Recent Bullion News

Gold's good month - forget it this year

We are roughly a day away from the end of September and you have to think gold won't do what it has so often done before: End the month at a higher price than it started it.

 

New gold exchange aims to catapult China into ranks of global bullion centers

CHINA’S first global physical gold market opened in Shanghai’s pilot Free Trade Zone ahead of the zone’s first anniversary. The aim of the market is to lift China’s influence over worldwide bullion prices.

 

Bullion Price Movement

Spot Prices as of close of trading in New York

Monday, September 29, 2014

 

 

LBMA names Citigroup as gold, silver market maker

The London Bullion Market Association (LBMA) said on Thursday it appointed Citigroup as a market maker, underscoring the bank's ambitions to expand into the precious metals sector while others are exiting due to regulatory concerns.

 

Platinum and palladium struggle despite positive fundamentals

Platinum and palladium prices continue to struggle amid a dwindling precious metals market, despite support from strong fundamentals that should be driving the price upwards, particularly in palladium.