
palladium
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This Week in Gold: Mixed Economic Cues
- September 5, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
No CommentsGold was pulled in many different directions this week, facing economic cues such as the strength of the U.S. dollar, the European Central Bank’s latest activities, and a new jobs report. While gold is facing volatility, it’s important to remember that gold functions best as an asset you purchase and then leave alone for several years, knowing that
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U.S. Dollar Rallies, Gold and Palladium Fall
- September 2, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold and palladium prices fell on Tuesday as a stronger U.S. dollar offset geopolitical tensions in Ukraine. Gold for December delivery was down $19.20, or 1.5%, at $1,268.20 an ounce on the Comex – its lowest level since June 18. Palladium for December delivery was down $21.95, or 2.4%, at $887.60 an ounce on the Nymex.
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Gold Breaks Losing Streak, Palladium Near 13-Year High
- August 19, 2014
- Posted by: Orkan Ozkan
- Category: News
Geopolitical tensions aided gold in ending a two-day losing streak on Tuesday morning, but a stronger U.S. dollar and booming equities market curbed gains. Spot gold rose 0.3% to $1,301.14 an ounce, trading in a small $5 an ounce range indicating low trading volumes. Palladium, an oft-forgotten precious metal, made headlines by almost reaching its 13-year high of $900 an
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Gold Back Above $1,300/oz. as U.S. Imposes New Sanctions on Russia
- July 17, 2014
- Posted by: Orkan Ozkan
- Category: News
After hitting a four-week low earlier in the week, gold is back above the $1,300 mark to $1,318 as buyers are taking advantage of low prices and new U.S. sanctions on Russia have hurt the stock market. Palladium also remains at a 13 1/2-year high. Russia accounts for nearly half of total palladium supply. The
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This Week in Gold; Latest Economic News
- July 3, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, a week cut short by the 4th of July holiday tomorrow, we saw some precious metals rally and learned the basics of coin grading and mint states. We sought to explain why this happened and gave analysts’ opinions. Today, markets are reacting to economic news on employment and interest rates. Fed chairwoman Janet
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Platinum and Palladium Rallying on Supply Shortage
- July 2, 2014
- Posted by: Orkan Ozkan
- Category: News
If you thought gold’s 10-week high yesterday was impressive, try a 10-month high. That is what platinum has reached in early trading today, July 2, while gold is approaching its highest price in three months. At one point this morning platinum reached $1,523 an ounce, its highest price since September 4, 2013. Palladium for September
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The South African Platinum Mine Strike is Finally Over
- June 24, 2014
- Posted by: Orkan Ozkan
- Category: News
“The crowd cheered and blew horns, in what at times seemed more like a soccer game than a labor rally,” the Wall Street Journal described in its report on the end of the South African platinum mine strike. On Monday, the country’s major platinum mining union, the Association of Mineworkers and Construction Union (AMCU), agreed
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This Week in Gold: Retirement Fear, Platinum & Palladium, Coin Minting
- May 30, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, we revealed how serious the fear of running out of retirement funds is among Americans, why platinum and palladium have been performing so well recently, and how the American Gold Eagle Bullion Coin used to be produced and how it’s produced today. Americans Fear Running out of Retirement Money more than
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Why are Platinum and Palladium Performing So Well This Year?
- May 28, 2014
- Posted by: Orkan Ozkan
- Category: Palladium
Platinum and palladium have been performing extremely well so far in 2014. In a recent article by Seeking Alpha, Jeb Handwerger discusses the top reasons he feels platinum and palladium are outperforming the S&P 500. Below we summarize his seven reasons for this trend. Â *Past performance is not indicative of future results The ongoing mine
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This Week in Gold: Palladium Supply, Chinese Demand, Gender Gaps
- April 17, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week we saw gold prices remain steady at around $1,300 an ounce as a weaker U.S. dollar and accommodating decisions by the Fed offset worries about the strength of Chinese demand and selling of gold-backed funds, palladium prices surge as the crisis in Ukraine threatened supply, learned of seven reasons China is becoming the world’s number
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