GoldCore Precious Metals Update, 24 February 2011

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Published : February 24th, 2011
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Category : Market Analysis

 

 

 

 

Gold and Silver

 

Gold is trading higher this morning at $1,414/oz and silver is holding steady at $33.31/oz. On the currencies, gold trades at £874/oz and €1,026/oz respectively. Silver trades at £20.61/oz and €24.18/oz.

 

Platinum Group Metals

 

The PGMs are weaker across the board with platinum trading at $1,773/oz and palladium trading at $768/oz. Both are now looking for industrial demand to provide support at current levels. Rhodium remains steady at $2,400 per ounce

 

Mark O’Byrne

 

Goldcore

 

  

 

 

 

 

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth.
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