Gold Silver Shares Rally Despite Tepid Gains in Precious Metals

Gold and argent shares acquaint ample assets Friday in animosity of alone a bashful beforehand in adored metals. The Philadelphia Gold & Argent Index (XAU) climbed 1.8% to 194.81 in aboriginal afternoon trading, fueled by a broad-based assemblage on Wall Street and weakness in the U.S. dollar.
Read More »

Gold Price Rebounds to $1,680

The gold amount rebounded Friday morning, accepting $12.47 to $1,680.54 per ounce in animosity of a added good than accepted address on U.S. retail sales. Argent climbed alongside the amount of gold, advancing 1.9% to $32.42 per ounce. Strength in gold and argent prices was fueled by bashful weakness in the U.S. dollar, which absent 0.3% adjoin a bassinet of the world’s arch currencies.
Read More »

Gold Futures Drop SocGen Cuts 2012 Forecast

Gold futures alone Tuesday, with the COMEX December 2011 arrangement clearing lower by $9.80, or 0.6%, at $1,661.00 per ounce. The chicken metal traded aloft $1,680 in brief trading, but angry lower as the U.S. dollar rallied adjoin a bassinet of adopted currencies after this morning.
Read More »