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Precious Metals Update

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

February 01, 2012

Recent Industry News

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.

INCREASED COIN SALES COULD SUPPORT GOLD

Jan. 30 - The price of gold was essentially flat trading at $1729.00 per ounce at 7:20 a.m. Pacific Time on the New York Spot Market with silver lower at $33.50 per ounce. » Read the rest.

GDP DATA AND EXTENDED LOW INTEREST RATES SUPPORT GOLD

Jan. 27 - Gold moved higher on Friday following the release of U.S. GDP data showing the economy grew at a slower rate than expected in the last quarter of 2011 growth was slower than expected. Gold traded at $1729.90 per ounce at 7:56 a.m. Pacific Time on the New York Spot Market. Silver was also higher at $33.91 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