Silver – Today, silver rose 1 percent, or $0.22, to trade at $22.03 per ounce. Earlier in the day, it hit $22.16, its highest price since October 31.
Articles Tagged "federal reserve"
Silver – Thus far this week silver has managed to keep its head above $21, even in the face of news that the US Federal Reserve may raise interest rates sooner than previously expected.
Copper – Three-month copper was down 0.1 percent, or $7.20, at $7,193.75 per tonne this morning.
Gold – This morning, gold fell 0.2 percent, or $2.64, to $1,318.40 an ounce. Meanwhile, US gold futures fell 0.5 percent, or $6.59, to $1,318.40.
Silver – Today, silver fell 0.8 percent, or $0.17, to trade at $21.72 an ounce. Investors are taking a conservative approach to the metal ahead of this afternoon's release of the US Federal Reserve's January meeting minutes.
Gold – With the games in Sochi underway, people around the world are tuned in to watch the competition heat up in their favorite cold-weather sports, including cross-country skiing, snowboarding and hockey.
Silver – Today, silver rose 0.1 percent, or $0.02, to $20.25 an ounce. Analysts attribute the moderate rise to statements made by new Federal Reserve Chair Janet Yellen on Tuesday.
Gold – Gold achieved its most significant one-day gain in three weeks today, rising 1.3 percent to hit $1,290.69 per ounce. Earlier in the day, it rose to 1,293.44, its highest price since November.
Silver – Today, silver fell 0.3 percent, or $0.06, hitting $20 an ounce. That's in contrast to gold, which rose to a three-month high on the back of comments from new Federal Reserve Chair Janet Yellen.
Worries about the Fed's stimulus cut, data out of China and emerging markets weighed on gold, silver, copper and oil prices this week.