Precious metals declined together for the fourth consecutive day on Thursday, except for palladium, which managed to gain on Wednesday. These losses, following hotter-than-expected inflation data, ranged from 0.4% for gold to 1.6% for silver. The former marked another four-week low, while the latter ended the day at its weakest price in two months. Actually,
Palladium gained on Wednesday for the first time in twelve sessions, while gold, silver, and platinum fell as a trio for the third day in a row. Both gold and silver marked their lowest settlements in four weeks. Actually marking a fourth consecutive session decline, gold for February delivery shed $5.20, or 0.3%, to close
Prices of precious metals declined together for a second day on Tuesday, with a 2.2% drop in palladium leading the way. Gold and silver both marked their lowest settlements in nearly four weeks. Falling for a third consecutive session, gold for February delivery edged down by 50 cents to end at $2,033 an ounce on
Monday saw a decline in precious metals, with losses spanning from silver, which remained nearly unchanged, to a 3.7% drop for palladium. Gold ended the day close to its lowest point in four weeks. Gold for February delivery shed $16.30, or 0.8%, to settle at $2,033.50 an ounce on the Comex division of the New
Precious metals showed split performances on Thursday, with gold and silver rising and platinum and palladium falling. Gold for February delivery rose by $7.20, or 0.4%, to settle at $2,050 an ounce on the Comex division of the New York Mercantile Exchange. "The metals [gold and silver] are seeing some 'outside market' support as this