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Palladium follows platinum higher as mining strike lowers production
Precious metals buyers pushed palladium prices higher on February 22, as markets responded to news that a strike at a Rustenburg, South Africa mine had lowered the production of both the precious metal and platinum.
Continue Reading »Precious metals buyers push platinum to five-month high amid mine strike
Precious metals buyers pushed platinum prices to their highest point in five months on February 22, as the markets responded to news of plummeting supplies from the world’s second-largest platinum producer.
Continue Reading »Silver follows commodities higher as precious metals buyers respond to Greek bailout
Silver followed most commodities higher on February 21, as precious metals buyers responded to news that Greece secured its latest bailout funding from the European Union.
Continue Reading »Gold rises after second Greek bailout approved
Gold prices appreciated on February 21, as precious metals buyers responded to news of a second Greek bailout by pushing the value of the commodity higher.
Continue Reading »Greek optimism causes precious metals buyers to push silver higher
Optimism surrounding the Greek debt situation caused precious metals buyers to push silver higher on February 17, as speculation that the European nation will secure its bailout funding in a timely fashion caused the dollar to drop.
Continue Reading »Falling dollar causes precious metals buyers to push gold higher
Gold prices crept up on February 17, as optimism surrounding the Greek debt situation pushed the dollar lower and precious metals buyers pushed the safe haven asset higher in value.
Continue Reading »Silver tracks gold lower amid strong U.S. economic data
Silver prices followed gold lower on February 16 as precious metals buyers pushed the commodities lower amid the release of several strong economic reports in the United States.
Continue Reading »Rising dollar and Greek woes cause precious metals buyers to push gold lower
A stronger dollar and more problems related to the Greek debt dilemma caused precious metals buyers to push gold lower on February 16.
Continue Reading »Precious metals buyers push silver higher amid Euro strength and Greek speculation
Silver prices followed other metals higher on February 15, as speculation that the Greek debt situation will be promptly resolved and a strong euro impacted the sentiment of precious metals buyers, causing them to push the commodity higher.
Continue Reading »Precious metals buyers push gold higher amid China pledge and rising euro
Gold prices rose on February 15, as precious metals buyers responded to a stronger euro and a pledge by China’s government to purchase euro zone debt by putting upward pressure on the commodity.
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