Precious metals diverged on Monday, with prices of gold and silver closing lower and those for platinum and palladium climbing higher. Down for a second session, after reaching a one-month high and logging four consecutive gains, gold for April delivery gave back $10.80, or 0.5%, to settle at $2,042.90 an ounce on the Comex division
Gold and silver prices remained relatively stable at the start of the new month of February, showing modest gains, while platinum and palladium experienced more significant declines. Gold ended the day at a one-month high. Rising for the fourth consecutive session, gold for April delivery edged up $3.70, or 0.2%, to settle at $2,071.10 an
Most precious metals finished higher on Wednesday, the final day of the month, but they all recorded losses in January, with gold experiencing a very modest decline and palladium facing an exceptional one. Silver and platinum also marked hefty monthly losses. Rising for the third consecutive day, gold for April delivery advanced by $16.50, or
Precious metals ushered in gains to start the new trading week on Monday, with increases ranging from 0.4% for gold to 2.1% for palladium. Gold and silver finished the day at their highest prices in over two weeks. Gold for April delivery the new, most-active contract climbed by $8.50 to settle at $2,044.60
In precious metals on Wednesday, gold declined by nearly $10 to reach a one-week low, while silver, platinum, and palladium notched solid pricing gains. Gold for February delivery fell $9.80, or 0.5%, to settle at $2,016 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since last