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John Mercanti

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Precious Metals Update

Daily news and insights on finance, the economy and precious metals.

February 03, 2012

Recent Industry News

U.S. JOBS DATA BEATS EXPECTATIONS

Feb. 3 - The price of gold fell on Friday after the release of U.S. jobs data for January, trading at $1745.90 per ounce at 650 a.m. Pacific Time on the New York Spot Market with silver at $34.02 per ounce. » Read the rest.

ANALYSTS SEE GOLD HIGHER ON INCREASED DEMAND

Feb. 2 - The price of gold moved higher on the New York Spot Market on continued investor demand with the precious metal trading near the $1750 mark at 5:35 a.m. Pacific Time with silver at $33.85 per ounce. Gold has been maintaining its gains from January and is up almost 12% on the year. » Read the rest.

ANALYSTS DISCUSS POSITIVE TRENDS FOR GOLD

Feb. 1 - The price of gold moved higher as the euro continued to gain against the dollar, with the metal trading at $1748.10 per ounce at 6:06 a.m. Pacific Time on the New York Spot Market and silver at $34.03 per ounce. » Read the rest.

JANUARY ENDS WITH GOLD UP OVER 11%

Jan. 31 - The price of gold moved higher on the last trading day of the month as the euro gained on the dollar. Gold traded at $1745.20 per ounce at 6:54 a.m. Pacific Time on the New York Spot Market with silver at $34.01 per ounce. » Read the rest.

ABOUT GOLDLINE

For 50 years, Goldline International has served precious metals investors and collectors with a full range of products, including gold, silver and platinum coins and bars, numismatic and collectible coins, and rare currency.

Goldline products are delivered direct to your door or stored in a secure, independent facility. Goldline offers a unique Price Guarantee Program which can help protect you from short-term price changes.

Whether you’re an investor looking to diversify your portfolio or a seasoned collector seeking to establish a unique collection, Goldline’s personal Account Executives will assist you in learning about the wide array of precious metal products we offer.

* Prices are indications only. Call Goldline for most current spot prices. More information