Vista Posteos
Gold Hits 6-Week High, Silver Prices Rise 1.6%_30
printGold futures advanced for a second straight day and to a six-week high Thursday as its appeal intensified following an unexpected interest rate cut by the European Central Bank which reignited inflation chatter.
"Gold has started to revert back into its role as a safe-haven play and this (rate cut) is not changing that," Reuters quoted Ole Hansen, senior manager at Saxo Bank. "Also it’s indicating that we’re going to see lower rates for longer in the future and that is obviously the main supporting factor for gold."
Gold prices jumped $35.50, or 2.1 percent, to $1,765.10 an ounce in the December futures contract on the Comex in New York. The close was gold’s best since September 21. Prices on the day traded between $1,724.00 and $1 bottes ugg,768.30 — the highest intraday point for the metal since September 22.
"We are entering a period of more accommodative global central-bank monetary policy, and this boosts the commodity trade in general, but it has a double effect of reducing the attractiveness of various fiat currencies, which benefits gold," Scott Gardner, the chief investment officer at Verdmont Capital SA in Panama, said in an e-mail which was cited on Businessweek.
Silver prices for December delivery rose 55.5 cents, or 1.6 percent, to $34.498 an ounce, ranging between $33.270 and $34.905.
Platinum prices for January delivery gained $45.70, or 2.9 percent, to settle at $1,647.00 an ounce. Platinum moved from $1,587.50 to $1,648.00.
Palladium prices for December delivery advanced $13.45, or 2.1 percent, to close at $662.10 an ounce. Palladium traded between $636.60 and $674.50.
London Precious Metals
In London Fix comparisons from Wednesday (PM) to Thursday (PM), gold rose $15.00 to $1,758.00 an ounce, silver prices advanced 89.0 cents to $34.72 an ounce, platinum added $16.00 to $1,625.00 an ounce, and palladium rose $15.00 to $661.00 an ounce.
U.S. Mint Bullion Coin Sales
Sales levels for U.S. Mint bullion coins remained unchanged for a second straight day. The latest daily, monthly, and year-to-date U.S. Mint bullion coin sales figures follow:
Sales of U.S. Mint American Eagle and Buffalo Bullion Coins
Daily Gains
November Gains
YTD 2011
Gold Eagle Coin (1 oz.)
0
4,000
810,000
Gold Eagle Coin (1/2 oz.)
0
0
65,000
Gold Eagle Coin (1/4 oz.)
0
2,000
80,000
Gold Eagle Coin (1/10 oz.)
0
0
355,000
Gold Buffalo Coin (1 oz.)
0
500
145,500
American Silver Eagle (1 oz.)
0
25,000
36,500,500
Sales of America the Beautiful 5 Oz. Silver Bullion Coins*
YTD
2011
Gettysburg National Military Park 5 oz. Silver Coin
126,700
Glacier National Park 5 oz. Silver Coin
126,700
Olympic National Park 5 oz. Silver Coin
82,700
Vicksburg National Military Park 5 oz. Silver Coin
31,600
Chickasaw Park 5 oz. Silver Coin
22,300
TOTAL
390,000
*The as of date for sales of U.S. Mint America the Beautiful Five Ounce Silver Bullion Coins is Monday, October 31, 2011. The Mint does not typically publish daily sales for its 5-ounce coins.
Publicidad
Bloque HTML
Información de Entrada
Publicidad
Calificar
Recomendar
Etiquetas
UGG SALE
UGG STORE
abercrombie fit
australian luxe boots
burberry coat
cheap uggs
christian audigier shirts
christian audigier shoes
ed hardy clothing
emu uggs
lacoste online shop
lamartina polo
lamartina shop
lanvin perfume
lorenzi shoes
marcby marc
outlet lamartina
polo lamartina
polol amartina
punk rose