Gold Prices Drop from Record, Silver Plummets 5.6%

Friday, August 5th, 2011

U.S. Gold Futures ended lower Thursday, stepping back from two straight days of record settlements and an earlier intraday record that was 10 cents shy of $1,685 an ounce. Thursday’s equities sell off was blamed for both gold and silver losses. U.S. stocks suffered their worst day since the 2008 financial crisis, forcing investors to [...]




Comex Gold Hits New Record High above $1,600.00, Silver Pushes Above $40.00

Tuesday, July 19th, 2011

Comex gold and silver futures prices are trading higher Monday morning on more safe-haven investment demand amid the debt crises playing out in Europe and the U.S. The debt problems on both sides of the ocean have rattled most of the world’s currency markets, and gold is now standing out as the “currency” of the [...]




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