Silver prices rose again this week and are nearly 6% higher for the week, while gold quietly eked out a 1% gain.
Today, gold fell 0.18% to $1,247 an ounce after hitting a five-week high of $1,270.10 an ounce yesterday. Silver is up nearly 2% today to $17.36 an ounce. It had rose to a
11-month high of $17.69 yesterday and looks set to test resistance at $18 per ounce.
Palladium and platinum also saw strong gains for the week and were 6.6% and 4.25% higher respectively.
Market Performance This Week (Finviz)
Market Updates This Week
Gold Prices (LBMA)
22 April: USD 1,245.40, EUR 1,104.34 and GBP 868.73 per ounce
21 April: USD 1,257.65, EUR 1,113.21 and GBP 877.01 per ounce
20 April: USD 1,247.75, EUR 1,098.09 and GBP 867.45 per ounce
19 April: USD 1,241.70, EUR 1,095.18 and GBP 867.01 per ounce
18 April: USD 1,237.70, EUR 1,095.02 and GBP 872.45 per ounce
Silver Prices (LBMA)
22 April: USD 17.19, EUR 15.26 and GBP 11.96 per ounce
21 April: USD 17.32, EUR 15.31 and GBP 12.05 per ounce
20 April: USD 16.97, EUR 14.93 and GBP 11.81 per ounce
19 April: USD 16.62, EUR 14.67 and GBP 11.57 per ounce
18 April: USD 16.20, EUR 14.33 and GBP 11.41 per ounce
Gold News and Commentary
Silver slips from 11-month peak, gold off 5-week high as dollar bounces (Reuters)
Gold marks first decline in five sessions (Marketwatch)
ECB Keeps Up Unprecedented Stimulus as Draghi Assesses Impact (Bloomberg)
Germans are revolting over ECB policy (CNBC)
Yen tumbles on renewed rate cut talk (Reuters)
Video: Gold Benefits From Risk-On Sentiment Change: Yardeni (Bloomberg)
“What Is Happening Has Absolutely No “Reasonable” Explanation” (Zero Hedge)
Britain should pay more attention to the Eurozone crisis (Telegraph)
Banning cash would be devastating for the economy (Money Week)
“The more they move to negative rates, the more gold is gonna take off” (Investix)
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