There still seems to be an undercurrent of "positive expectations" that precious metals will eventually head to new peaks. But not this week. 
Silver, gold and platinum all dipped.
The largest shake-up happened on Tuesday with gold falling to a two-month low and below $900 an ounce. Silver and Platinum followed the yellow metal. In the end, bullion rebounded ever so slightly after Tuesday but not enough to turn their gains to an overall positive week.
The London Fix Monday through Friday numbers show silver down by $0.54, gold by $32 and platinum by $43.
The silver, gold and platinum weekly charts and comparisons from last week are below. A Reuters business week wrap up video and three related articles links are included as well.
CoinNews London Fix Charts: Silver, Gold and Platinum
(March 31- April 4)
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 figures: percent and dollar change after Friday’s close
|
Up
|
Down
|
Week % Change
|
Week $ Change
|
Friday Close
|
|
| Silver |
|
X
|
-3.0%
|
-$0.54
|
$17.45
|
| Gold |
|
X
|
-3.4%
|
-$32
|
$906
|
| Platinum |
|
X
|
-2.1%
|
-$43
|
$1,989
|
Week change numbers are for Monday-Friday.
London Fix: previous week figures
|
Up
|
Down
|
Week % Change
|
Week $ Change
|
Friday Close
|
|
| Silver |
X
|
|
4.5%
|
$0.79
|
$18.36
|
| Gold |
X
|
|
0.4%
|
$3.60
|
$934
|
| Platinum |
X
|
|
3.8%
|
$72.00
|
$1,990
|
Week change numbers are for Tuesday-Friday (holiday shortened week)
Bullion and business related articles for the week
In related news, interesting or quick-read articles:
- April 4 – Gold futures end higher, but post a weekly decline
- April 4 – Soaring Gold Prices Lure New Breed of Diggers
- April 4 – Gold Ends Friday 0.5% Higher as US Jobs Data Sinks, Fed Looks to Bigger Rate Cut
Business week overview and wrap-up by Reuters News
The three major US indexes:
-
The Dow lost 16.61 points to close at 12,609.42 Friday. It gained 3.2% for the week.
-
The S&P 500 gained 1.09 points Friday to close at 1,370.40.
- The Nasdaq rose 7.68 points Friday to finish at 2,370.98. It gained 4.2% for the week.
The Reuters video recaps the business week.
CoinNews bullion and finance related collector tools
Bullion and finance tools that may interest you:
We just had borring week on precious metals market another down week. But next week we will have better week the price will rise back up again! Supply of Silver, Gold, Platinum, and Palladium is limited! The demand is rising every day! This means more up day for market to come!