Monthly Archives: January 2012

Comex Gold Ends Firmer, At Bullish Monthly High Close Comex April gold futures prices ended the U.S. day session modestly higher Tuesday, with prices hitting a fresh seven-week high and closing at a technically bullish monthly high close. The bulls enjoyed a very good month of January. The bulls still …

Gold steady; heads for biggest monthly gain since August Gold ticked up on Tuesday after the euro recouped some losses, while bullion prices headed for their biggest monthly rise since August as lingering concerns about growth in the United States prompted buying from investors. Gold jumped nearly 5 percent last …

Silver Gains on Industrial Use, Speculation Record industrial demand for silver and surging investor interest are diminishing a supply surplus, driving the metal used in everything from solar panels to batteries into its best start to a year in almost three decades. Manufacturers will use 15,415 metric tons, 2.5 percent …

Central bank gold: joining the dots The gold price on Wednesday broke up through the downtrend starting at last summer’s record high. or so a technical analyst studying the price chart would tell you. he gold price on Wednesday broke up through the downtrend starting at last summer’s record high. …

Gold eases, stays in sight of 7-week highs old eased on Monday, under pressure from a weaker euro, but was off session lows and still within sight of last week’s seven-week highs, supported by evidence of improved investor demand. The euro slid by 1 percent from six-week highs against the …

In the precious metals markets this week . . . SPONSORED BY PARK AVENUE NUMISMATICS GOLD: Comex spot gold prices opened the week at $1,671 . . . traded as high as $1,734 on Friday and as low as $1,649 on Wednesday . . . and the Comex AM settlement …

Gold Prices Rally Above $1738 as Silver Soars Over $34 Gold prices had been pressured by strength in the U.S. dollar during most of Wednesday until the Fed released forecasts indicating it is likely to maintain “a highly accommodative stance for monetary policy” and that U.S. economic conditions are “likely …