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March 1, 2024
On Thursday, most precious metals saw gains, yet they all experienced declines for the month. Gold had the least unfavorable performance in February, actually ending the day at its second-highest price of the month. Gold for April delivery rose by $12, or 0.6%, to settle at $2,054.70 an ounce on the Comex division of the
February 28, 2024
On Tuesday, the prices of precious metals rose for gold, silver, and platinum, while palladium experienced a decline. Gold for April delivery increased by $5.20, or 0.3%, to settle at $2,044.10 an ounce on the Comex division of the New York Mercantile Exchange. "Gold is seeing some short covering in the futures market and some
February 28, 2024
On Wednesday, prices for gold, silver, and platinum declined following their prior day's gains, while palladium registered its third consecutive loss. Gold for April delivery dipped by $1.40, or 0.07%, to settle at $2,042.70 an ounce on the Comex division of the New York Mercantile Exchange. "A firmer U.S. dollar index today is a negative
February 27, 2024
Precious metals kicked off the new trading week on Monday with losses, especially sharp ones for silver, platinum, and palladium. Gold for April delivery gave back $10.50, or 0.5%, to settle at $2,038.90 an ounce on the Comex division of the New York Mercantile Exchange. "Chart-based selling is featured in a quieter marketplace to start
February 22, 2024
Precious metals declined together on Wednesday, with losses ranging from 0.3% for gold to 3.4% for palladium. Gold for April delivery shed $5.50 to settle at $2,034.30 an ounce on the Comex division of the New York Mercantile Exchange. "Technically, April gold futures bears still have the slight overall near-term technical advantage. Prices are in
February 21, 2024
At the start of the new trading week on Tuesday, prices for silver declined, while those for gold, platinum, and palladium gained. Gold for April delivery tacked on $15.70, or 0.8%, to settle at $2,039.80 an ounce on the Comex division of the New York Mercantile Exchange. "The yellow metal is getting a lift due
February 15, 2024
Precious metals rose together on Thursday, posting gains ranging from 0.5% for gold to 1.9% for palladium. Gold's increase was its first in six sessions and comes on the heels of ending at a two-month low. Gold for April delivery tacked on $10.60 to settle at $2,014.90 an ounce on the Comex division of the
February 13, 2024
While gold prices fell modestly at the start of the new trading week on Monday, prices for silver, platinum, and palladium rose -- significantly for the latter two. Gold for April delivery shed $5.70, or 0.3%, to settle at $2,033 an ounce on the Comex division of the New York Mercantile Exchange. "Gold is feeling
February 8, 2024
In the precious metals market on Wednesday, gold remained relatively unchanged, edging up slightly, while silver, platinum, and palladium declined. Gold for April delivery settled up 30 cents to $2,051.70 an ounce on the Comex division of the New York Mercantile Exchange. "It's a quieter marketplace at mid-week, with no new fundamental developments to significantly
February 7, 2024
Tuesday witnessed little fluctuation in precious metal prices, as gold, silver, and platinum showed minor upticks, while palladium experienced a slight decrease. Up for the first time in three sessions, gold for April delivery rose by $8.50, or 0.4%, to settle at $2,051.40 an ounce on the Comex division of the New York Mercantile Exchange.