Sunday, August 14, 2016

Bullion & Business Weekend Report – Feb 28

February 28, 2009 by · Leave a Comment 

Precious metals were battered as gold fell for five straight days and below the $1,000 mark it had just surged over last Friday. For the numbers, the London gold fixing fell 3.7 percent, silver lost 7.5 percent and platinum dropped 2.5 percent. The Dow lost 4.1 percent, the S&P declined 4.5 percent and the Nasdaq fell 4.4 percent. European stocks ended lower as well.

Weekend Recap: Silver, Gold and Platinum Prices; Business Week NewsNew York crude-oil for April delivery closed Friday to $44.76 a barrel, falling 46 cents, or 1 percent. However, oil surged 12 percent on the week.

AAA said the average price for unleaded gasoline on Saturday settled to $1.903 a gallon compared to $1.843 a month ago and $3.164 one year back.

London silver ended at $13.21 an ounce, tumbling $1.07 since last Friday’s close.

London gold closed to $952.00 an ounce, falling $37.00 for the week.

London platinum settled to $1059.00 an ounce, declining $27.00 on the week.

Read the rest of Bullion & Business Weekend Report – Feb 28 (967 words)

© CoinNews.net for Coin News, 2009. |
Permalink |
No comment |
Want more on these topics? Browse the archive of posts filed under Bullion Articles and Precious Metal Reports, Business News.

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!