Doug Casey | Category: Financial News, Gold Market

Gold was little changed in Hong Kong, but tanked at the London open, falling $15, then surged as New York opened, tacking on $25, before a late-day leveling off that took it to a finish at $824.10, up $2.70. Overnight, gold is sharply higher.



Precious Metals Little Changed, LME Holiday Makes for Thin Trading

Aug 26th, 2008 | By Doug Casey | Category: Financial News, Gold Market

Gold had a day of not much in the way of action, as the London exchange was closed for holiday and the New York market remained pretty much stuck between $820 and $825, finishing at $821.40, down 80 cents. Overnight gold is sharply lower.



Gold, Silver at a Standstill, but Platinum Pushes Higher

Aug 21st, 2008 | By Doug Casey | Category: Financial News, Gold Market

Gold traded lower for most of the day, but gained a little steam after the noon hour and finished on an up note at $812.80, down 90 cents. Overnight, gold has pushed higher. Platinum traded within a $25 range all day, but closed at the high end of it at $1366/oz., up $21. Overnight, platinum is trending higher.



Rebound - Buyers Return to Precious Metals, Albeit Not Overly Enthusiastically

Aug 19th, 2008 | By Doug Casey | Category: Financial News, Gold Market

Gold was sharply higher in the far East, reaching nearly to $805 before London opened and sellers pushed it back to $790, but then it got a second wind in New York, rallied up to a finish at $798.70, up $12.40 from Friday. Overnight, gold has drifted lower.



Precious Metals Drop- Rising Dollar the Cause

Aug 8th, 2008 | By Doug Casey | Category: Financial News, Gold Market

It was a decidedly poor day for the precious metals as gold, silver, and platinum all fell during trading Thursday. Gold posted solid gains in Far East trading, rising to an intraday high of $884.95/oz. Prices dropped, however, during the NYMEX session as the metal closed at $872.70/oz., down $6.30. Overnight, gold has dipped further.