Prices of precious metals declined on Wednesday, recording losses that ranged from 1.1% for platinum to 3.3% for silver. Gold for February delivery fell by $30.60, or 1.5%, to settle at $2,042.80 an ounce on the Comex division of the New York Mercantile Exchange. "Gold and silver prices are sharply lower near midday Wednesday, pressured
At the beginning of the new trading year on Tuesday, the prices of precious metals dropped, with the exception of gold, which experienced a slight increase. Gold for February delivery advanced by $1.60, or 0.08%, to settle at $2,073.40 an ounce on the Comex division of the New York Mercantile Exchange. "Some modest safe-haven demand
Gold aside, the prices of precious metals declined on Wednesday, with silver extending its losses for the eighth consecutive session. Gold's gain was modest, marking its first increase in five sessions. However, in later electronic trading following the release of the FOMC's statement on monetary policy, both metals rallied. Gold for February delivery edged up
Prices for precious metals split on Tuesday amid U.S. inflation data, with platinum and palladium recording solid gains, and gold and silver inching lower. Gold for February delivery edged down 50 cents, or 0.03%, to settle at $1,993.20 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest
Aside from palladium, precious metals kicked off the new trading week on Monday with losses, led by gold, which shed 1% to end the day near a three-week low. Gold for February delivery fell by $20.80 to settle at $1,993.70 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was