Silver Prices Rise 3% for the Week

Silver prices marched higher on the week as did platinum and palladium. Gold, however, turned slightly lower. The London Silver Fix ended Friday at $12.51 an ounce, gaining 38 cents, or 3.0 percent from last Friday's close of $12.51.

The following tables list precious metal prices from Friday PM to Friday PM:

London Fix Precious Metal Prices
	Gold		Silver	Platinum		Palladium
	AM	PM		AM	PM	AM	PM
2/6/2009	914.00	913.00	12.89	982	989	202.00	208.00
1/30/2009	918.50	919.50	12.51	975	983	192.00	196.00

 

Dollar and Percent Changes Friday PM-Friday PM
1/30-2/6	Gold	Silver	Platinum	Palladium
$ Change	-6.50	0.38	6.00	12.00
% Change	-0.7%	3.0%	0.6%	6.1%

 

These articles offer week ending precious metals news:

• Gold Is Little Changed on Stock Rally; Silver Rises for 3rd Day - Bloomberg, Feb 6
  Gold prices were little changed as equities rallied on expectations the U.S. Congress will pass a stimulus package to revive the economy. Silver gained for the third day in a row.
• Gold ends slightly higher after U.S. jobs data - MarketWatch, Feb 6
  Gold futures ended Friday slightly higher as investors in the precious metal looked past the worst job losses in 34 years and followed a broad rally in stocks on Wall Street.
• Weekend Report: Silver, Gold, Platinum and Stock Prices - CoinNews, Feb 7
  Precious metals were split for the week with gold closing lower along with oil. Silver and platinum climbed as did U.S. and European stocks. For the numbers, the London gold fixing ended 0.7 percent lower while silver and platinum gained 3.0 percent and 0.6 percent, respectively.

Related Silver or Coin News:

1. Silver Prices Rise for the Week Silver ended the week higher following two holiday shortened trading weeks that forestall a Friday to Friday comparison. The London Silver Fix closed Friday to $11.08 an ounce, rising 15 cents or 1.4 percent from Monday's $10.93. The following tables list precious metal prices from Monday to Friday: London Fix Precious Metal Prices Gold Silver Platinum Palladium AM PM AM PM AM PM 12/29/2008 881.00 880.25 10.93 920 904 182 184 1/2/2009 869.75 874.50 11.08 934 926 185 185   Dollar and Percent [...]...
2. Silver Prices Rise Nearly 7% for the Week London silver finished higher on the week for the fifth straight time, as precious metals shined with solid gains ranging from 1.4 percent to 6.8 percent -- the latter being silver. The metal broke the $14 barrier on Wednesday and maintained momentum, climbing 91 cents above last Friday's close to finish at $14.28 [...]...
3. Silver Prices Rise 0.1% in London, 0.4% in N.Y. Silver managed modest gains for the week, rising less than a percent in both New York and London -- well off the respective 11.6 percent and 14.4 percent increases from the prior week. London spot silver closed Friday at $13.92 an ounce, rising 2 cents or, 0.1 percent this week. However, silver is 29 percent higher [...]...