Monday, August 15, 2016

Bullion & Business Weekend Report – May 30

May 30, 2009 by · Leave a Comment 

Markets were on fire this week and month. In terms of monthly heights, silver streaked ahead in New York to post its biggest monthly gain since April 1987, rising 27 percent. Gold rallied as well, advancing 9.8 percent. In black gold, crude-oil recorded its best monthly gain in 10 years. U.S. stocks made noise too, rising for three straight months.

Weekend Recap: Silver, Gold and Platinum Prices; Business Week NewsFor the week in London, gold rose 1.6 percent, silver soared 5.9 percent, and platinum jumped 2.3 percent. Precious metal spot figures follow:

London silver closed Friday to $15.52 an ounce, soaring 86 cents this week and an impressive $2.89 for the month.

London gold was fixed at $975.50 an ounce, rising $15.75 for the week while gaining $92.25 in May.

London platinum advanced to $1,175.00 an ounce, rising $26.00 on the week and increasing $82.00 for the month.

Read the rest of Bullion & Business Weekend Report – May 30 (1,061 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!