Category: GOLD & SILVER

Precious Metals Correct But Platinum Shines

In the aftermath of last Friday’s employment report, the prices of gold and silver headed lower. The signs were there for the precious metals sector as silver rallied to a new short-term high at $16.96 per ounce on August 2 and then closed the session below the previous day’s lows. On Friday, August 4, silver

Gold Flirts with Highest Level in 6 Weeks

Gold prices ended higher Thursday, as a Federal Reserve policy update that was read as mostly dovish by investors, helped to lift prices to their highest finish since mid-June. August gold GCQ7, +0.86%  rose $10.60, or 0.9%, to settle at $1,260 an ounce—the highest session-end level since June 14, according to FactSet data. September silverSIU7,