Commodities » Precious Metals

Gold and silver daily review (February 10, 2012)

Precious metals fell on Thursday, as technical selling and nagging worries about euro zone debt extinguished a rally that began after Greece agreed to fiscal austerity measures. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund rose at 1278.34 tonnes by Feb 09, up by 1.1 tonnes from the previous business day.

Gold and silver daily review (February 08, 2012)

Precious metals rose 1.5 percent on Tuesday for their biggest daily gain in two weeks, as expectations that a Greek rescue deal will be completed drove the dollar down sharply against the euro. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1277.13 tonnes by Feb 07, remains unchanged from the previous business day.

Gold and silver daily review (February 03, 2012)

Precious metals rose to a two-month high on Thursday on a larger-than-expected fall in new U.S. claims for unemployment benefits, but analysts said bullion could pull back if Friday's U.S. jobs report disappoints. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1271.09 tonnes by Feb 01, remains unchanged from the previous business day.

Gold and silver daily review (February 01, 2012)

Precious metals rose in choppy trade on Tuesday, posting its biggest monthly rise since August on global economic unease and the U.S. Federal Reserve's long-term outlook for near-zero interest rates. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1271.09 tonnes by  Jan 31, remains unchanged from the previous business day.

Gold and silver daily review (January 31, 2012)

Precious metals fell on Monday as a sharp drop in the euro and losses in commodities triggered profit-taking after the metal's recent rally, but a positive technical outlook could underpin bullion in the near term. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund rose stood at 1271.09 tonnes by Jan 23, up by 15.42 tonnes from the previous business day.

Gold and silver daily review (January 24, 2012)

Precious metals rose 1 percent on Monday to a six-week high, boosted by technical buying and as the euro rallied ahead of the outcome of a euro zone meeting on Greek debt restructuring. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund fell to 1250.53 tonnes by Jan 23, down by 5.14 tonnes from the previous business day.

Gold and silver daily review (January 23, 2012)

Precious metals rise was eclipsed by a 4 percent surge in silver on Friday, with investors optimistic about the technical picture and prospects for a Greek deal soon with private bondholders. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund rose stood at 1255.67 tonnes by Jan 20, remains unchanged from the previous business day.

Gold and silver daily review (January 19, 2012)

Precious metals rose on Wednesday, boosted by a higher euro, a U.S. equities rally and optimism that the International Monetary Fund will raise additional funds to help combat Europe's debt crisis. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund rose to 1255.67 tonnes by Jan 18, remains unchanged from the previous business day.

Gold and silver daily review (January 18, 2012)

Spot gold climbed 1.5 percent to a one-month high on Tuesday, encouraged by revived risk appetite that lifted markets across the board, after China announced better than expected economic growth in the last quarter of 2011. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund rose to 1255.67 tonnes by Jan 17, up by 1.51 tonnes from the previous business day.

Gold and silver daily review (January 17, 2012)

Precious metals firmed a touch on Monday in U.S. holiday-thinned trade, with firmer stock markets and a recovery in the euro from early lows taking some pressure off the metal, while traders digested last week's euro zone downgrades from Standard & Poor's.

Gold and silver daily review (January 16, 2012)

Precious metals fell 1 percent on Friday, after the dollar surged against the euro and fears about an imminent credit downgrade of euro zone countries prompted bullion investors to take profits on the recent rally. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1254.16 tonnes by Jan 13, remains unchanged from the previous business day.

Gold and silver daily review (January 12, 2012)

Precious metals rose to a one-month high on Wednesday, breaking ranks with the euro and equities, as evidence of strong physical demand from China fueled fund buying after bullion's recent sell-off. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund fell to 1254.16 tonnes by Jan 10, down by 0.14 tonnes from the previous business day.

Gold and silver daily review (January 10, 2012)

Precious metals edged lower on Monday, as a firmer dollar and worries about the euro zone debt crisis dragged down the prices. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1254.57 tonnes by Jan 09, remains unchanged from the previous business day. Holdings in the world's largest silver backed exchange-traded fund iShares Silver Trust stood at 9516.75 tonnes by Jan 09, remains unchanged from the previous business day.

Gold and silver daily review (January 09, 2012)

Precious metals eased on Friday, snapping a five-session winning streak, but trade was choppy as investors digested a report of better U.S. job growth and the unemployment rate near a three-year low. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1254.57 tonnes by Jan 06, remains unchanged from the previous business day.

