Gold & Silver Higher

15 Feb in Blog, copper, gold, platinum, silver

A volatile day in precious metals trading today with April gold up 19 dollars on its high of the day before paring gains and closing around 1,729 up 11 dollars for the day. Silver futures in early trade rallied 60 cents before selling off and finishing up only 5 cents. Tensions with Iran early in the trading session sent the metals and the energies sharply higher on the fact that they had stopped exporting oil to 6 European countries; however Italy and 2 others have denied the oil rumor. Copper futures finished lower today in a lack luster trade finishing down 100 points at 380.00 a pound. Platinum futures were slightly higher in light trade closing around 1645 up 10 dollars an ounce.

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