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Price of Gold Weekly Recap: February 27 – March 3, 2017

Trading in gold was heavily influenced last week by U.S. political and economic activity. Despite a Monday opening price of $1,257.40 and an early peak for the week of $1,263.10, gold prices adjusted... Read More »

Price of Gold Weekly Recap: February 20 – February 24, 2017

After opening on Monday at $1,237.37, gold traded in a tight range throughout the day. On Tuesday, gold led the precious metals in a flurry of solid buying after early profit taking, which pushed gold prices to... Read More »

Price of Gold Weekly Recap: February 13 – February 17, 2017

The week started with gold prices at $1,222.40, and steady buying added four dollars to that number by the time the markets closed on Monday. Analysts attributed U.S. and global uncertainty as a... Read More »
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Medical Applications Drive Demand for Gold

One reason gold is so valuable is its scarcity. New uses of this metal create greater demand, which in turn diminishes supply and places upward pressure on its price. Recent research from the... Read More »

Price of Gold Weekly Recap: February 6 – February 10, 2017

Gold trading drew a lot of interest last week. The gold price chart indicated a Monday opening of $1,226.95 that rose to $1,235.35 by early afternoon. Selling shaved a dollar off the price... Read More »

Price of Gold Weekly Recap: January 30 – February 3, 2017

The week’s trading left many long-term investors smiling and speculators scrambling to cover shorts. An early opening on Monday at $1,193.44 was followed with fairly heavy buying that carried the price of gold... Read More »
 

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Gold

$2,379.76

  2.98

Silver

$29.69

  0.11

Platinum

$1,069.30

  0.77

Palladium

$1,001.93

  12.33