Gold and silver daily review (January 06, 2012)

Precious metals rose on Thursday, breaking ranks with the euro for a second straight day, as a rise in U.S. equity markets on economic optimism sent bullion to a fifth straight day of gains. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1254.57 tonnes by Jan 05, remains unchanged from the previous business day. Holdings in the world's largest silver backed exchange-traded fund iShares Silver Trust fell to 9516.75 tonnes by Jan 05, down by 30.24 tonnes from the previous business day.

Gold and silver daily review (January 05, 2012)

Precious metals rose on Wednesday, breaking ranks with the euro as an oil rally and renewed hedge fund and technical buying sent the precious metal to its fourth straight day of gains. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange  traded fund stood at 1254.57 tonnes by Jan 04, remains unchanged from the previous business day.

Gold and silver daily review (January 04, 2012)

Precious Metals rose 2.5 percent on Tuesday, recouping all of last week's losses that pushed it to the brink of a bear market, as encouraging U.S. manufacturing data sparked rallies in the euro and the equities markets. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1254.57 tonnes by Jan 03, remains unchanged from the previous business day.

Gold and silver daily review (December 30, 2011)

Precious metals fell for a fourth consecutive session on Thursday, touching its lowest in nearly six months, as year-end liquidation by funds and early losses due to the euro pushed it the brink of being a bear market. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1254.57 tonnes by Dec 29, remains unchanged from the previous business day.

Gold and silver daily review (December 29, 2011)

Precious metals fell 2 percent to a three-month low on Wednesday, as the dollar rallied against the euro on more jitters about European debt, while losses in U.S. equity and commodity markets triggered a technical sell-off of the precious metal. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1254.57 tonnes by Dec 28, remains unchanged from the previous business day.

Gold and silver daily review (December 28, 2011)

Precious metals fell in light holiday trade on Tuesday as technical weakness, options-related selling and a lack of fresh economic news failed to stimulate buying interest in the final week of the year. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1254.57 tonnes by Dec 27, remains unchanged from the previous business day.

Gold and silver daily review (December 23, 2011)

Precious metals finished slightly lower on Thursday, falling with the euro, as investors feared European leaders were not much closer to solving the euro zone debt crisis. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund fell to 1267.88 tonnes by Dec 22, down by 13.31 tonnes from the previous business day.

Gold and silver daily review (December 22, 2011)

Precious metals edged higher to a one-week high on Wednesday, extending gains from the previous session, as upbeat economic data from the United States and Germany boosted market sentiment, and strong demand for Spanish debt buoyed the euro. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund fell to 1267.88 tonnes by Dec 21, down by 12.1 tonnes from the previous business day.

Gold and silver daily review (December 20, 2011)

Precious metals eased on Monday as concerns that the European debt crisis will hurt global growth kept the euro under pressure, but prices are expected to remain range bound, with liquidity tightening as money managers close their books for the year. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1279.98 tonnes by Dec 19, remains unchanged from the previous business day.

Gold and silver daily review (December 15, 2011)

Precious metals dropped 4 percent on Wednesday as a technical sell-off, year-end fund liquidation and plunging commodities fueled bullion's second-biggest decline since the 2008 economic crisis. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1294.80 tonnes by Dec 14, remains unchanged from the previous business day.

Gold and silver daily review (December 14, 2011)

Precious metals fell around 2.5 percent on Tuesday, posting its largest two-day loss in nearly three months, as the dollar rallied after the Federal Reserve held its policy steady with no new market stimulus. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1294.80 tonnes by Dec 13, remains unchanged from the previous business day.

Gold and silver daily review (December 13, 2011)

Precious metals dropped around 3 percent on Monday, its largest one-day drop in nearly three months, as doubts over a deal for European economic integration triggered a technical breakdown. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund fell to 1294.80 tonnes by Dec 12, down by 0.6 tonnes from the previous business day.

Gold and silver daily review (December 09, 2011)

Precious metals fell around 2 percent on Thursday, its biggest one-day drop in nearly three weeks, after the European Central Bank dashed hopes of more-dramatic action to fight the region's debt crisis. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1295.81 tonnes by Dec 08, remains unchanged from the previous business day.

Gold and silver daily review (December 08, 2011)

Precious metals prices rose on Wednesday in thin, choppy trading as investors stayed on the sidelines ahead of a European Central Bank policy meeting and a key European summit aimed at resolving the region's debt crisis.  Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund fell to 1295.81 tonnes by Dec 07, down by 2.12 tonnes from the previous business day.

