Gold and silver prices are modestly down in early-afternoon U.S. trading Wednesday. Some mild profit-taking pressure from recent gains and a firmer U.S. dollar index on this day helped to pressure the precious metals markets. Still, losses were limited today by some safe-haven buying interest amid a bit more risk aversion in the world marketplace at mid-week. April gold futures were last down $3.50 an ounce at $1,311.50. May Comex silver was last down $0.114 at $15.315 an ounce.
Asian and European stock indexes were mostly down overnight. U.S...Read more
Gold and silver prices are higher in midday U.S. trading Monday, with gold notching a four-week high. Some safe-haven buying amid wobbly world stock markets, combined with chart-based buying interest, are lifting the two precious metals markets. April gold futures were last up $9.20 an ounce at $1,321.50. May Comex silver was last up $0.163 at $15.57 an ounce.
Asian and European shares were mostly weaker Monday on heightened concerns regarding slowing global economic growth. U.S. stock indexes were slightly weaker at midday. Following recent...Read more
Gold and silver prices are firmer in early U.S. trading Friday, on some mild safe-haven demand amid concerns about slowing world economic growth. April gold futures were last up $4.80 an ounce at $1,312.30. May Comex silver was last up $0.023 at $15.46 an ounce.
Asian shares were mostly firmer overnight and European stocks were mostly lower. U.S. stock indexes are also pointed toward lower openings when the New York day session begins.
There was more downbeat economic data coming out of the European Union Friday....Read more
March 19 (Reuters) - Gold prices rose for a third consecutive session on Tuesday as the dollar weakened on expectations that the U.S. Federal Reserve will maintain a dovish tone at its monetary policy meeting this week.
* Spot gold was up 0.1 percent at $1,304.91 per ounce as of 0058 GMT.
* U.S. gold futures rose about 0.3 percent to $1,304.70 an ounce.
* Spot palladium dipped 0.1 percent to $1,582 an ounce, after registering its highest on record at...Read more
Except for palladium, all the major precious metals sustained strong declines today of 1% or greater. As of 3:30 PM Eastern standard time the largest decline was seen in platinum futures which gave up 1.94%, and after a $16.20 loss is currently fixed at $825.50. Silver was close behind giving up 1.75% on the day, and after a $.27 drawdown is currently fixed at $15.185.
Gold gave back almost all the gains realized on Tuesday and Wednesday as it lost just over a full percent (-1.02%). The most active April Comex contract is currently fixed at $...Read more