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June 3, 2023
Precious metals mostly declined on Friday, while posting mixed results for the week, with both gold and silver gaining for the first time in four weeks, and platinum and palladium falling for a second week in a row. Gold for August delivery lost $25.90, or 1.3%, to settle at $1,969.60 an ounce on the Comex
April 28, 2023
On the final trading day of the week and month, prices for gold and silver edged up slightly, rose over 1% for palladium, but dipped a bit for platinum. As for April, gold ended near $2,000 with a modest gain, while silver, platinum, and palladium soared with monthly increases ranging from 2.9% to 8.7%. On
April 28, 2023
On the final trading day of the week and month, prices for gold and silver edged up slightly, rose over 1% for palladium, but dipped a bit for platinum. As for April, gold ended near $2,000 with a modest gain, while silver, platinum, and palladium soared with monthly increases ranging from 2.9% to 8.7%. On
April 22, 2023
Prices for precious metals took different paths on Friday as well as for the week. Platinum and palladium saw significant increases, while gold and silver posted declines during both periods. On Friday, gold for June delivery fell by $28.60, or 1.4%, to settle at $1990.50 an ounce on the Comex division of the New York
April 15, 2023
All precious metals, except for palladium, saw a decline in prices on Friday, while all metals except gold recorded weekly gains. Notably, gold experienced its first weekly loss in seven weeks, whereas silver extended its run of weekly gains to five consecutive weeks. On Friday, the price of gold for June delivery dropped by $39.50,
April 9, 2023
Gold prices fell for the second consecutive day on Thursday, following a one-year high on Tuesday. Meanwhile, prices for silver, platinum, and palladium all increased. Except for palladium, all precious metals gained during the holiday-shortened trading week. Gold and silver notably extended their weekly winning streaks to six and four weeks, respectively. On Thursday, gold
April 1, 2023
March was a month of excitement for precious metals as gold, silver, platinum and palladium rallied. Throughout the month, banking uncertainty, a weakening U.S. dollar, and inflation concerns helped in boosting their prices. Although gold for June delivery fell on Friday by $11.50, or 0.6%, to settle at $1,986.20 an ounce on the Comex division
March 31, 2023
March was a month of excitement for precious metals as gold, silver, platinum and palladium rallied. Throughout the month, banking uncertainty, a weakening U.S. dollar, and inflation concerns helped in boosting their prices. Although gold for June delivery fell on Friday by $11.50, or 0.6%, to settle at $1,986.20 an ounce on the Comex division
March 25, 2023
Gold, platinum and palladium declined on Friday, trimming their weekly gains, while silver scored a seven-week settlement high. Ending lower for the first time in four sessions, gold for April delivery fell $12.10, or 0.6%, to finish at $1,983.80 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices climbed 0.5%
March 25, 2023
Gold, platinum and palladium declined on Friday, trimming their weekly gains, while silver scored a seven-week settlement high. Ending lower for the first time in four sessions, gold for April delivery fell $12.10, or 0.6%, to finish at $1,983.80 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices climbed 0.5%