Gold and silver daily review (December 07, 2011)

Precious metals rose on Tuesday, reversing initial losses after Standard & Poor's threatened to downgrade the entire euro zone including the region's core economies and its financial rescue fund. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1297.93 tonnes by Dec 06, remains unchanged from the previous business day.

Gold and silver daily review (December 05, 2011)

Precious metals edged higher on Friday, posting its largest weekly gain in over a month as it was supported by worries over inflation after encouraging U.S. payrolls data indicated a strengthening labor market.  Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1297.93 tonnes by Dec 04, remains unchanged from the previous business day.

Gold and silver daily review (November 25, 2011)

Precious metals steadied on Thursday after its decline to one-month lows this week triggered some bargain hunting, and as a slightly weaker dollar lent support to the precious metal. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1297.32 tonnes by Nov 24, remains unchanged from the previous business day.

Gold and silver daily review (November 24, 2011)

Precious metals dropped on Wednesday, falling in tandem with declines in the equity markets and the euro, as weak Chinese factory data and a contracting euro zone economy prompted selling. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1297.32 tonnes by Nov 23, remains unchanged from the previous business day.

Gold and silver daily review (November 23, 2011)

Gold rose more than 1 percent on Tuesday, partially recouping the previous session's tumble, as buying related to options' expiration lifted bullion prices toward the key $1,700- an-ounce option strike price. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund fell to 1297.32 tonnes by Nov 22, down by 6.05 tonnes from the previous business day.

Gold and silver daily review (November 22, 2011)

Precious metals dropped 2.5 percent on Monday, its worst one-day drop in two months, hit by technical selling and a global market maelstrom fueled by government debt fears in Europe and the United States. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund fell to 1291.27 tonnes by Nov 21, down by 1.82 tonnes from the previous business day.

Gold and silver daily review (November 21, 2011)

Precious metals tracked equity markets to end slightly higher on Friday, even though persistent euro zone debt worries and margin liquidation from other markets sent bullion to its largest weekly loss since September. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund rose to 1293.09 tonnes by Nov 18, up by 3.63 tonnes from the previous business day.

Gold and silver daily review (November 18, 2011)

Precious metals stumbled Thursday as the prolonged debt crisis in Europe and fear the turmoil will spread hit sentiment in both markets. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund rose to 1268.67 tonnes by Nov 17, up by 12.1 tonnes from the previous business day.

Gold and silver daily review (November 17, 2011)

Precious metals fell on Wednesday, pressured by easing U.S. consumer prices and uncertainty after a clash between France and Germany over whether the European Central Bank should do more to stem the region's debt crisis.  Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund rose to 1268.67 tonnes by Nov 16, up by 9.08 unchanged tonnes from the previous business day.

Gold and silver daily review (November 14, 2011)

Precious metals extended gains on Friday, rising more than 1 percent, as the precious metal tracked U.S. stock markets higher amid optimism that actions by European leaders would stave off the region's debt crisis.Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund stood at 1268.67 tonnes by Nov 12, remains unchanged tonnes from the previous business day.Holdings in the world's largest silver backed exchange-traded fund iShares Silver Trust stood at 9783.71 tonnes by Nov 12, remains unchanged from the previous business day.

Gold and silver daily review (November 11, 2011)

Precious metals fell for a third consecutive day on Thursday, its longest losing streak in nearly a month, hit by technical weakness and unwinding safe-haven play as nervous investors reacted to headlines painting a mixed picture of Europe's debt crisis. Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund rose to 1268.67 tonnes by Nov 10, up by 4.54 tonnes from the previous business day.Holdings in the world's largest silver backed exchange-traded fund iShares Silver Trust stood at 9783.71 tonnes by Nov 10, remains unchanged from the previous business day.

Gold and silver daily review (November 09, 2011)

Precious metals fell on Tuesday after trading above $1,800 an ounce for the first time in seven weeks, as news that Italian Prime Minister Silvio Berlusconi would resign improved the picture for of euro zone investment risk.Holdings in the SPDR Gold Trust the world's largest gold-backed exchange traded fund rose to 1264.13 tonnes by Nov 09, up by 8.48 tonnes from the previous business day.Holdings in the world's largest silver backed exchange-traded fund iShares Silver Trust rose to 9783.71 tonnes by Nov 09, up by 25.72 tonnes from the previous business day.