Platinum did not experience a blowout performance compared to last week. However, Friday’s London close of $2,155 represents a respectable Monday through Friday gain of 3.21%. It closed the previous Friday at $2,060.
Silver and gold out shined platinum with percentage gains of 5.47% and 4.20% respectively. Gold, in fact, hit a fresh record on Thursday of $958.40 an ounce on the New York Mercantile Exchange.
The silver, gold and platinum weekly charts are below as well as the Reuters business week wrap up video and four related articles.
CoinNews London Fix Charts: Silver, Gold and Platinum
(February 18-22)
The London Fix is one of the most used bullion quotes around the world. The London AM fix for gold and platinum begins at 10:30am GMT (5:30am in New York), and the PM fix begins at 3pm GMT (10am in New York). The London Fix for silver begins each business day at 12pm GMT (7am in New York).
London Fix numbers: percent and dollar change after Friday’s close
|
Up
|
Down
|
Week % Change
|
Week $ Change
|
Friday Close
|
|
| Silver |
X
|
|
5.47%
|
$0.93
|
$17.94
|
| Gold |
X
|
|
4.20%
|
$38
|
$943
|
| Platinum |
X
|
3.21%
|
$67
|
$2,155
|
Week change numbers are for Monday-Friday.
Bullion and business related articles for the week
In related news, interesting or quick-read articles:
- Feb 23 – Gold glitters brightly to fearful investors
- Feb 23 – Gold Funds Jump on Record Prices
- Feb 23 – China courts Zimbabwe, to venture into gold and platinum mining
- Feb 22 – Gold ends lower, but gains over $40 on the week
Business week wrap-up video by Reuters News
The three major US indexes:
-
The Dow gained 96.72 points Friday to close at 12,381.02. It gained 0.27% for the week.
-
The S&P 500 gained a 10.58 points Friday to close at 1,353.11.
- The Nasdaq gained 3.57 points Friday to finish at 2,303.35. It lost 0.08% for the week.
The Reuters video recaps the business week.
CoinNews bullion related collector tools
Bullion related calculator and currency tools that may interest you:
Precious Metal Prices has risen many weeks in row that all other metals will follow soon! The price of all 3 precious has rised this week. This means that U.S. Dollar will start falling value very soon!