
PRECIOUS METALS SPOT PRICES*
| METALS | SPOT | CHANGE | |
|---|---|---|---|
| GOLD | --- | --- | --- |
| SILVER | --- | --- | --- |
| PLATINUM | --- | --- | --- |
| PALLADIUM | --- | --- | --- |
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ABOUT SPOT PRICES
* Prices are indications only. Spot prices may vary among different websites and sources. Call Goldline for the most current spot prices. Click for more information.
Recent Industry News
CEO EXPECTS INFLATION, IS SHORT MONEY, LONG GOLD
May. 14 - The precious metals and equity markets saw further losses today over continued uncertainty in Europe as Greece faces new elections and interest rates moved higher on benchmark government bonds in Spain and Italy. All three major stock indices lost approximately 1% of their value during trading today. Gold was $20.10 lower at 7:31 a.m. Pacific Time on the New York Spot market, t » Read the rest.GOLDMAN: GOLD MAY RALLY AS CURRENCY OF LAST RESORT
May. 11 - Gold prices came under pressure as the dollar rose on continued worries over Europe. Gold traded $12.10 lower at 6:13 a.m. Pacific Time on the New York Spot market, at $1,582.30 per ounce. Spot silver was $0.41 lower, trading at $28.73 per ounce. » Read the rest.SPROTT SAYS GOLD MAY HIT $2,000 BY YEAR END
May. 10 - Gold prices moved higher along with the euro after Europe's bailout fund approved a key payment to Greece and Spain took steps to bolster its banks. Greece secured funds needed for bond repayments, calming the fear of a Greek insolvency and an exit from the eurozone. Bargain hunting by Asian buyers also helped to support the precious metal. Gold was $9.40 higher, trading at $1, » Read the rest.ANALYSTS SAY GOLD MAY BE OVERSOLD ON EUROPEAN WOES
May. 9 - Gold prices dropped to a four-month low on continued worries over European solvency. The euro dropped sharply, pushing gold $19.60 lower to $1,586.20 per ounce as of 6:05 a.m. Pacific Time on the New York Spot market. Spot silver was $0.61 lower at the same time, trading at $28.96 per ounce. » Read the rest.
- S&P Capital IQ - Gold: $1,900 (in 2012) "Leo Larkin, metals and mining analyst at S&P Capital IQ, thinks that $1,900 gold might not be that much of a stretch [in 2012]. 'Gold has been ..."
- Citigroup - Gold: $2,300 - $2,400 (by end of 2012) "While we remain cautious on Gold in the near term...we continue to believe that the bull market remains intact...we believe that 2012 may be..."
- Leeb Capital Management - Gold: $2,500 - $3,000 (in 2012) "I'll give you my target for gold at the end of 2012, it's going to be trading somewhere between $2,500 and $3,000. This..."
- Global Hunter Securities - Gold: $1,800 (in 2012) "'What I am looking for is a gold price of $1,800 an ounce in 2012,' says Jeffrey Wright, senior research analyst at Global Hunter..."
- US Global Investors - Gold: $3,600 (by 2017) "'People get so caught up with the next three minutes for gold and they should really be focused on the next three years,' says Frank Holmes, ..."
- Goldman Sachs - Gold: over $1,900 (in 2012) "Wall Street investment bank Goldman Sachs predicts that gold's bull run will continue into 2012 with a low interest rate environment and..."
- CNBC - Gold: $2,400 (no period given) "Gold will top $2,400 an ounce. The long-term bull market in gold marches on. Gold won't make a straight shot to a new inflation-adjusted high. As long..."
- Nomura - Gold: $2,000 (by end of 2012) "Nomura has raised its forecast for gold prices to $2,000 an ounce by the end of 2012, from $1,800 earlier. The brokerage said the low-interest rate..."
- Morgan Stanley - Gold: $2,200 (in first half of 2012) "Gold will lead a rally in commodities in 2012 as Europe's sovereign-debt crisis continues to roil financial markets, spurring demand for ..."
- UBS - Gold: $2,050 average in 2012 "[Gold] remains one of the top commodity picks for 2012 as 'most of the factors that pushed gold higher in 2011 are not going away,' according to UBS..."
- Bank of America Merrill Lynch - Gold: $2,150 - $2,200 (average in 2012) "From a technical perspective we believe that the bull trend for gold remains intact… with gold having not yet met any of..."
- TheStreet.com - Gold: $2,500 (by May 2013) "I want to own gold here. I think gold is going to $2,500 eighteen months from now... Gold has been up for ten straight years and this going to be the..."


