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The Week In Precious Metals

After seeing strong appreciation last week, gold pulled back last week from $1,085.90 to $1,077.20/oz as of closing time on the New York markets. This price is still above the multi-year low set last week of $1,053.55. Silver closed lower as well at $13.93/oz. Some of the market movement was attributable to fears that the … Read more

The Week in Precious Metals

Precious metals saw a rise in prices across the board last week, with gold up 2.81% to $1086.30/oz and silver up 3.38% to $14.55/oz on the New York Spot Market. These increases came despite both metals touching multi-year lows over the course of the week. Gold showed strong resiliency in the face of the release … Read more